Keppel FELS Receives LOI from BP for Caspian Project

Keppel FELS has secured a Letter Of Contract Award involving the fabrication of the TPG 500 platform hull and living quarters from BP Exploration (Shah Deniz) Ltd.

The TPG 500 is a jackup production unit, specially designed to produce First Gas in the Shah Deniz field in Azerbaijan.

Details of the terms and work scope were not disclosed.