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07 Sep 2017

New state-of-the-art subsea construction vessel launched in Azerbaijan

Baku Shipyard LLC (Baku Shipyard), a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC), has completed a Subsea Construction Vessel (SCV) for the Caspian region.

The Khankendi will be deployed to the Shah Deniz field where it is expected to perform subsea installation and construction work over the next eleven years. The SCV was specifically designed and built to install the biggest subsea production system in the Caspian Sea as part of the Shah Deniz Stage 2 project.

Mr Abu Bakar, Managing Director (Gas & Specialised Vessels), Keppel O&M, said, "We are proud to have designed and built this highly sophisticated SCV for the Shah Deniz consortium, the first such vessel to be built in the Caspian region. It is a demonstration of how Keppel O&M harnesses synergies across its global network of yards through Keppel Singmarine, Baku Shipyard and Marine Technology Development to deliver innovative solutions for Azerbaijan, which is a land-locked country. Over the last two decades, we have delivered a number of significant projects for Azerbaijan, such as the semisubmersible rig Heydar Aliyev four months ago, and look forward to continue supporting Azerbaijan's oil and gas industry."

The Khankendi underlines Keppel O&M's expertise in specialised vessels. It was built to the design of Marine Technology Development, the ship design and development arm of Keppel O&M, while Keppel Singmarine, a subsidiary of Keppel O&M, had built the vessel's hull as two longitudinal strips to enable safe transportation through the narrow Volga-Don Canal to Baku Shipyard, where the vessel was completed.

The vessel is 155 meters in length and 32 meters in width with 2000 square metres of deck space. It has a total weight of 17,600 tonnes, a carrying capacity of 5,000 metric tonnes at 6.5 metres draft and two engine rooms with 6 x 4.4MW and 2 x 3.2MW generators.

It is equipped with dynamic positioning to allow working in 3.5 metre significant wave height, a 900 tonne main crane capable of placing 750 tonne subsea structures down to 600 metres below sea level, an 18-man two-bell diving system, two work-class ROVs and a strengthened moon pool. The Khankendi can carry out complex activities without the need for anchors. The vessel has a maximum capacity of 175 people on board, including the marine crew and discipline specialists.


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About Baku Shipyard

Baku Shipyard, located in Baku, Azerbaijan, is a shipyard jointly developed by Keppel O&M, State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC). SOCAR, AIC and Keppel O&M own 65%, 25% and 10% share in the yard respectively. Inaugurated in 2013, the shipyard is designed to undertake the construction of a wide range of specialised vessels and merchant ships including subsea vessels, anchor handling tug/supply vessels and multi-purpose offshore support vessels, as well as tankers and cargo vessels. The shipyard also has ship repair and conversion capabilities.

About Keppel Singmarine

Keppel Singmarine is the specialised shipbuilding arm of Keppel O&M, with a track record of designing and building over 400 ships of various specifications and functions, spanning from Anchor Handling Tug/Supply vessels, Multi-Purpose Offshore Support vessels and tugboats to highly advanced solutions such as pipelay vessels, icebreakers and ice-class support vessels.


For more information, please contact:

Media

Brian Lee
Executive
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6429
Email: brian.lee@kepcorp.com

Investor Relations

Guo Xiaorong
Senior Executive
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6475
Email: xiaorong.guo@kepcorp.com