EGYPT

Keppel Awarded $4.5mn VLCC Conversion Contract for Geisum Field 

Keppel Shipyard of Singapore has been awarded a $4.5mn contract by the Geisum Oil Company of Egypt to convert the 232,369-dwt tanker Nefertite into a floating production storage and offloading vessel (FPSO) for the company's Geisum field in the southern part of the Gulf of Suez. The conversion work is scheduled for completion in September and the converted tanker will be permanently moored to an eight-point...