SINGAPORE-based group Sembcorp Marine's subsidiary, Sembawang Shipyard, has secured three contracts worth SGD130 million (US$101.5 million) to repair and upgrade floating storage and offloading (FSO) and liquefied natural gas (LNG) vessels.

The first contract was awarded by Angola-based oil company, Sonangol Pesquisa e Producao SA, to manage major repair and upgrading work of its 20-year old FSO Palanca which is expected at the shipyard by August. The work will include the renewal of the ship's cargo piping system and pumps, tank blasting and coating, and cables renewal for the electrical system, according to ProcurementAsia.

Sembawang Shipyard has also been awarded the Favoured Customer Contract for two LNG carriers' life extension projects by Australia-based shipping service provider North West Shelf Shipping Service Company. The two vessels are expected to enter the shipyard in June and September this year.

"These sophisticated projects demand strong engineering and project management skills to be executed in a safe environment and we are confident that through close collaboration with our partners, we will deliver the projects on time and to owners' high QHSE standards," Ong Poh Kwee, managing director of Sembawang Shipyard said.

Earlier this month, Sembcorp subsidiaries Sembcorp Marine, Sembcorp Development and Sembcorp Utilities expanded their businesses outside of Singapore to Malaysia and China.