Singapore’s conglomerate Keppel Offshore & Marine (Keppel O&M) has won contract for the conversion of an LNG carrier into a floating storage and regasification unit (FSRU).

In addition, Keppel’s wholly-owned subsidiary Keppel Shipyard will work on the integration of floating production storage and offloading vessel (FPSO).

Keppel Shipyard signed a limited notice to proceed (LNTP) with a global provider of LNG shipping services to start early works for the conversion of an LNGC into an FSRU. This is the first out of two projects.

The scope of the LNTP includes engineering work starting in late 2021. Also, the full notice to proceed (FNTP) will take place at the beginning of 2022. This is when the project will reach the final investment decision.

 

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Keppel scores LNGC to FSRU conversion gig