OFFSHOREMARINE A newsletter of Keppel Offshore & Marine

2Q Issue 2017 MCI (P) 112/05/2017

SETTING NEW MILESTONES CONTENTS

Demonstrating resilience 3-7 Taking the helm 8 Greater synergy 9 Building the world’s first EU Stage 10 V dredger Steady stream of repairs and conversions 11 State of the art drilling rig delivered in 12-13 Renewing friendships at OTC Houston 22-23 Centrespread 18 Strengthening union ties 25 WSH outreach 26 Distinguished partner award 29 Celebrating friendship 34 As part of its regular engagements with key CENTRESPREAD stakeholders, Keppel Offshore & Marine hosted Keppel to deliver world’s first 18-20 Mdm Halimah Yacob, then-Speaker of Parliament, to converted FLNGV a dialogue session on 23 May 2017, during which a range of topics focusing on employees’ well-being was TECHNOLOGY & INNOVATION discussed. Tightening up on safety 27

EDITORIAL BOARD EDITORIAL ADVISOR Chris Ong

EDITOR Ang Ting Yang

ASSISTANT EDITOR Jayne Yeo

COMMITTEE MEMBERS Michael Chia, Chor How Jat, Abu Bakar Mohd Nor, Dr Foo Kok Seng, Aziz Merchant, Hoo Yao Lin, Hayley Teo, Priscilla Chong, Alan I. Claveria, Gabriela Soares, Li Gang, Lee Wan Jun, Linda Mercado, Roy Tan, Brian Lee

OffshoreMarine is a quarterly publication of Keppel Offshore & Marine Ltd 50 Gul Road, Singapore 629351 Tel: +65 6863 7200 Fax: +65 6261 7719 / 6265 1927

Company registration no. 199900642R

Keppel Offshore & Marine is a subsidiary of Keppel Corporation

2 OffshoreMarine 2Q Issue 2017 Demonstrating resilience Despite the strong headwinds faced in the offshore sector, Keppel Offshore & Marine (Keppel O&M) continued to perform creditably in the first half of 2017. Mr Loh Chin Hua, CEO of Keppel Corporation and Chairman of Keppel O&M, discussed strategic developments and outlook at Keppel Corporation’s 2Q & 1H 2017 results briefing.OffshoreMarine reproduces highlights of his speech.

We have had a busy quarter, opportunities and developing Building on strong relationships during which Keppel continued to new capabilities to strengthen with our network of customers, make important strides towards Keppel O&M. Keppel O&M secured contracts of strengthening our track record as around $300 million, year to date, a solutions provider for sustainable STAYING RESILIENT including for newbuild Liquefied urbanisation. Amidst the continuing downturn, Natural Gas (LNG) carriers and Keppel O&M achieved a million dredgers as well as Floating Three weeks ago, we held dollars in profit. Rightsizing efforts Production Storage and Offloading the naming ceremony for the undertaken by Keppel O&M (FPSO) conversions. world’s first converted Floating helped to achieve an operating Liquefaction Vessel (FLNGV), profit of $36 million, but it was We have closed the deal for the Hilli Episeyo, at Keppel . not sufficient to cover higher novation of the five Transocean financing costs for the enlarged rigs to Borr Drilling and received Even as we navigate through the working capital. Contributions the downpayment of challenges faced in the offshore from associates helped the Division US$275 million, which has sector, we are seizing to break even. Continues on page 4...

Keppel O&M delivered three major projects in 1H 2017, including FPSO John Agyekum Kufuor (pictured)

OffshoreMarine 2Q Issue 2017 3 Continued from page 3.

We are on track to deliver the world’s first FLNGV conversion in partnership with Golar LNG within three years and with a safety record of 18 million manhours worked without Lost Time Incidents. The converted FLNGV will be a game changer in the LNG industry, providing a solution that is not only significantly more cost effective but also much faster to market.

The second vessel for Golar, the Gandria FLNG, is slated for deployment by Ophir in Equatorial Guinea. In May 2017, Ophir announced the signing of the Through its subsidiary, Caspian Shipyard Company, Keppel O&M delivered Heydar Aliyev (pictured), the first modern semisubmersible to be almost completely built in Azerbaijan Umbrella Agreement, one of the four key milestones required for improved the Division’s cash flow. excluding our projects for Sete the Final Investment Decision (FID). The first two rigs will now be Brasil. We will continue to focus We look forward to embark on delivered in 2018 and a third in on executing our projects safely, the conversion once we receive the 2019, while the remaining two will on time and on budget, and with Notice to Proceed after the FID is be delivered in 2020. the quality synonymous with achieved, which is expected to be Keppel. in 2H 2017. Despite some pick-up in activity in the offshore market, the In 1H 2017, Keppel O&M delivered To streamline operations general consensus is that, with three major projects – an FPSO and effectively capture new the prevailing uncertainty in the conversion for Yinson Production, opportunities, Keppel O&M oil market, and oversupply in the an FPSO integration for recently reorganised its operations jackup market, a quick recovery is BW Offshore and a into two divisions – the New unlikely. Our rightsizing will enable semisubmersible for SOCAR. Builds division, covering Offshore us to weather through a prolonged as well as Gas & Specialised downturn. We will continue to In 2Q 2017, we reached Vessels, and the Conversions & build new capabilities, look for agreements with our customers to Repairs division. new markets in the gas industry defer three offshore projects. The and non-oil and gas plays such as delivery of two semisubmersibles The reorganisation saw the Jones Act vessels and dredgers. will be moved from 2019 to 2020. integration of key functions We will also explore opportunities The projects are cash flow neutral in the New Builds division, to re-purpose our offshore and we will be compensated comprising Keppel FELS and technology for other uses. for the deferrals. The liftboat Keppel Singmarine, which allows for Crystal Heights will also be Keppel O&M to improve MAJOR DELIVERIES deferred from 2018 to 2019. We efficiency and more importantly, As at 30 June 2017, Keppel O&M’s will likewise be compensated for better leverage synergies and net orderbook was $3.4 billion, this deferral. different capabilities within

4 OffshoreMarine 2Q Issue 2017 Keppel O&M’s strong track record in oil and gas projects include the completion of the world’s first Floating Storage and Regasification Unit (FSRU), Golar Spirit (pictured) in 2008 as well as another two FSRUs after that. its group for new build needs, we have completed the build vessels. We had completed solutions. sale of a supporting yard in the world’s first Floating Storage the to the Damen and Regasification Unit (FSRU) In the Conversions & Repairs Group for a total conversion and will soon deliver division, Keppel Shipyard can consideration of EUR 23.5 million. the world’s first FLNG vessel similarly draw on the group’s Keppel O&M has the capacity and conversion. We have also won an diverse resources to undertake a resources to continue servicing its LNG bunkering licence with Shell in wider variety of complex projects. customers in Europe and the North Singapore, and are building For example, by combining Sea region, as well as pursue new dual-fuel LNG tugs and small-scale Keppel FELS’ expertise from opportunities in these markets LNG carriers. complex offshore projects with through our global network of Keppel Shipyard’s capabilities yards. Our commitment to Near Keppel’s value proposition extends in executing LNG-related EPC Market, Near Customer execution beyond that of an EPC yard. We (engineering, procurement, remains intact. are pushing boundaries to meet construction) projects, growing demand for small-scale Keppel O&M would be even better GAS INDUSTRY PARTNER & LNG in archipelagic markets across able to provide customers with ENABLER Southeast Asia, the Caribbean reliable end-to-end solutions. We With our ability to design, develop and the Mediterranean, in regions have already benefitted from such and integrate solutions across the unserved by pipelines. Our collaboration recently, with gas value chain, Keppel is poised contribution in the gas value chain Keppel FELS and Keppel Shipyard to be the gas industry’s preferred also extends to playing a role as a working together on the partner and enabler. co-owner and co-developer. We commissioning phase of the Golar can help source for funds to invest Hilli FLNG vessel. Keppel O&M’s deep cryogenic in these floating infrastructure expertise is supplemented by assets which can generate In line with Keppel O&M’s efforts a strong track record in oil and long-term recurring income for to rationalise its global yard gas projects, including over 110 Keppel and our co-investors. network according to business complex conversions and 400 new Continues on page 6...

OffshoreMarine 2Q Issue 2017 5 Continued from page 5.

IN CONVERSATION OffshoreMarine highlights management’s responses to key questions from media and the investment community on the Group’s results for 2Q & 1H 2017.

Mr Loh Chin Hua (fourth from right), Chairman of Keppel O&M and CEO of Keppel Corporation, and Mr Chris Ong (second from right), engaged media and analysts at the 2Q & 1H 2017 results briefing

Q: You talked about how you see our US yard, to build two Jones Act Q: What sort of markets are you opportunity in gas and LNG, as LNG containerships. All I can say targeting in the gas sector? What well as Jones Act Carriers. Could is discussions are still ongoing and type of floating infrastructure we get a sense of the scope of jobs we will make an announcement assets are you looking to co-own? that you are interested in and the when appropriate. LCH: Assets including small-scale sizes in terms of the work that you LNG carriers, regasification floating are pursuing? Timing wise, when CO: It is a reality that projects carriers and even floating power might we see some decisions or are hard to come by, because the barges will be on long-term potential contract awards? sector is in its downturn, but what contracts, providing services for LCH: It is important to look for we have done is to engage our infrastructure assets with steady new topline. This means looking customers early. For example, the returns and cash flow. When at our gas strategy, non-oil and potential contract with Pasha and these assets have been de-risked gas segments such as Jones Act other contracts secured in 1H 2017 and are stabilised, we can put vessels and dredgers, as well as are LNG-related projects. Even them into Keppel Infrastructure re-purposing some of our offshore for Pasha, they are looking for Trust, for example. This is because technology for other uses. While dual-fuel vessels and there is LNG an infrastructure trust can own projects are harder to come by, we involved. The world is basically such an asset, which generates do see some projects in these areas going for cleaner energy and we reasonable returns, without being which I have just mentioned. Not are engaging our customers to overly geared. too long ago, one of our potential help them change the profile and customers, Pasha, from the USA, capability of their fleets. When we CO: For our gas strategy to work, mentioned in a press briefing that have good news, we will share it we have to participate at different they have selected Keppel AmFELS, with all of you. levels of the gas value chain to

