Keppel to build fifth accommodation semi for Floatel at about US$280 million
Keppel FELS Limited (Keppel FELS) has been awarded a contract worth about US$280 million by Floatel International Ltd (Floatel), to build its fifth accommodation semisubmersible (semi) for delivery in 4Q 2015, said in the company's press release.
Keppel FELS previously delivered the accommodation semis, Floatel Superior and Floatel Reliance, in 2010 and is currently constructing two more - Floatel Victory and Floatel Endurance.
The new semi will be a sister vessel to Floatel Victory and will be built to Keppel's proprietary SSAUTM5000NG design.
Mr Wong Kok Seng, Managing Director (Offshore) of Keppel Offshore & Marine and Managing Director of Keppel FELS said, "We have a strong track record in the design and construction of accommodation semis. This fifth order is a reflection of the win-win partnership we have built with Floatel, the strength of our rig designs and the reliability of our execution. The SSAUTM5000NG is customised for operations in deep and harsh environments with world class safety and efficiency."
Able to accommodate up to 500 persons in one- and two-man cabins, the new semi will have state of the art accommodation and recreational facilities which provide increased comfort for its occupants.
The new semi will incorporate the latest technology such as Dynamic Positioning (DP) 3 capability and enhanced station-keeping, enabling it to operate securely alongside fixed platforms, floating platforms and Floating Production Storage and Offloading Vessels, with a full complement of deck cranes, large open deck area, workshops and fire fighting capabilities.
Floating accommodation platforms are needed to provide additional living quarters for drilling and production personnel. Such support is required during hook-up and commissioning in the development phase, for maintenance and upgrading during the production phase, as well as for decommissioning.
About Floatel International Ltd
Floatel International Ltd. was established in 2006 to satisfy a market demand for a new generation of offshore floatels. The vision of the Company is to own and operate the most modern, safe and reliable floatel fleet in the world to meet the increased market demand.
Floatel International AB is a management company responsible for construction supervision and operational management for and on behalf of the Owner, Floatel International Ltd.
About Keppel FELS
Keppel FELS is a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), a wholly-owned company of Keppel Corporation Limited. Keppel FELS is a leading designer, builder and repairer of high-performance mobile offshore rigs. Its portfolio of proprietary designs and floating production solutions meets a broad spectrum of operating requirements, including deep waters and harsh environments.
