In Singapore, Keppel shipyard has secured two conversion contracts with "repeat customers".

The first is for a liquefied natural gas floating storage unit awarded by Malaysia's Bumi Armada. The second is for a floating production, storage and offloading vessel awarded by Yinson Holdings, also of Malaysia.

Work on the LNG FSU conversion for Bumi Armada is scheduled to be completed in the third quarter of 2016.