Singapore’s Keppel Offshore & Marine has won a contract from an unnamed international renewable energy company for the construction of an offshore substation worth approximately S$130 million (US$96.8 million).
Wholly owned subsidiary Keppel Fels’ workscope comprises the engineering, procurement, construction, testing and commissioning for the complete substation. The 600-megawatt OSS is scheduled to be completed during 2025. When completed, the OSS will be deployed at an offshore wind site in the Asia Pacific region.
“We are pleased to strengthen our track record in offshore wind solutions. As we extend our footprint and deepen our expertise in the offshore renewables industry, Keppel O&M is well-placed to support the growing demand for offshore wind solutions and contribute towards the global energy transition,” said Tan Leong Peng, managing director (new energy/business), Keppel O&M.
The company on Thursday confirmed it is strengthening its foothold across the value chain of offshore renewables.
Keppel O&M is currently building a high-voltage, direct current converter station for offshore wind farms in the German sector of the North Sea, two OSSs for an offshore wind farm, as well as the first wind turbine installation vessel in the US. In 2021, it delivered two OSS projects, which are now operational in Taiwan.
- Rig owner starts the year with almost $500 million order book boost
- Former Petronas Carigali executive reportedly charged with corruption, money laundering
- Chinese yard joins Malaysian maritime solutions specialist in zero emissions generic FPSO design
- Petrobras investors hope Prates will get the balance right