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Floatel International
Restructuring
Keppel reaches consensual transaction for Floatel restructuring, to complete by March 24
Floatel has taken on a new credit facility of US$100 million from Temasek company Clifford Capital.
March 22, 2021
Offshore & Marine
Keppel O&M associate Floatel and lenders agree to deliver full discharge of security over bank vessel assets
Shares in Keppel Corporation closed 10 cents or 1.8% up at $5.63 on Jan 8.
January 10, 2021
Offshore & Marine
Keppel O&M associate Floatel to conduct independent review after Prosafe's $1.14 bil impairment
Keppel Corporation has requested Floatel International, an associated company of Keppel Offshore & Marine to perform an independent review of its business plan following Prosafe’s impairment.
June 01, 2020
M&A
Keppel O&M associate Floatel to merge with Prosafe to ride long downturn
SINGAPORE (June 4): Floatel International, an associated company of Keppel Offshore & Marine (Keppel O&M) which is part of the Keppel group of companies, has agreed to a merger with Prosafe SE.
June 04, 2019