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Keppel Offshore & Marine subsidiary, Keppel Shipyard, has received a Final Notice to Proceed (FNTP) from Gimi MS Corporation, a subsidiary of Golar LNG Limited

The FNTP is for commencing full conversion work for the Gimi Floating Liquefaction Vessel (FLNG) project

The company stated that the total contract is worth US$947mn.

The scope of Keppel Shipyard’s work in converting a Moss Liquefied Natural Gas (LNG) carrier into an FLNG vessel includes the design, detailed engineering and procurement of marine systems as well as conversion-related construction services.

The company noted that it will be similar to the work done on the first FLNG vessel, Hilli Episeyo, which Keppel undertook for Golar, but will be customised for the 20-year BP Greater Tortue Ahmeyim contract offshore West Africa. The vessel is expected to be delivered in the first half of 2022.

Chris Ong, CEO of Keppel O&M, said, “We are glad to continue this strong partnership with Golar on such a successful FLNG solution. The success of the Hilli Episeyo has provided the industry with strong proof of the attractiveness of Golar and Keppel’s conversion solution. This has further strengthened our offerings along the gas value chain.”

Iain Ross, CEO of Golar LNG, added, “Golar looks forward to working closely with Keppel on another Mark I FLNG and has a high degree of confidence in Keppel’s ability to safely deliver FLNG Gimi on time and within budget.”

Once completed, the Gimi FLNG will be stationed at a nearshore hub located on the maritime border between Mauritania and Senegal and is expected to start production in 2022 as part of the first phase of the Greater Tortue Ahmeyim project. The Gimi FLNG is designed to produce an average of approximately 2.5mn tonnes of LNG per year.