Keppel Offshore & Marine, an offshore construction subsidiary of Singapore's Keppel Corp, expects challenging conditions ahead due to the drop in oil prices but says its business diversification into gas and renewables has paid off.The company…
Singapore-based offshore drilling rig builder Keppel Offshore & Marine has delivered a newbuild jack-up drilling rig to Norway's Borr Drilling.The rig, named Hild, was built to Keppel's KFELS Super B Class design. The Hild is the sixth jack-up that Keppel has delivered to Borr Drilling…
Singapore-based offshore rig builder Keppel Offshore & Marine has partnered up with Energy Market Authority (EMA) to develop energy solutions in the areas of distributed energy resources, digitalization and emerging low carbon alternatives.As part of the $10 million partnership…
Singapore's offshore facilities builder Keppel has said it has delivered 'the world’s fastest brownfield Floating Production Storage and Offloading vessel (FPSO) modification and upgrading project.'Named FPSO Abigail-Joseph, the vessel was delivered to Malaysia's Yinson Holdings…
Singapore's Keppel Corp. Offshore & Marine division posted a profit for the full year 2019 citing cost cuts and lower impairment costs.For the full year, Keppel O&M posted a net profit of S$10 million, a significant increase compared to a loss of S$109 in 2018…
Offshore drilling contractor has taken delivery of a newbuild jack-up rig from Singapore's Keppel. This is Keppel's first rig delivery in 2020.Keppel said Wednesday that the offshore drilling rig, named Heimdal, was built to Keppel's KFELS B…
Keppel Offshore & Marine Ltd (Keppel O&M) through its wholly-owned subsidiary Keppel FELS Limited (Keppel FELS) has delivered the KFELS B Class jackup rig, Cantarell III, to a wholly-owned subsidiary of Grupo R.As part of the deal, Grupo R has…
Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices…
Borr Drilling has teaken delivery of a newbuild jackup drilling rig from Keppel Offshore & Marine (Keppel O&M) subsidiary Keppel FELS. Built to Keppel’s proprietary KFELS B Class design, Hermod is the fourth of eleven jackup rigs that Keppel is building for the offshore drilling contractor…
In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations.One of the rigs, which was delivered earlier this year for work in offshore Mexico…
Singapore-based Keppel Offshore & Marine (Keppel O&M) has through its wholly-owned subsidiary Keppel Shipyard, secured a contract from repeat customer Yinson for the modification of a floating production, storage and offloading vessel (FPSO)…
Keppel Offshore & Marine Ltd's (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), has snagged a contract to build two offshore wind farm substations worth more than S$150 million for Danish renewable energy company Orsted.The contract comprises detailed engineering…
Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations as part of the DolWin cluster servicing German offshore wind farms.The grid operator TenneT Offshore has tasked Aibel and Keppel O&M…
Singapore conglomerate Keppel Corp is planning to add 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.The slump in oil prices in 2014…
Singapore based Keppel Offshore & Marine announced Wednesday it has won two contracts: one from Diamond Offshore for the upgrade of the drilling semisubmersible rig Ocean Onyx, and the other from an unnamed operator for fabrication and integration…