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Keppel O&M secures $600 mil contract in the offshore renewable energy industry

Felicia Tan
Felicia Tan • 1 min read
Keppel O&M secures $600 mil contract in the offshore renewable energy industry
The contract is said to be "in line" with Keppel's Vision 2030.
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Keppel Offshore & Marine (Keppel O&M) announced on Oct 9 that it has secured a contract worth approximately $600 million for the engineering, procurement and construction of a vessel for the offshore renewable energy industry.

The contract, which was signed with an unnamed energy company, is “in line” with Keppel Corporation’s Vision 2030, which includes “seeking opportunities in providing renewable energy solutions”, according to the group.

See also: DBS maintains Keppel Corp's 'buy' call after Vision 2030 announcement

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