6 OffshoreMarine 2Q Issue 2017 make sure that the logistics will be because they have development And what the expected returns viable. We are not just looking at plans over a couple of years that there? Generally the asset owning large-scale assets such as Floating require a purpose-built vessel. business appears capital intensive Liquefied Natural Gas (FLNG) For Keppel, we talk to different with high return on equity (ROE) vessels, but also mid- to small-scale profiles of customers, and we will only possible with leverage. LNG carriers which allow us to cater solutions based on what the LCH: Chris Ong had explained break bulk and do the milk runs, customer requires. what some of the small-scale LNG going through various ports to floating assets, and infrastructure enable the whole chain. Countries Q: Would you entertain the idea assets that we are looking at are. like Indonesia and Myanmar, of a larger consolidation within These will include small-scale LNG which are flanked by water bodies the Singapore shipyard sector, i.e. carriers, regasification floating are examples of these small-scale with your main competitor? carriers and even floating power markets. This is how we can play in LCH: I answered this question at barges. These assets do not the field, not only in one part or an the previous results briefing. operate on their own but are part isolated asset class. I think at this point in the cycle for of the ecosystem that would be Offshore & Marine, our view is that built up. Q: Were there further job cuts in it will still take a bit longer before the Offshore & Marine Division we can see a full recovery and we this quarter? What is the latest have taken very decisive steps to number on staff strength? rightsize the Division since early LCH: For Keppel, most of our 2015. Because of these painful rightsizing has already taken place. steps that we took, we are on a In 2Q 2017, the global workforce better footing. Despite the drop dropped by about 5% from the in revenue, Keppel O&M has still previous quarter. Most of this been able to keep in the black. We took place as a result of natural are also looking at other markets attrition, and we have also sold because we need new top lines. the Verolme Yard in Holland which contributed to the reduction in We believe that the industry workers. still has a very bright future. We continue to look at R&D and Q: What are the capex and acquiring capabilities. But at this technical benefits/drawbacks of point in the cycle, we think that converted FSRU/FLNG compared capacity is not that important. to newbuilds? Indeed, we think that in the short CO: The selection of newbuild term, capacity may be a bit of or conversion greatly depends a liability if you are not able to on how the customer intends fill the yard. So we do not see to develop the field. If you are any advantage in growing our referring to the converted FLNG for capacities at this point in time. Golar, their business case is based on a low capex and fast-to-market Q: It seems that there are solution so as to make the stranded intentions to co-own floating gas field viable. There are also infrastructure assets. What type customers that look at newbuilds of assets are you looking to own?

OffshoreMarine 2Q Issue 2017 7 Taking the helm

Mr Ong is concurrently MD our strong track record and the (Offshore), Keppel O&M and MD capabilities we have developed of Keppel FELS. He joined Keppel to grow Keppel O&M to the next FELS in 1999 and held a range level. We must innovate, reinvent of key appointments including ourselves and even disrupt our GM (Engineering), Acting ED own business models so that we (Operation), ED (Commercial) and can stay ahead of the competition. Deputy MD of Keppel FELS. He is also a board member of the “Besides developing advanced Institute of Technical Education products in our usual markets, Board of Governors, and a we are also exploring ways to member of Workplace Safety & repurpose offshore industry Health Council Marine Industries technology for other industries Mr Chris Ong Committee and U EnTech Steering such as offshore wind, offshore Committee. power plants, offshore Mr Chris Ong Leng Yeow was desalination plants, our suite appointed CEO of Keppel Offshore Mr Ong said, “I am proud to lead of Liquefied Natural Gas (LNG) & Marine (Keppel O&M) on 1 July the team at Keppel O&M. Our solutions, and even offshore real 2017. He was formerly Acting CEO, immediate priority is to ensure estate, among others.” Keppel O&M. that we continue to capitalise on

Strengthening the local O&M industry

during its 49th Annual General the industry champion for not just Meeting held on 23 May 2017. local shipyards, but also offshore Mr Abu Bakar succeeds Mr Chow and marine companies based in Yew Yuen, former CEO of Singapore, as well as its supporting Keppel O&M. industries.

The 16-member council was elected Despite the industry challenges, into office for a two-year term from Mr Abu Bakar believes there are 1 June 2017 to 31 May 2019. adjacent sectors that companies can explore. Mr Abu Bakar Mr Abu Bakar shared in an interview with ASMI that his vision “There are opportunities in the Mr Abu Bakar Bin Mohd Nor, MD for ASMI is to be the leading trade Clean Energy and Digitisation (Gas & Specialised Vessels), Keppel partner and platform to further segment which offshore and Offshore & Marine (Keppel O&M), strengthen the local offshore marine companies can tap was elected as the new President and marine industry. In addition, and develop further, such as of the Association of Singapore he targets to enhance ASMI’s gas supply-chain, wind, solar, Marine Industries (ASMI) Council membership and boost its role as autonomous vessels etc,” he said.

8 OffshoreMarine 2Q Issue 2017 Greater synergy

To further streamline operations, responsible for the integration As part of the reorganisation, optimise capacity and harness and execution of common key Mr Yong Chee Min, Director (HSE), synergies, Keppel Offshore functions such as operations, Keppel O&M, will be concurrently & Marine (Keppel O&M) has engineering and commercial. appointed as Director (Risk & reorganised its operations into Compliance), Keppel O&M and two divisions: New Builds The team will enable the New Mr Lim Ah Cheng has been (Offshore, and Gas & Specialised Builds division to harness appointed as ED of Keppel Sea Vessels) and Conversions & operational efficiency and adapt to Scan & Green Scan. Repairs. market forces. INTEGRATION OF KEPPEL O&M This reorganisation sees the Mr Mohamed Sahlan, ED USA integration of key functions in the (Operations) of Keppel FELS, will be In a strategic move to achieve New Builds division, consisting redesignated as ED (Operations), a stronger optimisation of of Keppel FELS and Keppel New Builds, Keppel O&M. He will Keppel O&M’s operations in Singmarine, to create a centralised be assisted by Mr Edmund Lek, ED the US, Keppel AmFELS, Keppel unit which will better harness (Operations) of Keppel Singmarine, LeTourneau, Keppel O&M synergies across the Group to offer who will be redesignated as ED USA, Keppel Marine Agencies more comprehensive solutions for (Operations-China), New Builds, International, Bennett Offshore customers. Keppel O&M. and Keppel FloaTEC have been integrated under one unified Similarly, in the Conversions & Mr Tan Leong Peng will also be banner – Keppel O&M USA. Repairs division, Keppel Shipyard redesignated as ED (Engineering), will be able to draw on the Group’s New Builds, Keppel O&M, while With this integration, Mr Simon resources to undertake a wide Mr Jay Singham will be Lee Kim Foong, President of variety of projects. redesignated as ED (Commercial), Keppel AmFELS, was concurrently New Builds, Keppel O&M. appointed as President of Keppel This reorganisation equips O&M USA on 5 June 2017. Keppel O&M with the agility Dr Foo Kok Seng, ED of OTD, will to respond to challenges, seize be concurrently appointed as ED opportunities in rapidly-changing of GTD, and Mr Keith Teo, GM environments and strengthen its (Marketing), Keppel FELS, will presence in the market. concurrently be appointed as Director (Special Projects), Under the New Builds division, Keppel O&M. Mr Chris Ong, CEO of Keppel O&M, will concurrently assume the The Conversions & Repairs division appointment of MD (Offshore), will be led by Mr Chor How Jat, Keppel O&M, while Mr Abu MD of Keppel Shipyard, who Bakar, MD of Keppel Singmarine, will concurrently assume the will assume the concurrent appointment of MD (Conversions appointment of MD (Gas & & Repairs), Keppel O&M. Specialised Vessels), Keppel O&M. Mr S. Jayakumar will be redesignated as ED (Projects A leadership team formed within Management, Gas), Keppel the New Builds division will be Shipyard.

OffshoreMarine 2Q Issue 2017 9 Building the world’s first EU Stage V dredger

our expertise as we continue to seek opportunities where we can leverage our capabilities to provide value-added solutions.”

When completed, the two TSHDs will be able to dredge to a maximum depth of 35m and have a hopper capacity of 6,000m3.

The three TSHDs currently being built by Keppel Singmarine will be able to dredge to a maximum depth of 27.6m, and have a hopper capacity of 3,500m3.

With the new contracts to build two TSHDs secured, Keppel Singmarine is set to deliver a total of Mr Robby De Backer, Director of up to five dredgers for Jan De Nul Group from 2H 2018 onwards Newbuilding Department of Jan De Nul Group, said, “We have Keppel Singmarine will be the first to dredge to a maximum depth of chosen Keppel Singmarine again shipyard in the world to build an 35m and have a hopper capacity of as they have proven to be reliable EU Stage V dredger in compliance 6,000m3. partners in the construction of with stricter international limits on the existing three dredgers. We emissions such as the International Keppel Singmarine is currently look forward to a long-term Maritime Organisation’s (IMO) Tier building three dredgers for Jan De partnership as we expand our fleet III and European Union (EU) Stage Nul Group, based on contracts that of dredgers to meet the needs of a V regulations. were secured in July 2016. wide variety of dredging activities worldwide.” On 23 May 2017, Keppel Mr Abu Bakar, MD of Keppel Singmarine announced that it had Singmarine, said, “We are secured contracts from Codralux pleased to build two more high S.A., a wholly-owned subsidiary performance dredgers of higher of Jan De Nul Group, to build two specification for Jan De Nul. Trailing Suction Hopper Dredgers Keppel O&M has also previously (TSHDs). undertaken various other projects for Jan De Nul such as shiprepair, The first of the two dredgers in and this reaffirms our position as the new order is expected to be their preferred partner.” completed in 2H 2019. Construction of the second dredger will require “Constructing the world’s first Codralux S.A to exercise the option EU Stage V dredgers will extend within a six month window. When our track record in the non-oil completed, both TSHDs will be able and gas segment, and broaden

10 OffshoreMarine 2Q Issue 2017 Steady stream of repairs and conversions

With a proven track record of completion in 3Q 2017, the FPSO carrier managed by EXMAR quality execution, Keppel Shipyard will be deployed to the Ophir Field Management. Work on the vessel continues to be the preferred in offshore Peninsular Malaysia. has commenced and is expected to shipyard by new and returning be completed in customers in the industry in spite The third contract secured by 1Q 2018. of headwinds. It announced on Keppel Shipyard is from Royal 28 June 2017 the securing of four Boskalis Westminster N.V. Mr Chor How Jat, MD (Conversions contracts for the conversion, repair (Boskalis) for the conversion and Repair), Keppel Offshore & and modification of vessels. of a semisubmersible heavy Marine and MD, Keppel Shipyard, lift vessel, Finesse, into a crane said, “Even in the current The first contract from Dixstone vessel. After the upgrade, challenging market conditions, Holdings Ltd involves the Finesse will be equipped with we continue to receive a regular conversion of the M/T Tempera a 3,000 tonne crane, dynamic stream of conversion, repair and into a Floating Production Storage positioning capabilities, as well modification work from both new and Offloading (FPSO). Keppel as accommodation for up to 150 and long-standing clients. There Shipyard’s job scope includes the people. The vessel, which is already remain opportunities in a variety installation of topside process skids berthed at Keppel Shipyard, will of segments in the offshore and as well as a new accommodation also be capable of transporting marine market and we are proud module, amongst others. Work is and installing offshore wind to be the industry’s preferred expected to commence in 3Q 2017 turbine foundations upon shipyard. These four contracts bear and upon its expected delivery in completion in 3Q 2017. testament to our strong expertise 3Q 2018, the FPSO will be deployed in the conversion, upgrading and to the Yombo field operated by Rounding off a successful streak, repair works for FPSO vessels, Perenco off the Republic of Congo, the fourth contract scope includes LNG tankers, as well as heavy lift Africa. It will replace the FPSO major refurbishment for LNG vessels.” Conkouati which has served in (Liquefied Natural Gas) Lerici, a gas the field for more than 25 years and was also converted by Keppel Shipyard in 1991.

