Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
Norway,Singapore : Keppel Corp confirms LNG vessel deal with Golar
Publish Date : 06-Nov-2012
Singapore\'s Keppel Corp Ltd, the world\'s largest oil rig builder, said its unit agreed with Norway\'s Golar LNG Ltd to work on the conversion of up to three liquefied natural gas (LNG) vessels into floating LNG (FLNG) vessels.
The reporter reported the deal is worth an estimated US$600 million. Keppel did not give a value in its statement.
After completing a study, Keppel Shipyard will work with Golar LNG on the conversion and engineering of the first of the three FLNG vessels, the company said. There will be an option to convert the other two FLNG vessels at a later date.
