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Keppel Shipyard Secures Vessel Conversion Contract For US$684 Million

Shares Investment

Keppel Corporation’s indirect wholly owned subsidiary, Keppel Shipyard, has secured a contract worth approximately US$684 million with Golar Gandria to perform the conversion of liquefied natural gas carrier into a floating liquefaction facility.

Keppel Shipyard will provide the design, detailed engineering and procurement of the marine systems and all of the conversion-related construction services.

Black & Veatch, a global leader in building critical human infrastructure in energy, water, telecommunications and government services, will be engaged to provide design, procurement and commissioning support services for the topsides, as well as the liquefaction process.

Full construction activities is expected to commence in 2016 and the vessel is expected to be delivered in approximately 31 months after commencement.



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