Singapore's Keppel Offshore & Marine has secured bareboat charters for two KFELS B Class rigs to be deployed in the Middle East.The shallow-water drilling rigs will go on a charter with an unnamed drilling firm in the Middle East. Keppel said the charterer was 'an established drilling company…
Singapore-based rig builder Keppel Offshore & Marine has secured bareboat charter deals for two of its KFELS B Class rigs to be deployed in Saudi Arabia.The two rigs will be chartered by the drilling contractor ADES for a period of five years…
Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO).Keppel Offshore & Marine…
Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.The loss-making…
FPSO specialist SBM Offshore has shared a video showing the lifting and installation of the first topside module batch for the Prosperity FPSO at the Keppel O&M yard in Singapore. The hull of the FPSO Prosperity, which will be Guyana's third…
Singapore's Keppel Corporation said Wednesday said it was terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively.Keppel…
Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday.The companies had first announced…
Australian engineering firm Worley has won awarded a contract with Singapore's Keppel Offshore & Marine for engineering services for the construction of two offshore substation platforms (OSS) for a wind farm project.'We'll provide detailed…
Offshore wind installation services company Fred. Olsen Windcarrier said Friday that a new Huisman-built was set to be shipped to Singapore where it will be installed on its Bold Tern jack-up vessel.'The new 1600t Huisman leg encircling crane…
BP Trinidad and Tobago has chartered the Safe Concordia offshore accommodation rig from Prosafe, to provide gangway-connected operations at Cassia C offshore platform in Trinidad. The contract will last around 160 days and will be a straight…
Singapore's Keppel Offshore & Marine said Wednesday it had secured contracts worth around S$250 million (~$186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel…
Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…
Fred. Olsen Windcarrier (FOWIC) said it is upgrading another one of its vessels with a new larger crane to install foundations and all known next generation offshore wind turbines.The company announced on Tuesday it has executed a firm contract with Huisman for a second 1…
Offshore accommodation rig owner Prosafe said Thursday it had secured a contract extension in Trinidad and Tobago for its Safe Concordia flotel.The charter takes the firm operational period for the rig through to end-January 2022. The total value of the contract extension…
Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…