Under the 30-year deal, Titan Quanzhou Shipyard (TQS) inFujian province will undertake projects related to Keppel’s proprietarydesigns, the Singaporean engineering giant said in a statement.
These will include FPSO conversions at four ultra largedrydocks as well as shiprepairs and construction of offshore drilling rigs.
The agreement is conditional on Titan completing itslong-running financial restructuring and the resumption of the trading of itsshares on the Hong Kong Stock Exchange which was suspended in June 2012.
“The
