Keppel Corp has secured two floating production, storage and offloading vessel-related contracts from Japanese floater specialist Modec worth SGD 73m ($52.5m), the company confirmed.
The first deal will see its Singapore yards fabricate, complete and integrate the topside modules and mooring support structure for an unnamed FPSO.
Components for the work are due to arrive at the Tuas-based yard in the third quarter of this year with completion of the work expected before the year's end.
