Keppel News


Keppel Wins $425m Deal with Awilco Drilling

Mar 25, 2019

Singaporean conglomerate Keppel Corporation’s subsidiary Keppel FELS has finalised and entered into a rig construction contract with UK drilling oil and gas wells firm Awilco Drilling for the construction of a repeat drilling rig worth approximately USD425mln…

Awilco Orders Drilling Rig from Keppel

Mar 08, 2019

UK based Awilco Drilling has exercised an option to have a second mid-water semisubmersible drilling rig built by Singapore's Keppel Offshore & Marine, the builder announced on Friday.The option, which Keppel said is worth about $425 million…

Keppel to Upgrade KrisEnergy Production Barge

Nov 09, 2018

Singapore's Keppel Offshore & Marine said its wholly-owned subsidiary Keppel Shipyard has secured a contract worth about S$30 million (US$21.8 million) for the modification and upgrading of a production barge for SJ Production Barge Ltd, a wholly…

Keppel Q3 Profit Falls

Oct 18, 2018

Singaporean conglomerate Keppel Corp on Thursday posted a 15 percent fall in third-quarter net profit, hurt by lower contributions from its investments and property divisions.Keppel, whose businesses range from rig-building to property development…

Keppel Wins FPSO, FSRU Contracts

Jul 22, 2018

In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc. group, to undertake the topside module fabrication and integration of the FPSO Carioca MV30…

Keppel discloses delivery agenda

Jul 20, 2017

Keppel Corp. has revealed that its wholly-owned subsidiary Keppel Offshore and Marine’s (Keppel O&M) plans to deliver five rigs to Borr Drilling, and the world's first floating liquefied natural gas (FLNG) vessel conversion Image from Keppel…

Keppel wins conversion, modification contracts

Jun 28, 2017

Keppel Offshore & Marine Ltd subsidiary, Keppel Shipyard has won four contracts worth a total of $61.5 million (S$85 million) for the conversion, repair and modification of vessels. The first contract is from Dixstone Holdings Ltd, for…

Keppel O&M set to deliver SOCAR newbuild

May 18, 2017

Keppel Offshore & Marine Ltd (Keppel O&M) is set to deliver SOCAR’s newbuild, the recently named Heydar Aliyev semisubmersible drilling rig. Keppel O&M through its subsidiary in Azerbaijan, Caspian Shipyard Co. (CSC), will deliver the Heydar Aliyev to Caspian Drilling Co…

Vietnam to have first 3-leg TLP

Apr 27, 2017

Keppel Offshore & Marine subsidiary Keppel FloaTEC has won a US$40 million contract for design and management support work on the first three-column tension leg wellhead platform. The contract, from PTSC Mechanical & Construction (PTSC M&C)…

Keppel O&M acting CEO named

Mar 20, 2017

Keppel Corp. announced that Managing Director of Keppel FELS Chris Ong will be concurrently appointed acting chief executive officer (CEO) of Keppel Offshore & Marine (Keppel O&M), following the retirement of current Keppel O&M President Chow Yew Yuen…

Keppel O&M cuts more than 3000 jobs

Oct 20, 2016

Singapore’s Keppel is cutting more than 3000 jobs in its offshore and marine division (Keppel O&M) due to slow global growth and weak demand in the first nine months of the year, the company said today (20 October). Image from Keppel…

Keppel delivers the Floatel Triumph

Sep 30, 2016

Keppel Offshore & Marine subsidiary, Keppel FELS, delivered the Floatel Triumph semisubmersible to Floatel International, which will work on Chevron's Wheatstone, and INPEX's Ichthys Field, off Western Australia.  The Floatel Triumph is…

Keppel cuts 5000 jobs, drops 45% in 1H

Jul 22, 2016

Keppel Corp. reported a 45% decline in its profits in 1H 2016, as the Singaporean shipbuilder announced a reduction in its workforce by more than 5000. Image from Keppel. In the first six months of the year…

Keppel delivers jackup to Mexico's Central Panuco

Jul 14, 2016

Keppel Offshore & Marine US subsidiary Keppel AmFELS delivered the Uxpanapa jackup to Mexico's Central Panuco, a subsidiary of Perforadora Central. The rig was christened at Keppel AmFELS' yard in Brownsville, Texas. Uxpanapa is the fifth…

Keppel inks US$90 million in projects

Jul 07, 2016

Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia.  Image from Keppel…

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