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Keppel to perform the world’s first-of-its-type FLNG vessel conversion for Golar (Keppel Corporation Ltd)

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(Source: Keppel Corporation Ltd) Contract worth US$735 million plus options for another two similar units Following the announcement of 25 June 2014, Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), wishes to announce that the contract which it has entered into with Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd, to perform the world's first-of-its-type conversion of an existing Moss LNG carrier, the Hilli, into a Floating Liquefaction Vessel (FLNGV), has become effective. The contract is worth approximately US$735 million. In carrying out the FLNGV conversion, Keppel Shipyard shall be responsible for the...

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