Repair & conversion leader

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1 Repair & conversion leader Tuas Yard (Head Office) 5 Pioneer Sector Singapore 6847 Tel: (65) Fax: (65) ks@keppelshipyard.com Co Reg No: D Benoi Yard 5 Benoi Road Singapore Tel (65) Fax: (65) Gul Yard 55 Gul Road Singapore 695 Tel: (65) Fax: (65) /7 GCC04.0

2 CONTENTS About us Repairs & modifications Conversions 6 Partner for solutions 8 Operational excellence As a global leader in shiprepair and conversion, we continue to build on our competencies to offer value-added services to the offshore and marine industry.

3 Repairs & modifications Keppel Shipyard is the industry s leading ship repairer with expertise to undertake the entire spectrum of repair and modification work for a variety of vessels. We offer innovative and costeffective solutions to our customers, upholding a strong track record in the repair of tankers, containerships, dry cargo vessels, gas carriers and offshore support vessels. Keppel Shipyard repairs and refurbishes an average of over 400 vessels in a year With over a century of shiprepair experience Keppel Shipyard has the versatility to provide comprehensive solutions to its customers Our track record of delivering quality services enables us to secure long-term fleet agreements with reputable owners KEPPEL SHIPYARD repairs & modifications

4 Our expertise also includes specialised repairs and modifications of dredgers and livestock carriers. In Asia, we are one of the most established repair yards for Liquefied Natural Gas (LNG) vessels backed by a proven track record, technological capabilities, dedicated facilities and comprehensive infrastructure. Keppel Shipyard s comprehensive suite of services includes the lengthening and modification of vessels, such as the trailing suction hopper dredger vessel, Queen of the Netherlands, for Royal Boskalis Westminister Group Drydocking of cruise ships are part and parcel of Keppel Shipyard s know-how Our expertise and stringent safety standards for the technologically demanding repair of LNG carriers is renowned in the industry 4 KEPPEL SHIPYARD repairs & modifications 5

5 Conversions We continue to win the trust and confidence of long-term customers as the preferred partner for conversion projects with safe and quick turnaround. An established brand name in conversions, we build on our core competencies to provide valueadded solutions for FPSOs operating worldwide. Tapping on our extensive network of yards, we are able to offer innovative and cost-effective fast-track conversions. With established technology centres and dedicated facilities, we provide a full suite of services for topside modules, including engineering, fabrication and integration. From being the first shipyard in Asia to convert a tanker to an FPSO in 98, we have advanced to completing the most number of FPSO/FSO/FSRU projects in the world ever since. Converted for SBM, FPSO Espirito Santo is capable of processing 00,000 barrels of oil per day (bopd) Supported by our technology arm, topside engineering, fabrication and integration are part of Keppel Shipyard s comprehensive solutions We have the expertise to provide the full suite of services for topside modules, including engineering, fabrication and integration 6 KEPPEL SHIPYARD CONVERSIONS 7

6 Partner for solutions We combine advanced engineering, experience and versatility across our global network to deliver robust solutions for new frontiers. Through long-term collaborations with our customers, we are able to offer solutions delivered to their satisfaction The conversion of Maersk Peregrino for Maersk FPSOs includes the installation and integration of topside modules and an internal turret FPSO P-57 underwent hull and marine conversion in Singapore with its remaining work of topsides installation and integration completed at our BrasFELS yard in Brazil 4 Keppel Shipyard reinforces its successful partnership with SBM and BP with the delivery of the world s largest internal turret in terms of rated mooring loads for the Skarv FPSO 5 The derrick lay barge for Bumi Armada was fabricated in two longitudinal halves so that it could pass the narrow Volga-Don Canal and be integrated at Keppel s Caspian Shipyard Company, in Azerbaijan KEPPEL SHIPYARD PARTNER FOR SOLUTIONS 9

7 We are committed to meet all our clients stringent requirements in safety and quality while ensuring that all our jobs are delivered promptly and within budget. In addition to our track record and achievements in FPSO and FSO conversions, Keppel Shipyard has converted and built a variety of other offshore and marine structures. Working with trend-setting customers over the years, Keppel Shipyard has achieved many firsts in the industry for complex vessel conversions. Golar Freeze, the third FSRU delivered by Keppel Shipyard, is an LNG vessel successfully converted to perform LNG regasification processes onboard a vessel The first FPSO to be deployed in the US Gulf of Mexico, BW Pioneer, is outfitted with advanced safety features to withstand harsh environments 5 The integration and completion of two Bully drillships for the Noble and Shell joint-venture includes the installation of the world s first Multi Purpose Towers 6 The timely and safe delivery of FPSO Armada Perdana to Bumi Armada is a result of the trust and collaboration between Keppel Shipyard and its customers We delivered the world s first Drilling FPSO, Azurite, to Prosafe Production 4 We work hand-in-hand with our customers and their clients to deliver high quality projects KEPPEL SHIPYARD PARTNER FOR SOLUTIONS

8 Operational excellence At Keppel, our goal is to create a zero-incident workplace and to ensure the well-being of our workforce. This is achieved through a strong and cohesive safety culture, shared by our employees, customers and subcontractors. High efficiency and productivity are hallmarks of the Keppel brand. We have in place initiatives to promote productivity through innovations, training programmes and infrastructural enhancements. In Singapore, our three yards in Tuas, Benoi and Gul are within close proximity of each other, enabling us to fully optimise our resources and yard facilities to offer greater flexibility to our customers. A semi-automated pipeshop significantly increases the productivity of pipe fabrication Efficient project management ensures that resources are fully utilised Our workers continually undergo training and skills upgrading 4 A good mix of repair and conversion projects gives Keppel Shipyard the flexibility to maximise resources and deliver fast-track projects 4 KEPPEL SHIPYARD OPERATIONAL EXCELLENCE

9 Safety is both a measure of project success and a core value. We seek to strengthen leadership, create ownership, build partnerships and enhance our capabilities to instill a strong safety culture across the value chain. We instill a sense of ownership in our workforce, by influencing positive changes to mindsets, training and equipping personnel with the right skills, as well as enhancing our facilities. Our safety efforts are led by the top, with management conducting regular safety walkthroughs in the yard The Keppel Safety Training Centre helps equip our entire workforce, including subcontractors, with safety skills and knowledge Platforms such as the Workforce Safety Council and the Contractor HSE Watch Group enable our workers to play active roles in reviewing and improving safety and health at the workplace. Keppel Shipyard works closely with its customers to ensure safety efforts are aligned and observed at all levels 4 The Keppel Safety Training Centre comprises a main building with classrooms and a safety journey hall, a replica of the middle segment of a vessel as well as other technical skills training terminals 4 4 KEPPEL SHIPYARD OPERATIONAL EXCELLENCE 5

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