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Keppel Offshore & Marine

Contracts

Keppel delivers first of three rigs originally built for Borr Drilling to ADNOC, collects payment of US$160 mil

Keppel expects to receive at least US$352 million for all three rigs between 2022 and 2023
Keppel awarded $200 million contract for FSRU conversion and FPSO integration work - THE EDGE SINGAPORE

Offshore & Marine

Keppel awarded $200 million contract for FSRU conversion and FPSO integration work

Keppel Corp has been awarded a $200 million contract for FPSO integration and FSRU conversion
Keppel's settlement agreement with Sete Brasil is effective, with no impact on NAV or EPS  - THE EDGE SINGAPORE

Offshore & Marine

Keppel's settlement agreement with Sete Brasil is effective, with no impact on NAV or EPS

Keppel Corp's Settlement Agreement with Sete Brasil is in effect.
Renewable energy contract win likely a boost for Keppel: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Renewable energy contract win likely a boost for Keppel: CGS-CIMB

According to CGS-CIMB, this contract win proves that Keppel sees “traction” in its focus to become a provider of RE solutions.

Company in the news

Keppel impairment thwarts Temasek's restructuring plans

When it comes to ensuring that Temasek Holdings’ portfolio companies continue to survive and thrive, the state investment fund usually has its way through intervention.

Global Economy

Briefs

SINGAPORE (July 1): “Presidential Harassment!” – US President Donald Trump’s tweet, following news that former special counsel Robert Mueller will be testifying in public on his investigations into Trump’s alleged dealings with Russia.

Keppel O&M secures contract to build dual-fuel bunker tanker under MPA funding programme

SINGAPORE (Apr 9): Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary, Keppel Singmarine, has secured a contract by Mitsui & Co (Asia Pacific) to build a dual-fuel bunker tanker to be owned and by Sinanju Tanker Holdings, based on a finance

Update

Keppel O&M sanctioned 17 current, former employees over Brazil bribery case: document

(Dec 29): 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 ($11.8 million)  of financial sanctions, demotion

Keppel unit wins $56 mil contract for first TLWP in Vietnam

SINGAPORE (April 27): Keppel FloaTEC, a wholly-owned subsidiary of Keppel Corp’s offshore and marine arm, has secured a US$40 million ($56 million) contract for the first Tension Leg Wellhead Production Platform (TLWP) in Vietnam.

Keppel ready to deliver one of the world’s largest FPSOs

SINGAPORE (Oct 24): Keppel Offshore & Marine's wholly-owned subsidiary Keppel Shipyard is on track to deliver one of the world's largest Floating Production Storage and Offloading vessels (FPSO) to Malaysia-based Bumi Armada for operations in offs
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