Extending its expertise in FPSO conversion, the second contract will see Keppel Shipyard carry out repair work for the life extension and conversion of an oil tanker into an FPSO, MTC Ledang, for new customer, MTC Engineering Sdn Bhd. Work by the shipyard will include the fabrication of a flare tower and foundation; the lifting and integration of the crude stabilisation unit, as well as other refurbishment works. Upon its Keppel Shipyard won four contracts for the conversion, repair and modification of vessels

OffshoreMarine 2Q Issue 2017 11 State of the art drilling rig delivered in Azerbaijan

Keppel Offshore & Marine (Keppel customised for the Caspian Sea’s delivering customised value-added O&M) through its subsidiary in harsh environment condition. solutions to Azerbaijan. The DSSTM Azerbaijan, Caspian Shipyard 38M design is a technologically Company (CSC) has delivered President Ilham Aliyev said advanced rig equipped with the a semisubmersible drilling rig at the ceremony, “We are latest safety and environmental to Caspian Drilling Company, celebrating launching of the new features to operate efficiently in a subsidiary of the State Oil semisubmersible drilling rig. This the Caspian Sea. We are proud that Company of Azerbaijan Republic is a momentous event for the Keppel-designed rigs are a proven (SOCAR). It is the first modern Azerbaijan oil industry because and preferred solution around the semisubmersible to be almost until now such a giant drilling rig world. completely built in Azerbaijan. has not been built in Azerbaijan. This is another successful project “To meet the requirements of our The rig was named Heydar Aliyev with cooperation of the foreign customer, we were able to by the President of Azerbaijan, partners.” construct this rig almost completely Mr Ilham Aliyev at a ceremony in in-country, a first for land- Azerbaijan on 18 May 2017. Mr Chris Ong, then-Acting locked Azerbaijan, by leveraging CEO of Keppel O&M said, “The the synergies of Keppel O&M’s Built to Keppel FELS’ proprietary completion of this project adds network of yards. With the DSSTM 38M design, the rig has been to Keppel’s strong track record of trust and partnership we have developed over the years, we look forward to supporting Azerbaijan in the long-term growth of their oil and gas industry.”

CSC undertook the fabrication, integration, testing and commissioning of the rig while its sister yard, Shipyard (a joint- venture yard between Keppel and SOCAR), fabricated the pontoons. In Singapore, besides providing the engineering, procurement and technical support, Keppel FELS also fabricated the columns and bracings which were shipped to Baku through the narrow Volga Don canal.

Equipped with well control piping, BOP handling and foundations rated for 20,000 PSI, the DSSTM 38M will be the first deepwater

The President of Azerbaijan, Ilham Aliyev (centre), on board the Heydar Aliyev with Mr Lau Kuat semisubmersible to have the Pin (second from left), CEO of CSC; Mr Farid Akhundov (third from left), General Director of CDC, capabilities to perform drilling in and Mr Rovnag Abdullayev (far right), President of SOCAR

12 OffshoreMarine 2Q Issue 2017 expanded areas of operation in the Jointly developed and owned by Maersk Explorer), the first jackup oil fields of Azerbaijan. Keppel’s Deepwater Technology rig (Transocean’s Trident 20 jackup Group and GustoMSC, the DSS™ rig) and the first ice-class Floating It is able to work at a drilling depth 38M design is an enhanced design Storage and Offloading (FSO) of up to 40,000ft and operations of the successful DSS™ 38 rigs that vessel built or integrated in 1000m water depth. Designed are operating in Brazil. in-country. These projects were to be fully moored, the rig will be done in collaboration with its able to stay in position via an 8 CSC is the most established yard sister yards in Singapore which point wire rope mooring system in the country and has a track fabricated modules that were which is capable of self-contained record of completing rigs for the then shipped through the narrow mooring up to the full range of the Caspian Sea, having delivered the Volga Don Canal for completion water depths of the Caspian Sea. first semisubmersible (the DSS™ 20 at CSC.

Borr Drilling takes over Transocean’s rigs

Borr Drilling has taken over Transocean’s contracts to build five KFELS Super B Class jackup rigs with Keppel FELS and will undertake the remaining payment installments to the yard. The completion of the deal was announced on 1 June 2017 after a Heads of Agreement was first revealed on 20 March 2017.

The price for each rig, which includes the milestone payments Keppel’s deal with Borr Drilling is a testament to the reliability of and strong demand for its KFELS already made by Transocean, is Super B Class rigs, even in challenging market conditions USD$216 million, compared to the original contract price of delivered in 2020. The deal is a 35,000 feet. With a two million USD$219 million. Borr Drilling has testament to the reliability of pound drilling system and a also made a down payment of and strong demand for Keppel’s maximum combined cantilever USD$275 million. proprietary KFELS Super B load of 3,700 kips, the KFELS Class rigs, even in the present Super B Class is equipped with Based on the finalised agreements, challenging market conditions. tremendous horsepower during the first three rigs will now be drilling operations. The rig is delivered in 1Q 2018, 2Q 2018 The KFELS Super B Class rigs are capable of drilling at a 75 feet and 2Q 2019 respectively, while designed to operate in 400 feet outreach, allowing for coverage of the remaining two rigs will be water depth and drill to a larger well pattern.

OffshoreMarine 2Q Issue 2017 13 Philippines’ first-of-its-kind LNGC repair Keppel Subic Shipyard expands expertise in LNGC repair market.

LNGC OB River at Keppel Subic Shipyard’s drydock, the first of its kind to undergo repairs at a yard in the Philippines

Keppel Subic Shipyard has carried supported by the ship’s inner overhead crane services to cater out the first ever membrane hull and neccesitates the delicate to the stringent requirements and containment Liquefied Natural handling of materials and delicate equipments for the repair Gas Carrier (LNGC) repairs in the equipment. and upgrading of the LNGC vessels. Philippines. The repairs were Dome houses and other equipment undertaken on two back-to-back The repair work scope of the were likewise fabricated and projects for Dynagas Ltd. vessels include servicing of the added to support the operations. main boiler as well as overhauling The vessels, OB River and Amur of the main turbine, steering gear The yard also leveraged the River, arrived in 31 May and and HD/LD (High Duty/Low Duty) technical expertise of Keppel 26 June 2017, and were delivered compressor system. In addition, Shipyard by sending its team to on 15 June and 11 July 2017 cargo pumps and spray pumps the Singapore yard for training on respectively. were taken out from the cargo cargo tank work scopes. The LNG tanks and the cargo valves from team from Keppel Shipyard also Equipped with the GTT Mark III the deck were transported to the provided technical support and containment system, the fully clean room for overhauling and advice on the specialised works. winterised and ice classed vessels testing while working closely with require certified specialists the specialist maker. Mr Leong Kok Weng, President to undertake the repairs. The of Keppel Philippines Marine, corrugated membrane system is Keppel Subic Shipyard invested in a Inc., said, “With the successful a cryogenic liner that is directly clean room facility, complete with repair and on-time delivery of

14 OffshoreMarine 2Q Issue 2017 the LNGCs with zero lost-time incidents, Keppel Subic Shipyard has demonstrated its capability to undertake sophisticated repair work on highly specialised vessels for the midstream sector of the gas industry.”

“We thank Dynagas for their trust and confidence in our shipyard as we venture into this niche shiprepair segment. Adding these projects to our track record has opened us up to more enquiries and we are well-equipped to meet the repair needs of LNGC ship owners,” added Mr P. Shanmugam, Senior Vice President of Keppel Subic Shipyard.

New facilities such as a clean room have been added for the handling of sensitive materials and equipment of LNGCs

Divestment of Keppel Verolme completed

Keppel Offshore & Marine (Keppel and rationalise its global network The total consideration was arrived O&M) has completed the sale of of yards in line with its business at on a willing buyer willing seller Keppel Verolme BV, situated in needs. Through its network of basis taking into account Keppel Rotterdam, the Netherlands, to yards in Singapore and globally, Verolme’s expected net asset Damen Shipyards Group (Damen) Keppel O&M has the capacity and value at the close of transaction for a total consideration of resources to continue servicing and the shipyard’s position in Euro 23.5m. its customers in Europe and the the Netherlands ship repair and North Sea region, as well as conversion market. The sale is part of Keppel O&M’s pursue opportunities in these efforts to optimise its operations markets.

OffshoreMarine 2Q Issue 2017 15 Preferred yard in the Gulf of Mexico

As the foremost shipyard in the valves and full blasting and WFD 300 Gulf of Mexico (GOM), Keppel painting of the hull. Another project secured by AmFELS in Brownsville, Texas Keppel AmFELS was the continued to deliver projects on Being familiar with the vessel, reactivation and repair of White time, within budget and safely in Keppel AmFELS is able to optimise Fleet Drilling’s WFD 300 jackup rig the last quarter, showcasing its its work on the project. The Q4000 which arrived in the yard on trademark strong project execution was serviced in the yard’s floating 7 May 2017. and efficient operations. The yard dock, one of the largest in the was also recognised for its safety region with a capacity 42,000 short Docked in Keppel AmFELS’ floating efforts. tonnes (ST). dry dock which has a rated lift capacity of over 41,000 ST, the Q4000 The Q4000 sailed off on 1 May repair work scope consisted of hull, In April 2017, Keppel AmFELS 2017 after the repairs and mat, leg and piping repairs along secured a contract from Helix upgrade works were successfully with blasting and painting of the Energy Solutions for the repair completed. bottom and side shells. of the Q4000 multi-purpose semisubmersible. It was the third Mr Richard Patton, Helix Energy Work on WFD 300 was expediently time the vessel has returned to its Solutions’ Project Manager said, completed in just two weeks and preferred shipyard in the GOM for “The Can Do! spirit shown by the rig departed Keppel AmFELS drydocking. all personnel involved, from ahead of schedule on 21 May. It engineers in the office to the crew was White Fleet Drilling’s first rig The work scope for the Q4000 in the field, enabled the smooth reactivation and the WFD 300 will comprised fabrication, inspection, execution of the project. Thanks be operated by Enterprise Offshore repair & testing of all sea chest for a job well done!” Drilling in the US GOM.

