Singapore Technologies Engineering (ST Engineering) has secured a shipbuilding contract for the design and construction of a walk-to-work (W2W) vessel for a leading oil and gas company, marking its expansion into the market for specialised vessels supporting offshore operations.
With a capacity to accommodate 106 people and a length of 97 metres, the W2W vessel is purpose-built to ensure the safe transfer of personnel and essential goods for offshore installations. It will feature an advanced motion-compensated gangway to ensure safe personnel transfers in varying sea conditions, and a 10-tonne crane with active heave compensation for more effective load handling in rough seas.
Expected to be completed by the 1HFY2027, the W2W vessel will not be ST Engineering’s first, with the group having delivered a wide range of vessels from patrol vessels for navies to superyachts for private clients, as well as specialised vessels for offshore wind as well as oil and gas operations.
Tan Leong Peng, president, marine, ST Engineering, says, “Building a W2W vessel demands specialised expertise in marine engineering, advanced systems integration and dynamic positioning- areas where we excel. Being selected after a rigorous evaluation process is a testament to our expertise, dedication to quality and compliance with global standards.”
As at 12.56 pm, shares in ST Engineering are trading 4 cents lower or 0.86% down at $4.60.