Welcome!
Keppel Offshore & Marine (Keppel O&M)
Broker's Calls
Challenging contract environment to continue weighing Keppel down
SINGAPORE (May 24): UOB Kay Hian is reiterating its “hold” call on Keppel Corporation with an unchanged target price of $6.55.
May 24, 2017
Keppel to build two additional dredgers worth $120 mil for Jan De Nul
SINGAPORE (May 23): Keppel Singmarine, the subsidiary of Keppel Offshore & Marine (Keppel O&M), has won contracts from Codralux S.A., a wholly-owned subsidiary of Jan De Nul Group, to build two Trailing Suction Hopper Dredgers (TSHDs).
May 23, 2017
Keppel says on track to deliver rig in Azerbaijan
SINGAPORE (May 18): Keppel Offshore & Marine, through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semisubmersible drilling rig to Caspian Drilling Company, a subsidiary of the State Oil Company of Azerbaijan Repu
May 18, 2017
Keppel O&M to sell Rotterdam yard to Damen Shipyards
SINGAPORE (April 11): Keppel Offshore & Marine, a member of the Keppel group of companies, has entered into a term sheet agreement with Damen Shipyards Group for the sale of its shipyard, Keppel Verolme.
April 11, 2017
Keppel FELS says contracts for five jackup rigs for Transocean to be novated to Borr Drilling
SINGAPORE (March 20): Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine, has entered into an agreement with Borr Drilling whereby the construction contracts for the five jackup rigs currently being built by Keppel FELS for Transocean will
March 20, 2017
Investing strategies
Forget provision charges, here’s the bigger picture for Singapore O&M investors
SINGAPORE (Feb 17): CLSA is turning positive on Keppel Corporation and Sembcorp Marine (SMM) , upgrading its former “sell” ratings on both stocks to “buy” with the respective target prices of $7.60 and $2 on the belief that Singapore’s offshore
February 17, 2017
Keppel O&M delivers FPSO P-66 for Brazil
SINGAPORE (Feb 7): Keppel Offshore & Marine, through its subsidiary, Keppel FELS Brasil SA’s BrasFELS shipyard, has delivered FPSO P-66 to Tupi BV.
February 07, 2017