Strong cooperation between Keppel AmFELS and Helix Energy Solutions enabled the successful Keppel AmFELS delivered WFD 300 in just two re-delivery of semisubmersible Q4000 weeks, within budget, ahead of schedule and with a perfect safety record

16 OffshoreMarine 2Q Issue 2017 Keppel AmFELS employees were recognised for helping the yard achieve its fourth safety award from the American Equity Underwriters during Employee Appreciation Day on 8 May 2017

For achieving an excellent safety an established HSE program that once again win this award as it is a record of zero lost time incident is continuously improving to demonstration of the consistency throughout the project, Keppel ensure the safety of all employees, of our safety vigilance not just AmFELS received a safety award customers, contractors and on one project but over a period cheque of US$10,000 from White subcontractors. of 12 months. Some of the key Fleet Drilling on 26 June 2017. factors in Keppel AmFELS achieving This is the fourth time that Keppel this prestigious shipyard safety At the award ceremony, Mr Larry AmFELS has won a safety award award multiple times is due to Greenshield, Project Manager of from the AEU. Ms Adele Hapworth, the support from management, Enterprise Offshore Drilling said, Chief Operating Officer of AEU, the effectiveness of front-line “I would like to recognise the said, “AEU insures dozens of supervision and a dedication by extraordinary performance of the shipyards, and last year Keppel everyone to maintain an excellent Keppel AmFELS Production, Project AmFELS ranked number one in safety record.” Management, Engineering, Safety safety among the larger shipyards. and Quality teams in completing We truly believe that your success The award was given out at a the leg repair project to the WFD in safety is a team effort. Being luncheon during Keppel AmFELS’ Rig 300 with zero incidents, ahead safe is not just the job of the Employee Appreciation Day on of schedule and under budget.” safety staff; it takes everyone at 8 May 2017. Keppel AmFELS making a daily commitment taking extra steps in It was an apt recognition for the SAFETY AWARD AND EMPLOYEE order to stay safe.” hard work and dedication of RECOGNITION Keppel AmFELS’ employees. As Keppel AmFELS was recognised AEU challenged Keppel AmFELS part of the annual Appreciation with the 2016 American Equity to win the award again next year, Day, members of management Underwriters (AEU) Safety which would make Keppel AmFELS cooked and served beef fajitas, Award for Large Shipyard. The the only company ever to win this sausage, rice and beans to award is a validation of the safety award five times. production and administrative ongoing efforts at Keppel personnel to thank them for their AmFELS to provide a safe and Mr Simon Lee, President of Keppel service. healthy work environment with AmFELS added, “We are proud to

OffshoreMarine 2Q Issue 2017 17 CENTRESPREAD

Keppel Shipyard will soon deliver the world’s first converted Floating Liquefaction Vessel, Hilli Episeyo (pictured), to Golar LNG

Keppel to deliver world’s first converted FLNGV

Keppel Shipyard will soon deliver FLNGV conversion in partnership market, without compromising the world’s first converted Floating with Golar LNG within three safety and processing capabilities. Liquefaction Vessel (FLNGV) years and with a commendable With the experience gained from owned by Golar Hilli Corporation safety record. By combining our this first FLNGV conversion project, (Golar), a subsidiary of Golar LNG expertise from a variety of complex we are in a unique position to Ltd. The vessel was named Hilli offshore conversion projects provide customers with reliable Episeyo at a ceremony in Keppel and our capabilities in executing end-to-end solutions for the EPC Shipyard on 2 July 2017. Upon its LNG-related EPC (engineering, and commissioning of FLNGV as completion, the FLNGV will be put procurement, construction) well as FSRU (Floating Storage and into operation in offshore Kribi, projects, we are able to offer Regasification Unit) conversions.” Cameroon for Société Nationale innovative and reliable floating des Hydrocarbures and Perenco liquefaction solutions to meet the Hilli Episeyo was converted Cameroon SA. It will be the first growing midstream needs of the from a Moss LNG carrier with a FLNGV project in Africa. LNG industry. storage capacity of 125,000 m3. Sponsons were added on both Mr Chris Ong, CEO of Keppel “Compared to newbuilds, sides of the hull to house the O&M said, “We are proud to be converted FLNGVs are significantly topside equipment comprising able to deliver the world’s first more cost-effective and faster to of pre-treatment systems, four

18 OffshoreMarine 2Q Issue 2017 CENTRESPREAD

FAST FACTS ON THE CONVERSION OF HILLI EPISEYO • Length overall: 294m • Breadth: 62.6m • Storage capacity: 125,000m3 • 37,000 tons of new steel and equipment added • 206.3m long 10.5m wide sponsons added on each side • 8900 tonnes of added steel works including new sponsons, topside and mooring structures • 9000 tonnes of process equipment installed • 1800kms of cables pulled onboard which equates to going around Singapore more than nine times

Celebrating the naming of the world’s first converted FLNGV are: Mr Loh Chin Hua (far left), Chairman, Keppel O&M and CEO, Keppel Corporation; Mr Chris Ong (third from left), CEO, Keppel O&M; Mrs Sue Yeo (centre), Lady Sponsor and Mr Dan Rabun (third from right), Chairman, Golar LNG

PRICO® single mixed refrigerant “We are uniquely positioned to record includes converting the liquefaction trains, boil-off gas take on projects also in a low world’s first Floating Storage compression and offloading commodity price environment and Regasification Units (FSRU) as equipment. The project has determined to enable unlocking well as two dual-fuel diesel LNG achieved an impressive safety of reserves from remote, marginal harbour tugs currently being record of exceeding 18 million and stranded gas fields.” built based on its award-winning man-hours without any Lost Time proprietary design and two Incident to-date. Hilli Episeyo is Demand for natural gas is dual-fuel LNG carriers. also designed for a liquefaction expected to increase significantly capacity of about 2.4 million as the world pushes towards Through its Gas Technology tonnes of LNG per annum. cleaner energy.FLNGV solutions Development arm, Keppel O&M enable operators to overcome has developed a suite of solutions Mr Oscar Spieler, CEO of Golar the geographic, technical and to address the growing needs of LNG said, “Being at its final leg economic limitations of developing the LNG industry. These include towards completion, Hilli Episeyo natural gas resources located in FLNGVs that can work in represents a game changer in marginal fields while FSRUs help combination with Floating the LNG industry with its fast reach consumers in remote areas. Storage Units (FSU) to provide track, low cost project execution. cost-effective solutions for gas The development of this FLNGV Keppel O&M has accumulated export terminals and are faster to positions us as forerunners in a wealth of experience and market compared to land-based providing offshore liquefaction capabilities in LNG technology terminals. solutions to meet the growing dating back to its first LNG carrier demand for liquefied natural gas. repair in 1990. Its sterling track Continues on page 20...

OffshoreMarine 2Q Issue 2017 19 CENTRESPREAD

Continued from page 19.

Strategy in action

Following Hilli Episeyo’s naming This deep cryogenic experience, Just last year, Keppel added ceremony, Mr Loh Chin Hua, CEO coupled with a strong track record another important piece to of Keppel Corporation and Mr in oil and gas projects, has enabled its gas strategy through the Chris Ong, together with other Keppel to achieve many firsts winning of a joint licence with members of senior management, in the delivery of floating LNG Shell to supply LNG bunker to briefed close to 20 analysts on 3 solutions. vessels in the Port of Singapore. July 2017 on the Group’s strategy This has extended the Group’s to be the partner and enabler for Elaborating on Keppel’s end-to- presence in the gas value chain the gas industry. end capabilities, Mr Loh said, “Our from Upstream and Midstream strategy is not just about building to Downstream. Through the As one of the world’s leading or converting a vessel. It is about joint venture with Shell, Keppel experts in LNG vessel repair, stitching up the value chain from is pushing boundaries to meet Keppel has built up critical one end to the other. We are growing demand for LNG as knowledge for handling becoming a co-developer, working a marine fuel in coastal areas, materials at extremely low alongside partners like Golar LNG inland waterways and the temperatures below -160°C. who can operate these assets.” international maritime sector.

The ability to offer end-to-end solutions has also primed Keppel to meet rising demand for small-scale LNG in archipelagic markets across Southeast Asia, the Caribbean and the Mediterranean, places unserved by gas pipelines.

“Gas assets are floating infrastructure that can provide income streams for many years. Keppel’s ability to bring in co-investors may help get some of the LNG projects started,” Mr Loh added.

Keppel designs, develops and integrates solutions for seamless delivery of LNG across the gas value chain

20 OffshoreMarine 2Q Issue 2017 Preferred partner

Displaying its trademark strong project execution and efficient operations, Keppel Offshore & Marine’s yards continue to deliver projects on time, within budget and safely.

ATWOOD ORCA On 17 October 2016, Atwood Oceanic’s jackup rig, Atwood Orca, arrived in Keppel Shipyard for repair and refurbishments works. Leveraging the complementary strengths within its network of yards, Keppel Shipyard worked closely with Keppel FELS to ensure that the rig was re-delivered on time and with zero incidents on 20 April Keppel FELS and Keppel Shipyard worked closely together to ensure that Atwood Oceanic’s jackup 2017. rig, Atwood Orca (pictured), was re-delivered on time and with zero incidents

The job scope included a five-year Special Periodic Survey (SPS), leg anodes replacement, deep-well pump guide repairs and spudcan- chord connection upgrades, among other requirements.

ATWOOD CONDOR Following the successful re-delivery of Atwood Orca, longstanding client Atwood Oceanics commissioned Keppel FELS for the refurbishment of semisubmersible (semi), Atwood Condor, on 22 March 2017.

The yard’s work scope consists of life extension and refurbishment works, the installation of a Blowout Preventer and thruster, as well as hull cleaning. The semi will be chartered by Woodside Energy and deployed to the Greater Enfield Project located in Western Upon re-delivery, Atwood Condor (pictured) will be deployed to the Greater Enfield Project located in Western Austrlia Australia.

