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July 31, 2015 8:28 AM ET

Machinery

Company Overview of Jurong Shipyard Pte Ltd.

Company Overview

Jurong Shipyard Pte Ltd. provides ship building, ship repair, ship conversion and offshore, rig building, and offshore engineering services to clientele worldwide. Its facilities include docks and quays, cranage facilities, and workshops and warehouses. The company was incorporated in 1999 and is based in Singapore. Jurong Shipyard Pte Ltd. operates as a subsidiary of Sembcorp Marine Ltd.

29 Tanjong Kling Road

Singapore,  628054

Singapore

Founded in 1999

Phone:

65 6265 1766

Fax:

65 6261 0738

Key Executives for Jurong Shipyard Pte Ltd.

Chairman and Managing Director
Age: 53
Financial Controller
Chief HSE Manager for Safety
Head of Department for Management Information Systems
Senior General Manager of Human Resource and Director
Compensation as of Fiscal Year 2015.

Jurong Shipyard Pte Ltd. Key Developments

Sembcorp Marine Secure Two Contracts Totalling SGD 222 Million in Value

Sembcorp Marine announced that Sembmarine SLP and Jurong Shipyard Pte Ltd. have secured offshore energy related contracts valued at a combined SGD 222 million. Sembmarine SLP Limited has been awarded a contract to design and build the offshore substation platform for the Dudgeon Offshore Wind Farm. The contract has been granted by Siemens Transmission & Distribution Limited, which was awarded the contract for the Electrical System Infrastructure by the wind farm's developer Dudgeon Offshore Wind Limited, a joint venture between Norwegian Energy firms Statkraft and Statoil. SLP will work closely with Siemens and will be responsible for the design, engineering, procurement, project management and construction of the platform's jacket substructure and topside. Siemens will provide the transformers and high voltage electrical distribution technology. The Offshore Transformer Station (OTS) will be constructed at SLP's yard in Lowestoft on the UK's Suffolk coast. The Dudgeon platform will be a new generation OTS based on its early success with the Thanet substation previously delivered to Siemens. Jurong Shipyard has been contracted by regular customer MODEC Offshore Production Systems (Singapore) Pte Ltd, to complete the repair and life extension, and conversion of a VLCC into a Floating Production Storage and Offloading (FPSO) vessel as part of the TEN Development Project. This is the twenty-second FPSO conversion project which Jurong Shipyard is working on with MODEC. When completed in 4Q2015, the TEN Development FPSO will have a capacity of production and treatment of 80,000 bpd of crude oil, 65,000 bpd of produced water, and 180 MMscfd of gas, with an onboard storage capacity of 1.7 million barrels. The facility will include for delivery 132,000 bpd of filtered, de-aerated seawater. The TEN Development FPSO will be external turret moored in 1,000 to 1,800 metres water depth and operated by MODEC, on behalf of their client Tullow Ghana Ltd, a wholly-owned subsidiary of Tullow Oil Plc. The FPSO will host multiple subsea tiebacks from three reservoirs (Tweneboa, Enyenra, Ntomme) in the Deep Water Tano block off of the coast of Ghana, West Africa.

JURONG Shipyard Wins USD 696 Million Contract

JURONG Shipyard has won a USD 696 million deal to convert a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel for OOGTK Libra GmbH & Co KG. This conversion includes detailed engineering, installation and integration of topside modules, installation of external turret and power generation, accommodation upgrading as well as extensive piping and electrical cabling works. The FPSO is scheduled for completion in the third quarter of 2016 and will have the capacity to produce 50,000 barrels of oil a day and four million cubic metres of natural gas a day. Operating as an early well-test unit, the FPSO will be on a 12-year charter once it begins its contract in late-2016.

Jurong Shipyard Secures $236 Million Contract to Build Jack-Up Rig for Hercules North Sea Ltd

Jurong Shipyard has secured a $236 million contract to build a high specification, tailor-made jack-up rig for new customer Hercules North Sea Ltd. Scheduled for delivery in the second quarter of 2016, the jack-up rig will be built based on the Friede & Goldman JU 2000E design which has enhanced features suitable for UK operations. The new rig is designed to operate in waters of 400 feet and drill to depths of 30,000 feet. The rig will be equipped with 2,000,000 lbs drilling capacity, 6,000 barrels mud capacity, 28,000 kips preload capacity for the legs and 150-man accommodation capacity. Upon delivery, the rig will be chartered out to Maersk Oil and Gas for deployment in the UK sector of the North Sea.

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