Welcome!
Keppel Offshore & Marine (Keppel O&M)
Keppel to sell 5 existing rigs to Borr Drilling for $993 mil
SINGAPORE (May 16): Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary, Keppel FELS, has signed a master agreement to sell five jackup rigs to Borr Drilling for a total value of US$745 million ($993 million).
May 16, 2018
Keppel O&M to jointly develop autonomous vessels with Singapore maritime authority and NUS-A*STAR centre
SINGAPORE (Apr 25): Keppel Offshore & Marine has signed an MoU with the Maritime Port Authority of Singapore (MPA) and the Technology Centre for Offshore and Marine, Singapore (TCOMS) to jointly develop autonomous vessels.
April 25, 2018
Keppel and Titan agree to terminate management services agreement for Quanzhou shipyard
SINGAPORE (Apr 3): Keppel Corp says FELS Offshore (FELS), a member of Keppel Group, and the Titan group of companies have agreed to terminate an agreement signed four years ago to manage Titan Quanzhou shipyard -- with immediate effect.
April 03, 2018
Keppel corruption probe not yet over; former key execs reportedly arrested
SINGAPORE (Feb 2): Keppel Offshore & Marine (Keppel O&M) might have six weeks ago reached a global resolution with authorities in the US, Brazil and Singapore in connection with a bribery scandal, but it seems the corruption probe is not yet over.
February 02, 2018
Keppel says no agreement yet on sale of jack-up rigs to Borr Drilling
SINGAPORE (Jan 19): Keppel Corp says discussions in relation to the possible sale of jack-up rigs to Borr Drilling are ongoing.
January 19, 2018
In print this week
Keppel facing a scandal
SINGAPORE (Jan 8): It was a blue Christmas for Keppel Corp. On Dec 23, 2017, the company said its offshore and marine arm had reached a global resolution with authorities in the US, Brazil and Singapore in relation to corrupt payments made by a former age
January 08, 2018
Keppel FELS delivers first rig of 2018 to Borr Drilling
SINGAPORE (Jan 5): Keppel FELS has delivered its first rig of the new year.
January 05, 2018
Sneak peek: SembMarine comes under the pressure after Keppel's US$422 mil settlement
SINGAPORE (Jan 4): With Keppel Corp’s offshore and marine arm having reached a global resolution with authorities over corrupt payments made in Brazil, the market’s attention could now turn to Sembcorp Marine, another major SGX-listed oil rig builder
January 04, 2018
Keppel O&M sanctioned 17 current, former employees over Brazil bribery case: document
SINGAPORE (Dec 30): Keppel Corp's rig-building unit has taken disciplinary action against 17 current and former employees as part of its Brazil bribery case, a US court document showed, including US$8.9 million ($11.9 million) of financial sanctions,
December 30, 2017
Ex-Keppel lawyer secretly cooperated with US in bribery probe: documents
BOSTON (Dec 28): A former lawyer at Keppel Corp’s oil rig building business secretly pleaded guilty and cooperated with US authorities before the Singapore-based company agreed to pay US$422 million ($565.7 million) to settle charges it bribed Brazilian
December 28, 2017