OffshoreMarine 2Q Issue 2017 21 Renewing friendships at OTC Houston

Industry leaders and experts the conference, including hosted its annual private cocktail gathered at the annual Offshore developments in the gas market, reception on 2 May 2017. Over 800 Technology Conference (OTC) in deepwater exploration, as well as customers, partners and associates Houston, Texas, from 1-4 May the role of big data in the oil and attended the reception where 2017 to discuss market prospects gas industry. they re-connected and discussed and explore opportunities for potential opportunities. collaboration. A wide range As part of the conference, Keppel of topics were covered during Offshore & Marine (Keppel O&M)

1 2

3 4

5 6

(L-R): 1. Mr Fabio Teixeira, Vice President (Strategy) of ENSCO; Mr Chris Ong, then-Acting CEO of Keppel O&M; Mr P. Carey Lowe, Executive Vice President and COO of ENSCO; Mr John S. Knowlton, Senior Vice President (Technical) of ENSCO; Mr Loh Chin Hua, CEO of Keppel Corporation and Chairman of Keppel O&M; Mr Jon Baksht, Senior Vice President and CFO of ENSCO; 2. Mr Jorge Anzaldua, COO of Grupo R; Mr Chris Ong; Mr Ramiro Garza Vargas, CEO of Grupo R; Mr Loh Chin Hua, CEO of Keppel Corporation and Chairman of Keppel O&M; Mr Patricio Garza, Director of Grupo R; 3. Cdr. Sunil Dhulekar, CEO of Arya Offshore; Mr Siddhartha Roy, President of Arya Offshore; Dr Lee Boon Yang, Chairman of Keppel Corporation; Mr Manav Kumar, President and Director of Dynamic Drilling; 4. Mr Chan Wai Keong, Assistant Commercial Manager, Keppel Singmarine; Mr Jonathan Kennefick, Senior Vice President, Project Execution & Delivery, McDermott Inc; Mr Chris Ong; Mr John MacPherson, Senior Director QHSES, McDermott Inc; Mr Abu Bakar, MD (Gas & Specialised Vessels), Keppel O&M; 5. Mr Chor How Jat, MD (Conversions and Repair), Keppel O&M; Mr Eirik Barclay, CEO of Yinson Production; Mr Flemming Gronnegaard, COO of Yinson Production; 6. Mr Chris Ong; Mr Barry Smith, SVP of Technical Services, Atwood Oceanics; Mr Simon Lee, President of Keppel O&M USA

22 OffshoreMarine 2Q Issue 2017 7 8

7. Mr Nick Routledge, MD of Aibel Thailand; Mr Chor How Jat; Mr Leon Harland, CEO of Bumi Armada; Mr Chris Ong; Mr Tan Leong Peng, ED of Engineering, New Builds, Keppel O&M; 8. Mr Hatem Elgamiel, Projects Director of Noble Corporation; Mr Chris Ong

Nor-Shipping 2017

As part of its efforts to seek new business opportunities, Keppel Offshore & Marine (Keppel O&M) participated in the bi-annual Nor-Shipping exhibition held in Oslo, , from 30 May to 2 June 2016.

Keppel O&M featured its capabilities and extensive track record in conversion, fabrication and shiprepair, as well as its network of yards in countries such as Philippines and Qatar.

The highlight of the exhibition was Singapore Nite, a popular networking event which allows Dr Lam Pin Min (sixth from left), Senior Minister of State, Ministry of Transport and Ministry of guests to build business relations Health at the opening of the Singapore Pavilion at Nor-shipping 2017, together with Keppel O&M’s management, including Mr Michael Chia (fourth from left), MD (Marine), Keppel O&M, and while sampling Singapore Mr Chor How Jat (far left), MD (Conversions & Repairs), Keppel O&M delicacies. Held for the sixth consecutive time, Singapore Nite One of the leading global 900 exhibiting companies from underlines the strong industry ties maritime events, Nor-Shpping some 48 countries this year. between Singapore and Norway. attracted over 30,000 visitors and

OffshoreMarine 2Q Issue 2017 23 Steady progress

In the second quarter of 2017, semisubmersible (semi), Olinda Star sludge silos, replacement of piping BrasFELS received a new repair job arrived at BrasFELS for upgrade lines, as well as various structural and celebrated milestones for and repair works. This is the third reinforcements. two Floating Production Storage repair project to be carried out by and Offloading (FPSO) projects the shipyard for Queiroz Galvão. Capable of drilling at water depths for Petrobras. of up to 3,600 feet, the deepwater The work scope includes the semi will be deployed to support UPGRADE ON OLINDA STAR modification of the helideck and the Indian Oil and Natural Gas On 23 May 2017, Queiroz Galvão’s moonpool, installation of bulk and Corporation.

FIRST OIL FROM P-66 The first of the Replicante series of FPSO units, P-66, left BrasFELS on 4 February 2017. The unit achieved first oil on 17 May 2017 in the Lula Sul field, Santos Basin, Brazil, where Petrobras has partnered Shell and Galp Energia.

Maria Cristina Pinto, Deputy Project Director, BrasFELS said, “Working towards the delivery of this FPSO has been a challenging but rewarding journey. I am proud that P-66 has successfully achieved FPSO P-66 achieved first oil on 17 May 2017 in the Lula Sul field, Santos Basin, Brazil her first oil milestone and this would not have been possible with the strong teamwork between BrasFELS and all parties.”

P-69 COMPLETES LIFTING CAMPAIGNS Over the quarter, the final lifting campaign for the FPSO P-69 project was also completed with integration works progressing well. P-69 is the second Replicante unit to be undertaken for Petrobras at BrasFELS.

The P-69 has a production capacity of 150,000 barrels of oil per day and six million cubic meters of gas per day. It also has storage capacity of 1.6 million barrels of oil. The FPSO Semisubmersible Olinda Star is the third repair project to be carried out by BrasFELS for Queiroz Galvão unit is scheduled for delivery in 2018.

24 OffshoreMarine 2Q Issue 2017 Strengthening union ties

As part of its regular engagements In her Facebook post on the same Offshore and Marine Engineering. with key stakeholders, Keppel day of the visit, Mdm Halimah I feel assured that the union and Offshore & Marine (Keppel O&M) said, “Always a delight to catch up management are working together hosted Mdm Halimah Yacob, with brothers and sisters of Keppel to navigate these challenging then-Speaker of Parliament, to a FELS Employees’ Union. To me, times, and remain hopeful that dialogue session in the yard on Keppel is an iconic brand that puts together, team Keppel will emerge 23 May 2017. Singapore on the world map for stronger.”

During the visit, leaders and members from the Keppel FELS Employees Union (KFEU) engaged in a lively dialogue with Mdm Halimah where they covered a range of different topics focusing on employees’ well-being. Keppel’s management led by Mr Loh Chin Hua, CEO of Keppel Corporation and Chairman of Keppel O&M, as well as Mr Chris Ong, CEO of Keppel O&M, also hosted Mdm Halimah to a lunch with the rest of the union members. Madam Halimah (left in white), then-Speaker of Parliament, interacted with Keppel O&M employees to find out more about their well-being

Safety Initiative Award

For its extensive outreach and This message was promoted engagement with various through various platforms such stakeholders during its annual as poster design competitions, Health Safety & Environment (HSE) games, as well as a song which Excellence Promotion Campaign, was composed by Keppel FELS Keppel FELS won the Safety employees. Initiative Award at the Seatrade Maritime Awards held on 23 June The campaign garnered strong 2017. participation from workers and created a multiplier effect in Themed “Intervene! Don’t driving a safer workplace by look away”, the HSE excellence encouraging intervention in unsafe promotion campaign launched situations. Workers were more in July 2016 aimed to equip the motivated to take ownership of Mohamed Sahlan, ED (Operations), New Builds, Keppel O&M, received the Safety Initiative workforce with the knowledge and not only personal safety, but also Award for Keppel FELS’ “Intervene! Don’t look away” campaign which encouraged workers to ability to intervene whenever an the safety of others at work. intervene in unsafe situations unsafe act was committed.

OffshoreMarine 2Q Issue 2017 25 WSH outreach

in WSH. The event also featured various outreach platforms, such as short videos, print collaterals, exhibits, and online e-learning modules for children and adults.

The campaign message, “Prevent all injuries. Go home safe and healthy”, highlighted the importance of taking preventive measures since injuries at work not only affect workers, but also the people around them. The launch of the National WSH Campaign 2017 was graced by Mr Chan Chun Sing (centre in red), Minister in Prime Minister’s Office and Secretary General, NTUC, and attended by management from Keppel O&M Organised by the WSH Council, National Trades Union Congress As part of ongoing efforts in safety Coupler Repair Workbench, which (NTUC) and Singapore National excellence, Keppel Offshore & bagged the WSH Innovation Award Employers Federation (SNEF), the Marine (Keppel O&M) participated in the 2015 WSH Awards. annual National WSH Campaign in the 2017 National Workplace sets the stage for the WSH Safety and Health (WSH) Campaign This year’s WSH Campaign took Council’s year-long outreach launched on 22 April 2017 and the form of a family carnival to efforts to promote safety and showcased projects such as the encourage families to be involved health in workplaces.

Helming Keppel O&M Alumni

Mr Hoe Eng Hock, former MD of Mr Hoe retired in April 2016 Keppel Singmarine, has assumed after 41 years of service with the role of Chairman of the Keppel O&M. His career began Keppel Offshore & Marine with Keppel in 1975 as a Ship (Keppel O&M) Alumni from 1 June Repair Management Trainee. He 2017. Mr Hoe succeeds Mr Tong subsequently rose through the Chong Heong, former CEO of ranks and played a key role in the Keppel O&M. company’s global expansion into other countries such as Azerbaijan, In his first letter to alumni Brazil, China and Philippines. members, Mr Hoe, who is also the former President of Keppelite Thereafter, Mr Hoe took on senior Recreation Club, shared that he management positions in Keppel would do his best “to continue Shipyard and Keppel Singmarine. the good work achieved in the He retired as MD (Special Projects, Mr Hoe Eng Hock Alumni”. Marine) of Keppel O&M in April 2016.

