Keppel Shipyard may land $750m Norway deal
It's in talks with Golar LNG to convert carrier to production facility
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL Corp's wholly owned Keppel Shipyard is in talks with Norway's Golar LNG on a contract - worth an estimated $750 million to possibly more than $1 billion - for a landmark conversion of an LNG carrier into a floating liquified natural gas (FLNG) production facility.
In its 3Q13 results announcement on Wednesday, Golar said that the group had completed a front-end engineering and design (Feed) study with Keppel in August, and the study had confirmed the conversion of an existing LNG carrier into a Floating, Storage and Liquefaction vessel would take 30 months from financial commitment.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
