Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Madura EPC Limited (Armada Madura), a joint venture between Shapoorji Pallonji Group (Shapoorji Pallonji) and Bumi Armada Berhad (BAB).

The spread-moored FPSO unit was named Karapan Armada Sterling III during a naming ceremony held earlier this month at Keppel Shipyard.

The FPSO will be deployed to the Madura BD Field in Madura Strait East Java which is operated by Husky-CNOOC Madura Limited (HCML).

Mr Michael Chia, Managing Director (Marine & Technology) of Keppel O&M, said, 'Our strong partnership with long-time client Bumi Armada enabled us to execute this project safely and to the highest quality, with the project recording more than 3 million safe man-hours without Lost Time Incidents.

'This is the third conversion/upgrading project that we have undertaken for the Shapoorji Pallonji and Bumi Armada joint venture to-date and we are certain that Karapan Armada Sterling III will be as successful as their first two FPSOs, Armada Sterling and Armada Sterling II.'

Mr Leon Harland, Chief Executive Officer of Bumi Armada, said, 'Armada Sterling III FPSO, is a unique project as she is the world's first floating facility that has a large sulphur processing plant installed capable of producing molten sulphur. The FPSO is able to process approximately 25 tonnes of sulphur per day. It was a challenge to operate with such high sulphur levels and thanks to the capabilities and collaboration of the teams at BAB and all our partners and contractors, we have completed a fit-for-purpose solution for our client HCML.'

Keppel Shipyard's work scope for the Karapan Armada Sterling III FPSO includes refurbishment and life extension works, upgrading of living quarters to accommodate 80 personnel, fabrication and installation of mooring systems as well as, installation and integration of topside process modules.

Karapan Armada Sterling III is designed to process 110 mmscfd scales gas, 7,500 barrels oil condensate, and is equipped with sulphur handling facilities. It has a 12-point spread mooring arrangement and has a storage capacity of 370,000 barrels.

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About Keppel Shipyard

Keppel Shipyard is the trusted industry name for the repair, conversion and upgrading of a diverse range of vessels, and a global leader in the conversion of Floating Production Storage and Offloading (FPSO) vessels, Floating Storage and Offloading (FSO) vessels and Floating Storage and Re-gasification Units (FSRU), as well as the fabrication and installation of turrets and mooring systems, and topside process modules. Keppel Shipyard is currently undertaking the world's first-of-its-type Floating Liquefaction Facility conversion. More information is available on www.keppelom.com.

About Bumi Armada

Bumi Armada Berhad is a Malaysia-based international offshore energy facilities and services provider with a presence in over 17 countries spread across five continents, supported by over 1,600 people from over 30 nationalities.

Bumi Armada Berhad provides offshore services via three business units - Floating Production, Storage & Offloading ('FPSO') Operations, Floating Gas Solutions ('FGS') and Offshore Marine Services ('OMS'). The three business units are in turn supported by three support units, namely FPSO Sales, Major Projects and Technology & Development.

Bumi Armada is the fifth largest FPSO player in the world and an established OSV owner and operator across Asia, Africa and Latin America. For more information, please refer to www.bumiarmada.com.

For further information, please contact:

Media Relations

Jayne Yeo
Executive
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6296/ 9048 5022
Email: jayne.yeo@kepcorp.com

Investor Relations

Ivana Chua
Assistant General Manager
Group Corporate Communications
Keppel Corporation Limited
Tel: +65 6413 6436
Email: ivana.chua@kepcorp.com

Keppel Corporation Ltd. published this content on 24 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 October 2016 03:17:04 UTC.

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