26 OffshoreMarine 2Q Issue 2017 TECHNOLOGY & INNOVATION

Tightening up on safety

During its annual safety review, hold the bolt in position, while the Keppel FELS, set out to develop a Keppel FELS uncovered a trend second worker tightened the nut safe and efficient way to tighten of incidents relating to finger on the other end using a spanner. bolts and nuts. injuries. After a more thorough As such, there were several pinch investigation, the Health, Safety & points which could potentially After a vigorous process involving Environment (HSE) team discovered result in finger injuries. Pinch several rounds of product design that finger injuries were usually points are points in between and testing, Team Shark successful sustained during the tightening moving or stationary parts of a developed the ‘Handy bolt and nut and dismantling of pipe spools, machine where a person’s body tightener’. valves or flanges. part may get caught, thereby leading to an injury. The team’s invention consists Traditionally, two workers are of a spring lock mechanism and involved in the installation of pipe Motivated to eliminate the risk neodymium alloy magnets to spools, which are prefabricated of finger injuries among fellow firmly secure the bolt and nut in components of a piping system. Keppelites, Team Shark from the place. The spring lock can also be The first worker would need to Production Piping department at adjusted to fit different sizes of bolts and nuts. This reduces the possibility of injury, especially in constrained spaces onboard rigs and vessels.

The safety innovation was a hit in the trials conducted by the team – not only did the innovation prevent fingers from being caught in between the spanner and pipe during the tightening of the nut, it also improved productivity.

Further analysis revealed that use of the ‘Handy bolt and nut tightener’ can save over 200 man- hours during the construction of a B-Class jackup rig. Keppel FELS has since revised its standard operating procedures and trained its workers to use the improved tightener.

The ‘Handy bolt and nut tightener’ recently won the Workplace Safety and Health (WSH) 2017 Innovation Award and has been well received by different stakeholders including rig owners, class societies and contractors. The newly developed tightener, which consists of a spring lock mechanism, reduces the risk of finger injury in constrained spaces especially onboard rigs and vessels

OffshoreMarine 2Q Issue 2017 27 Knowledge sharing

Keppel Offshore & Marine National University of Singapore Technology Centre (KOMtech), (NUS) Advanced Robotics Centre through its collaboration with Faculty of Engineering, Singapore- Singapore Centre for 3D Printing MIT Alliance for Research (SC3DP), organised a lunch talk on and Technology (SMART) and 7 June 2017 featuring Professor KOMtech, Keppelites also attended Chua Chee Kai, Executive Director various talks on robotics. of SC3DP. Mr Ioannis Rekleitis, Assistant Speaking to a crowd of over 60 Professor of the Computer Science participants, Prof Chua shared and Engineering Department

Mr Aziz Merchant, ED of KOMtech, presenting SC3DP’s vision and strategy, at University of South Carolina, a token of appreciation to Professor Chua highlighting key research pillars spoke about increasing autonomy Chee Kai, Executive Director of SC3DP, for his sharing on 3D printing and capabilities. With exciting of robotic systems in challenging possibilities in industries such as environments, while Mr Gregory Keppelites from across Keppel manufacturing, aerospace, and Dudek, Professor with the School Offshore & Marine (Keppel offshore and marine, Prof Chua of Computer Science at McGill O&M) participated in knowledge urged the audience to ride on the University, shared ways to exploit sharing sessions on future forward 3D printing wave. machine learning to refine the technologies such as 3D printing performance of amphibious and robotics. As part of the partnership between vehicles.

Engaging students

Keppel Offshore & Marine’s marine industry. The students got to see close-up floating shipyard in Brazil, BrasFELS, were also brought on a tour production storage and offloading regularly engages a wide range around the shipyard where they (FPSO) units and drilling rigs. of external stakeholders to share industry knowledge, glean new insights as well as to continually build relations.

On 13 April 2017, BrasFELS received 45 students taking up Naval and Oceanic Engineering at the Federal University of Rio de Janeiro (UFRJ).

During the visit, BrasFELS shared its history, track record and projects, 45 students from the Federal University of Rio de Janeiro had the opportunity to learn more about as well as Brazil’s offshore and BrasFELS’ operations during their yard visit on 13 April 2017

28 OffshoreMarine 2Q Issue 2017 Broadening expertise

After a successful first edition 38 Keppelites from Keppel O&M in 2016, the Keppel Offshore & enrolled into the eight-month Marine (Keppel O&M) Technology programme, which challenges and Engineering Development participants to solve real-life (KTED) programme commenced its business and engineering issues. second run on 17 April 2017. Held in three phases from April A collaboration with the Singapore to November 2017, the KTED University of Technology and programme covers not only Design, the KTED programme is technology and engineering designed to deepen participants’ related topics like Design Thinking The opening ceremony was attended by management from the Singapore University knowledge by providing learning and Disruptive Innovation, but also of Technology and Design (SUTD) and Keppel Offshore & Marine (Keppel O&M), including opportunities with industry industry-specific topics such as Gas Professor Chong Tow Chong (sixth from right leaders, researchers and academics Technology and Arctic Offshore in first row), Provost of SUTD, Mr Chris Ong (fifth from right in first row), then-Acting CEO from renowned institutions such as Engineering. of Keppel O&M, and Mr Paul Tan (fifth from left in first row), CFO of Keppel O&M Massachusetts Institute of Technology (MIT) and National University of Singapore (NUS).

Distinguished partner award

In recognition of its strong partnership with the Institute of Technical Education (ITE) throughout the years, Keppel Offshore & Marine (Keppel O&M) was awarded the ITE 25th Anniversary Distinguished Partner Award at the anniversary celebration held on 26 May 2017.

The award acknowledges the Representing Keppel O&M, then-Acting CEO, Mr Chris Ong (centre), receives the ITE 25th efforts of Keppel O&M in Anniversary Distinguished Partner Award from Mr Tharman Shanmugaratnam (second from left), developing technical capabilities Deputy Prime Minister & Coordinating Minister for Economic & Social Policies as well as enhancing learning and development opportunities for ITE Marine Engineering. ITE also collaborates with ITE to offer the staff and students. works closely with Keppel O&M Assistant Technical Associate and to develop and review course Technical Associate schemes, two- Keppel O&M provides traineeship curriculum to ensure that these year work-and-study programmes and internship places to ITE courses remain relevant. which include classroom learning students in courses such as Marine and on-the-job training. and Offshore Technology, and In addition, Keppel O&M

OffshoreMarine 2Q Issue 2017 29 Trading ideas Through engagements, as well as workshops and lectures, BrasFELS’ employees deepen industry knowledge and improve collaboration with one another.

ENGAGING OVER COFFEE The workshop was attended DEEPENING INDUSTRY On 19 April and 6 June 2017, by a workshop covering risk KNOWLEDGE BrasFELS’ Human Resource management on 28 April 2017. Seeking to deepen the knowledge Department organised “Coffee The workshop was attended by of employees in the offshore with the President” sessions where 30 existing Keppelites, as well as industry, the Alumni Programme employees had the opportunity alumni members. organised a lecture, titled to engage in an open dialogue “Engineering approaches in the with Mr Marlin Khiew, President of In his opening address, naval industry” on 9 June 2017. BrasFELS. Mr Samuel Wong, CFO of BrasFELS, highlighted Keppel’s Conducted by BrasFELS’ employees During the session, Keppelites also commitment to innovate while as well as PhD students from the took the opportunity to share their being prudent. Other topics Ocean Engineering faculty at work experiences and exchanged covered include the Keppel Group the Federal University of Rio de ideas to improve work processes. Risk Guidance that aims to adopt Janeiro, the session covered topics Mr Khiew encouraged Keppelites a balanced approach to risk ranging from hydrodynamic effects to continue to be guided by management, with a focus on of waves and currents on floating Group’s core values and operating four areas: Strategic Risk, structures to structural analysis of principles as they pursue higher Operational Risk, Compliance Risk offshore systems. standards of excellence in their and Financial Risk. jobs. Participants of the workshop also In an effort to give back to the contributed non-perishable food MANAGING RISK community, participants of the items to the ‘Irmãos de Coração’ Members of the BrasFELS’ Alumni workshop contributed items of (Brothers of Heart), which goes Programme also organised personal hygiene to the Child and towards the preparation of meals a workshop covering risk Youth Care Center in Angra dos for the homeless in in Angra dos management on 28 April 2017. Reis, Rio de Janeiro, Brazil. Reis, Rio de Janeiro, Brazil.

BrasFELS holds regular “Coffee with President” sessions where employees engage in an open dialogue with the shipyard’s President, Mr Marlin Khiew (centre in white)

30 OffshoreMarine 2Q Issue 2017 Cherished experiences

After completing Maersk Intrepid, materials in Baku. Importing would take road trips to venture then the world’s largest ultra-harsh materials in was equally out of Baku. environment jackup rig back in challenging due to Azerbaijan’s March 2014, Firdaus Rahim was strict customs clearance. The “Our trip to Sheki, a city 300km offered a role in Caspian Shipyard project team had to be nimble from Baku, was particularly (CSC) located in Baku, Azerbaijan. and agile enough to adapt the unforgettable. It was our first construction schedule based on winter experience and we did not Despite having little knowledge the availability of materials, while expect heavy snow throughout of the Azerbaijani culture, Firdaus ensuring that the project would be the journey. What would have took the plunge and convinced delivered safely and timely.” taken four hours on normal road his family to join him in a whole conditions took us seven hours new world of sights, sounds and Firdaus, together with his project instead. On hindsight, we were experiences. members, achieved that and more, very lucky to arrive safely and it with the recent delivery of Heydar was a fun experience nonetheless.” The then-Construction Manager Aliyev, the latest sixth generation at Keppel FELS was determined DSS 38M semisubmersible drilling When asked for his advice to to take on the challenge. Firdaus rig, to Caspian Drilling Company Keppelites who intend to embark shared, “It was a tough choice but (CDC), a subsidiary of State Oil on an overseas stint, Firdaus I decided to take up the job offer Company of Azerbaijan Republic quipped, “Take up the challenge as the experience gained would be (SOCAR). as the experience will truly be priceless and I did not want to miss yours to gain. The inertia to take this opportunity.” Outside of work, Firdaus enjoys the next step will always be there exploring the Azerbaijani streets but just go for it. I did, and I never “Even though the Azerbaijani with his family. To escape the looked back.” culture is vastly different from hustle and bustle of the city, they what we are familiar with in Singapore, we were determined to assimilate quickly so we stayed in an apartment within Baku (the capital and commercial hub of Azerbaijan) and made an effort to interact with the locals regularly.”

During his three-year secondment, Firdaus took charge of both the construction methodology as well as site execution of ongoing yard projects. As the Shipyard Manager overseeing construction, he was involved in all phases of the project from supply chain management to subcontracting.

“The biggest obstacle I had to overcome was the difficulty in Firdaus and his family enjoying a road trip to the Besh Barmag Mountain located in the Siazan sourcing of available project district of Azerbaijan

OffshoreMarine 2Q Issue 2017 31 Guardians of the Earth

To raise awareness for nature conservation, the Keppel FELS CSR committee organised a day excursion to Gardens by the Bay for children with special needs from MCYC Community Services Society on 1st June 2017.

