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…
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…
Singaporean conglomerate Keppel Corp posted improved results for the fourth quarter, helped by narrower losses in its offshore and marine division, and said it was seeing signs of recovery in the rig industry.The company on Thursday reported a net profit of S$135 million ($99…
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…
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…
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 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 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 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…
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…
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 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…
McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…
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 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…
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