Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from Crystal Heights Holdings Limited (Crystal Heights), a company specialised in the offshore oil and gas market, to build a high specification liftboat worth US$85 million.
The liftboat is designed by Keppel O&M's liftboat design specialist, Bennett Offshore in collaboration with Keppel FELS. Scheduled for delivery in 4Q 2017, the liftboat will have provisions enabling it to operate in China, the Middle East and the Gulf of Mexico.
Liftboats are dedicated vessels used to support offshore platforms in construction, accommodation and well intervention as well as maintenance and installation.
Mr Wong Kok Seng, Managing Director of Keppel O&M (Offshore) and Keppel FELS, said, "This latest contract from Crystal Heights is the second liftboat based on Keppel's innovative proprietary solution that Keppel has been contracted to build within a year......