Affectionately named Guardians of the Earth, the event saw volunteers from various departments of After a successful event at Gardens by the Bay, Keppel FELS hopes to continue the ongoing Keppel FELS interacting with collaboration with MCYC Community Services Society over 70 children who learnt how Singapore can play an active Executive, said, “The Keppel MCYC Community Services Society role in the conservation of the team displayed excellent skills is a voluntary welfare organisation environment. in interacting with the children, which helps children and youths- and were friendly, patient and at-risk with educational, social, The event was the first encouraging. We would like to emotional and moral development. collaboration between Keppel express our appreciation to Keppel, FELS’ CSR committee and MCYC. whose support and generosity Ms Yap Lin Yi, MCYC Programme made this event possible.”

Giving Blood

In partnership with the Philippine “It is our duty to help others. Red Cross, Keppel Volunteers in Giving blood is one of those small the Philippines organised a blood and simple acts of kindness that donation campaign at Keppel has a profound impacts on the lives Batangas Shipyard and Keppel of others,” said Mr P. Shanmugam, Subic Shipyard on 14 June 2017, SVP of Keppel Subic Shipyard, as he which coincides with World Blood donated blood together with other Donor Day. Keppelites.

The World Health Organization The successful blood donation (WHO) celebrates World Blood campaign collected different blood Donor Day every year since 2004 types amounting to a total of to raise awareness on the need for 69.3 litres from 154 donors from ready supply of safe blood in times Keppel Volunteers Philippines. A total of 154 donors participated in the blood donation campaign at Keppel Batangas of disaster. The slogan for this Shipyard and Keppel Subic Shipyard year’s campaign is “What can you do? Give Blood, Give Now, Give Often”.

32 OffshoreMarine 2Q Issue 2017 Community workshop

A classroom workshop in Besides receiving training community through donations Brownsville, Texas that will conducted by Youthbuild such as the one provided to enable young adults to receive instructors, the beneficiaries will YouthBuild for the Keppel AmFELS construction training was opened also have opportunities for job Construction Workshop.” on 26 April 2017 by YouthBuild, placements in companies like an initiative of the Community Keppel AmFELS. Keppel AmFELS donated US$12,000 Development Corporation of in 2015 for the construction of the Brownsville (CDCB). It was named At the opening ceremony , Melissa workshop as well as the cement the Keppel AmFELS Construction A. Landin, Public Relations and pavement outside for students Workshop in recognition of the Marketing Coordinator for CDCB, to work on construction projects. contributions by the yard to the said, “We are grateful to Keppel As a continuous supporter of the workshop. AmFELS for supporting the local community, Keppel AmFELS actively looks for ways to help improve the lives of families and children of Brownsville.

“We have the same vision as YouthBuild Brownsville, which is investing in our community, especially investing in our youth, because we see it as an opportunity to grow the talent pool for the industry”, Production Department Yard Manager Nino The opening of the Keppel AmFELS construction workshop provides opportunities for young adults to be trained in construction Salinas said.

Green lighting garners savings

The introduction of the first phase a single entity by BPUB. The rebate Issue 1, Strategy 2 that states of Keppel AmFELS’ LED lighting was announced on 25 April 2017 environmental stewardship retrofit across its offices, and is part of BPUB’s Green Living enables the community to conserve customer offices and workshops Programme geared to incentivise resources. This reduction will help has helped the company reduce their electric customers for their reduce BPUB’s peak demand and their annual consumption by energy efficiency and water help reduce strain on the grid.” 75 percent, from 1,782,797 million conservation efforts. to 406,990 kilowatts. The second phase of Keppel Ms Alejandro Cepeda, BPUB’s AmFELS’ lighting retrofit will For its efforts, the yard received Energy Efficiency and Conservation include the yard, customer a US$50,000 rebate by the Coordinator said, “The recognition warehouses, engineering, Brownsville Public Utilities Board to Keppel AmFELS aligns with production, commercial and (BPUB), the largest rebate given to BPUB’s 2018 Strategic Plan finance buildings.

OffshoreMarine 2Q Issue 2017 33 Celebrating friendship

Spreading the festive cheer, Jurong branch of Thye Hua Kwan volunteers from Keppel Offshore volunteers from Keppel FELS Moral Charities. & Marine (Keppel O&M), including organised a Hari Raya celebration Mr Chris Ong, CEO of Keppel at the Keppel Leadership Institute Held on 6 July 2017, the event O&M, and Mr Chor How Jat, MD for over 60 elderly from the Taman was hosted by management and (Conversions & Repair) of Keppel O&M and MD, Keppel Shipyard.

The celebrations kicked-off with a ketupat making session. Many of the elderly expertly weaved the ribbons, with some even guiding the younger volunteers. Through the hands-on activities, traditions were handed down from the elderly to the younger volunteers and new friendships were forged in the process.

The happy occasion wrapped up with a Best Dressed competition. Spirits were high as the audience cheered on the sporting contestants who gamely showed Seniors from Thye Hua Kwan enjoying the ketupat making session with Keppel Volunteers and management, including Mr Chris Ong (centre), CEO of Keppel O&M, and Mr Chor How Jat (second off their colourful ethnic costumes from right), MD (Conversions & Repairs) of Keppel O&M and MD, Keppel Shipyard as they walked down the runway.

Kenny Tan, Assistant Business Development Manager, Keppel FELS, said, “I am thankful for the opportunity to spend the afternoon making ketupat with the elderly and hearing their life stories. It was my first volunteer experience with Keppel Volunteers, and I am looking forward to the next event.”

A volunteer from Keppel FELS accompanying contestants of the Best Dressed competition as they walked down the runway

