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Sembcorp Marine units bag $174m offshore contracts

Sembcorp Marine units bag $174m offshore contracts
Sembcorp Marine’s subsidiaries have secured two offshore energy related contracts valued at a combined SGD222m ($174.3m).

Jurong Shipyard won an order from regular customer Modec Offshore Production Systems (Singapore) to complete the repair and life extension, and conversion of a VLCC into a FPSO as part of the TEN Development Project.

The conversion work, scheduled for completion in the fourth quarter of 2015, will have a capacity of production and treatment of 80,000 barrels per day of crude oil, in addition to capacity for produced water and gas.

Sembmarine SLP, 70% owned by Sembcorp Marine, has been awarded a contract by Siemens Transmission & Distribution to design and build the offshore substation platform for the Dudgeon Offshore Wind Farm.

SLP will be responsible for the design, engineering, procurement, project management and construction of the platform’s jacket substructure and topside.

“One of SLP’s main objectives has been to apply its long experience in designing and building offshore platforms for the oil and gas industry to the offshore wind business,” said Paul Thomson, managing director of SLP.