Keppel On Track to Complete FSO Conversion for M3nergy

Keppel Shipyard will be completing the conversion of the Floating, Storage and Offloading (FSO) vessel, Ratu Songkhla, for M3nergy JDA Sdn Bhd (M3nergy).

Speaking at its naming ceremony, Tong Chong Heong, CEO of Keppel Offshore & Marine, Keppel Shipyard's parent company said, "The excellent team work between M3nergy and Keppel Shipyard has enabled us to deliver FSO Ratu Songkhla within six months, and without any lost-time incidents.

"This is another significant milestone in Keppel Shipyard's strong track record of more than 80 FPSO and FSO conversions. As the industry's choice partner, we seek to further strengthen our competencies in conversion work, so as to provide even more value-added service to our customers."

Formerly a 1989-built Panamax tanker, the vessel arrived at Keppel Shipyard in February this year for her conversion. She was named by Datuk Shahrazi bin Sha'ari, Group Managing Director and Chief Executive Officer of M3nergy, on August 1, 2009 and is scheduled to depart the yard shortly.

Work on Ratu Songkhla included the installation of the metering skid as well as the fabrication and installation of an external turret mooring system, cargo offloading station and helideck. The hull and marine systems were also upgraded.

When delivered, Ratu Songkhla will have a storage capacity of 546,000 barrels of oil. It will be chartered to CPOC, a joint venture between Petronas Carigali and PTTEPI for operating in the Malaysia-Thailand Joint Development Area (JDA) Block B-17 off the east coast of Peninsular Malaysia.

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