34 OffshoreMarine 2Q Issue 2017 GLOBAL NETWORK

SINGAPORE ASIAN LIFT PTE LTD THE NETHERLANDS KEPPEL OFFSHORE & MARINE LTD 23 Gul Road, Singapore 629356 KV ENTERPRISES B.V. (Head Office) Tel: +65 6668 4222 Fax: +65 6668 4333 World Trade Center 50 Gul Road, Singapore 629351 Email: [email protected] Beursplein 37, 3011 AA Rotterdam Contact Person: John Chua, General Manager P.O. Box 30223, 3001 DE Rotterdam Tel: +65 6863 7200 Fax: +65 6261 7719 The Netherlands www.keppelom.com KEPPEL SMIT TOWAGE PTE LTD Tel: +31 181 234364 23 Gul Road, Singapore 629356 Email: [email protected] KEPPEL FELS LTD Tel: +65 6668 4222 Fax: +65 6897 8056 Contact Person: Elshan Gurbanov, Director (Pioneer Yard 1 – Head Office) Email: [email protected] 50 Gul Road, Singapore 629351 Contact Persons: Pieter Van Stein, Managing Director THE PHILIPPINES Jerry Wong, General Manager KEPPEL PHILIPPINES MARINE, INC (Pioneer Yard 2) Unit 3-B Country Space 1 Building, 133 Sen. Gil Puyat Avenue, 55 Gul Road, Singapore 629353 AUSTRALIA Salcedo Village, Barangay Bel-Air, 1200 Makati City, Philippines (Shipyard Road) KEPPEL PRINCE ENGINEERING PTY LTD Tel: +63 2 892 1816 Fax: +63 2 815 2581 Level 2 Riverside Quays, 1 Southbank Boulevard www.keppelphilippinesmarineinc.com 31 Shipyard Road, Singapore 628130 Southbank, Victoria 3006, Australia Email: [email protected] or [email protected] (Crescent Yard) Tel: +613 9982 4589, +614 1999 0788 Fax: +613 9551 0624 Contact Person: Chor How Jat, Chairman 60 Shipyard Crescent, Singapore 627735 Email: [email protected] Leong Kok Weng, President Contact Person: Charles Chiam, Director Stefan Tong Wai Mun, Executive Vice President Tel: +65 6863 7200 Fax: +65 6261 7719 AZERBAIJAN KEPPEL BATANGAS SHIPYARD www.keppelfels.com CASPIAN SHIPYARD COMPANY LLC Keppel Philippines Marine – Special Economic Zone Email: [email protected] South Bay, KMNF Basin, Baku AZ1023, Azerbaijan Barangay San Miguel, 4201 Bauan, Batangas, Philippines Contact Persons: Chris Ong Leng Yeow, Managing Director Tel: +994 12 449 9930 Fax: +994 12 449 9931 Tel: +63 43 727 1532 to 36 Fax: +63 43 980 0450 Keith Teo Tiong Gee, General Manager (Marketing) Email: [email protected] www.keppelphilippinesmarineinc.com or Yeong Yew Ming, Assistant General Manager (Business Contact Person: Lau Kuat Pin, CEO [email protected] Development, Offshore) Email: [email protected] BAKU SHIPYARD LLC Contact Persons: Wong Jen Ming, President KEPPEL SHIPYARD LTD Garadagh District, Salyan Highway 25th km Baku AZ 1083, Azerbaijan KEPPEL SUBIC SHIPYARD, INC (Tuas Yard – Head Office) Tel: +994 12 446 4944, +994 12 446 4945, Subic Shipyard – Special Economic Zone 51 Pioneer Sector 1, Singapore 628437 +994 12 446 4946 Fax: +994 12 446 4947 Cabangaan Point, Barangay Cawag, Tel: +65 6861 4141 Fax: +65 6861 7767 Email: [email protected] 2209 Subic, Zambales, Philippines (Benoi Yard) Contact Persons: Lam Khee Chong, General Manager Tel: +63 47 232 2380 or 6347 232 2710 15 Benoi Road, Singapore 629888 Elvin Huseynov, Marketing Manager Fax: +63 47 232 3350 Email: [email protected] or [email protected] Tel: +65 6861 6622 Fax: +65 6861 4393 BRAZIL Contact Persons: Stefan Tong Wai Mun, Acting President (Gul Yard) KEPPEL FELS BRASIL S.A. Leong Chee Wah, General Manager 55 Gul Road, Singapore 629353 Rua da Quitanda nº 86, Sala 301, 3º Andar, Tel: +65 6861 3007 Fax: +65 6862 3645/7 CEP - 20091 - 005, Rio de Janeiro, RJ, Brasil QATAR Tel: +55 21 2102 9400 Fax: +55 21 2102 9425 NAKILAT-KEPPEL OFFSHORE & MARINE LTD www.keppelshipyard.com Email: [email protected] Erhama Bin Jaber Al Jalahma Shipyard Email: [email protected] Contact Person: Kwok Kai Choong, President & CEO Southern Break Water, Ras Laffan Industrial City (RLIC) Contact Persons: Chor How Jat, Managing Director PO. Box 28388, Qatar Chin Sze Kiun, General Manager (Commercial – Repair) ESTALEIRO BRASFELS LTDA Tel: +974 4419 7300 Fax: +974 4419 7301 Av. Conde Mauricio de Nassau, www.nkom.com.qa Tey Wee Hong, Assistant General Manager S/n – Jacuecanga CEP – 23914 – 460 Angra dos Reis, RJ, Brasil Email: [email protected] (Commercial – Conversion) Tel: +55 24 3361 6000 Fax: +55 24 3361 6258 Contact Person: Konstantinos Antonopoulos, www.kfelsbrasil.com.br Senior Commercial Manager KEPPEL SINGMARINE PTE LTD Email: [email protected] (15 Benoi Road – Head Office) Contact Person: Marlin Khiew, President UNITED ARAB EMIRATES 15 Benoi Road, Singapore 629888 ARAB HEAVY INDUSTRIES PR.J.S.C Tel: +65 6861 6622 Fax: +65 6862 1792 KEPPEL SINGMARINE BRASIL LTDA P O Box 529, Ajman, UAE Rua Prefeito Manoel Evaldo Müller Tel: +971 6 526 3232 Fax: +971 6 526 3233 (5 Benoi Road) 3388 Bairro Volta Grande, Navegantes, www.ahi-uae.com 5 Benoi Road, Singapore 629879 Santa Catarina, Brasil, CEP 88371-860 Email: [email protected] Tel: +65 6861 6888 Fax: +65 6862 3491 Tel: +55 47 3405 0160 Fax: +55 47 3405 0170 Contact Person: Leong Siew Loon, Managing Director Email: [email protected] www.keppelsingmarine.com Contact Person: Loh Kee Huat, General Manager KEPPEL LETOURNEAU MIDDLE EAST FZE Email: [email protected] Office No: LB16504, Jebel Ali, Dubai, United Arab Emirates Contact Persons: Abu Bakar Bin Mohd Nor, Managing Director BULGARIA Tel: +971 4886 0010 Fax: +971 4886 0012 Poon Tai Lum, General Manager (Business Development, KEPPEL FELS BALTECH LTD Email: [email protected] Specialised Vessels) 54 Debar Street, Varna 9000, Bulgaria Contact Person: Mohsen Abdelalim, General Manager Tel: +359 52 684 250 Fax: +359 52 684 252 (Operations) KEPPEL LETOURNEAU SINGAPORE LTD Email: [email protected] Contact Person: Lyudmil Stoev, General Manager USA 50 Gul Road, Singapore 629351 KEPPEL OFFSHORE & MARINE USA, INC Tel: +65 6863 7367 Fax: +65 6862 3465 CHINA 5177 Richmond Ave, Suite 1065, Houston, TX 77056, USA Email: [email protected] KEPPEL NANTONG SHIPYARD CO. LTD Tel: +1 713 600 8380 Fax: +1 713 600 8384 www.keppelletourneau.com KEPPEL NANTONG HEAVY INDUSTRY CO. LTD Email: [email protected] Contact Person: Winston Cheng, Aftermarket Manager No. 9 Yan Jiang Road, Nantong City, Jiangsu Province Contact Person: Simon Lee, President P.R. China 226005 Email: [email protected] KEPPEL OFFSHORE & MARINE TECHNOLOGY CENTRE Tel: +86 513 8530 0000 Fax: +86 513 8530 0007 Contact Person: Cheung Tak On, Vice President (KOMTECH) PTE LTD Email: [email protected] (Technical Services) Contact Person: Edmund Lek, President 31 Shipyard Road, Singapore 628130 KEPPEL AMFELS, LLC Tel: +65 6591 5450 Fax: +65 6265 9513 KEPPEL FELS ENGINEERING SHENZHEN CO. LTD 20000 State Highway 48, Brownsville, Texas 78521, USA Email: [email protected] 3rd Floor, Chiwan Petroleum Building Tel: +1 956 831 8220 Fax: +1 956 831 6220 Contact Person: Aziz Merchant, Executive Director Chiwan Road No. 5, P.R. China 518068 Email: [email protected] Tel: +86 755 26851902/+86 755 26851959 Contact Person: Simon Lee, President OFFSHORE TECHNOLOGY DEVELOPMENT PTE LTD +65 6863 7215 (Singapore Contact) 55 Gul Road, Singapore 629353 Fax: +86 755 26851670 BENNETT OFFSHORE (BENNETT & ASSOCIATES, LLC) Tel: +65 6863 7409 Fax: +65 6862 3465 Email: [email protected] (Houston Office, HQ) Contact Person: Norman Chua, Engineering Manager 5177 Richmond Ave, Suite 1188, Houston, TX 77056, USA Email: [email protected] Tel: +1 713 961 7737 Fax: +1 713 961 0861 Contact Person: Dr Foo Kok Seng, Executive Director KEPPEL FELS ENGINEERING WUHAN CO. LTD www.bennettoffshore.com Blk 6 #05, Financial Harbor, No. 77 Optical Valley Ave Email: [email protected] DEEPWATER TECHNOLOGY GROUP PTE LTD Wuhan City Hubei Province, P.R. China 430070 Contact Person: Marc Wong, President 31 Shipyard Road, Singapore 628130 Tel: +86 27 59838598 / +65 6863 7215 Tel: +65 6863 7163 Fax: +65 6863 1739 Email: [email protected] KEPPEL MARINE AGENCIES INTERNATIONAL, LLC Email: [email protected] Contact Person: Reynard Xiao Peng, General Manager 5177 Richmond Ave, Suite 1065, Houston, TX 77056, USA Contact Person: Aziz Merchant, Executive Director Tel: +1 713 600 8371 Fax: +1 713 600 8374 INDIA Email: [email protected] KEPPEL OFFSHORE AND MARINE ENGINEERING SERVICES Contact Person: Michael Holcomb, President/Director MARINE TECHNOLOGY DEVELOPMENT PTE LTD MUMBAI PTE LTD Mobile: +1 713 816 0438 15 Benoi Road, Singapore 629888 Unit 3, 8th Floor, Prism Tower-A, Mindspace, Link Road Email: [email protected] Tel: +65 6861 6622 Fax: +65 6862 1792 Goregaon (West), Mumbai 400 062, India Contact Person: John C. Bajor, Marketing Manager Email: [email protected] Tel: +91 22 40018888 Fax: +91 22 40018898 Mobile: +1 713 922 3226 Contact Person: Aziz Merchant, Executive Director Email: [email protected] Email: [email protected] Contact Person: Syed Ahamed Kabeer, General Manager KEPPEL LETOURNEAU USA, INC. Contact Person: Anis Altaf Hussain, General Manager 5656 North Sam Houston, Parkway East Houston, Texas 77032 Indonesia Tel: +1 832 838 5879 Fax: +1 832 787 8800 PT BINTAN OFFSHORE Email: [email protected] GAS TECHNOLOGY DEVELOPMENT PTE LTD Jalan Nusantara KM 23, Kecamatan Bintan, Timur, 51 Pioneer Sector 1, Singapore 628437 Kabupaten Bintan, Kepulauan Riau, Indonesia KEPPEL FLOATEC, LLC Tel: +65 6558 7620 Fax: +65 6558 7621 Tel: +62 771 462 699 Fax: +62 771 462 575 5177 Richmond Ave, Suite 900, Houston, TX 77056, USA Email: [email protected] Email: [email protected] Tel: +1 713 600 8350 Fax: +1 713 600 8384 Contact Persons: Dr Foo Kok Seng, Executive Director Contact Person: Max Goh Han Bin, General Manager Email: [email protected] Email: [email protected] Contact Person: Tapan K. Das, President Andrea Gay Lee Bei Si, Assistant General Manager (Business JAPAN REGENCY STEEL JAPAN LTD VIETNAM Development, Gas) 46-59 Nakabaru, Tobata-ku, KEPPEL FELS LTD Kitakyushu, Fukuoka 804-8505, Japan PetroVietnam Towers, Suite 410 KEPPEL SEA SCAN PTE LTD Tel: +81 93 861 3103 Fax: +81 93 861 3114 8 Hoang Dieu Street, Ward 1, Vung Tau City, S.R. Vietnam 55 Gul Road, Level 5, Singapore 629253 Email: [email protected] Tel: +84 643 850098 Fax: +84 643 850089 Tel: +65 6803 1300 Contact Person: Wong Chun Yu, President Email: [email protected] Email: [email protected] Contact Person: Damien Ng, Country Manager Contact Person: Lim Ah Cheng, Executive Director

OffshoreMarine 2Q Issue 2017 35 Keppel strengthens LNG business with new contracts

adds to their versatility to not only transport but also provide LNG bunkering services if required.

There is a growing demand for small-scale LNG carriers especially for end users located in remote areas not served by pipelines.

Tighter regulation on emissions continues to encourage growth in small-scale LNG projects which are economical and quick to market.

As a specialised shipbuilder, Keppel Singmarine is at the forefront of developing vessels that can run on LNG. In October 2016, it secured Keppel Singmarine has been selected by long-standing customer Stolt-Nielsen to build their first two small-scale LNG carriers orders to build two dual-fuel (diesel/ LNG) harbour tugs based on its award-winning proprietary On 24 May 2017, Keppel them with our wide range of design. Singmarine announced that it had products and services. secured a contract to build two The 65-tonne bollard pull capacity Liquefied Natural Gas (LNG) carrier “This order extends our track tugs can run on both LNG and vessels for Stolt-Nielsen Gas, a record in providing solutions diesel fuel and was awarded the subsidiary of Stolt-Nielsen Limited. along the LNG value chain, which Outstanding Maritime R&D and includes two dual-fuel harbour Technology Award by MPA. The scope of the contract includes tugs that we are currently options for Keppel Singmarine to building. Thanks to our shipyard’s build an additional three similar capabilities and innovative LNG units for Stolt-Nielsen Gas, to be research and development, we exercised six, 12 and 18 months are able to meet our customer’s from the effective date of the needs.” contract. The LNG carriers are expected to Mr Abu Bakar, MD of Keppel be completed in 2Q and 3Q 2019 Singmarine, said, “We are pleased respectively. They will each have to be selected by Stolt-Nielsen Gas a capacity of 7,500m3 and will be to build their first two small-scale equipped with engines that can LNG carriers. Keppel yards have run on both diesel and LNG. repaired a number of vessels for Stolt Tankers previously and we are The carriers will have a class glad to be able to further support notation for bunkering which Printed on recycled paper Printed on recycled

36 OffshoreMarine 2Q Issue 2017