Friday, December 29, 2017
keppel shipyard
News

Ex-Keppel Lawyer Cooperated with U.S. in Brazil Bribery Probe -Documents

  By Nate Raymond Dec 28 (Reuters) – A former lawyer at Keppel Corp Ltd’s oil rig building business secretly pleaded guilty and cooperated with U.S. authorities before the Singapore-based...

December 29, 2017
Total Views: 1

Friday, December 22, 2017
News

Keppel to Pay $422 Million to Settle Foreign Bribery Case in U.S., Brazil and Singapore

Singapore-based shipbuilder Keppel Offshore & Marine and its U.S. subsidiary have agreed to pay a total penalty of more than $422 million to resolve charges with authorities in the United...

December 22, 2017
Total Views: 2

Thursday, July 20, 2017
keppel shipyard
Maritime News

Keppel Posts Lower Q2 Profit, Says Rig Market Outlook Muddy

SINGAPORE, July 20 (Reuters) – Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore...

July 20, 2017
Total Views: 14

Thursday, April 20, 2017
keppel shipyard
Maritime News

Keppel’s Profit Weighed Down by Sluggish Offshore Business

SINGAPORE, April 20 (Reuters) – Singapore’s Keppel Corp posted its first year-on-year rise in quarterly profits since early 2015, helped by improved earnings from infrastructure and investments, but its offshore...

April 20, 2017
Total Views: 10

Tuesday, April 11, 2017
Keppel Verolme shipyard
News

Damen to Buy Keppel Verolme Shipyard at Port of Rotterdam

Damen Shipyards Group has entered into an agreement with Keppel Offshore & Marine for the acquisition of the Keppel Verolme shipyard in the Rotterdam. With the acquisition of the Verolme...

April 11, 2017
Total Views: 29

Tuesday, March 7, 2017
Maritime News

Singapore’s Stock Rally Looks to Be Floating on Foam

By Christopher Langner (Bloomberg Gadfly) — Read the shipping and offshore oil industry news in Singapore and you’d be forgiven for imagining the country’s stock market must also be in...

March 7, 2017
Total Views: 0

Thursday, January 26, 2017
Maritime News

Keppel Posts Smallest Annual Profit in a Decade

SINGAPORE, Jan 26 (Reuters) – Singapore’s Keppel Corp Ltd posted its smallest annual profit in a decade, dented by a lack of orders at its key rig-building business and provisions...

January 26, 2017
Total Views: 11

Thursday, November 3, 2016
keppel shipyard
Maritime News

Keppel Throws Lifeline to Struggling Oil Explorer KrisEnergy

SINGAPORE, Nov 3 (Reuters) – Rig builder Keppel Corp said on Thursday it would subscribe to a bond offer by KrisEnergy Ltd, potentially increasing its majority holding and throwing a...

November 3, 2016
Total Views: 0

Thursday, October 20, 2016
News

Keppel Profit Hit by Weak Rig Orders

SINGAPORE, Oct 20 (Reuters) – Singaporean conglomerate Keppel Corp reported a 38 percent fall in its third-quarter profit as low oil prices resulted in a dearth of orders for its...

October 20, 2016
Total Views: 12

Wednesday, August 3, 2016
keppel shipyard
Maritime News

Keppel’s Man in Brazil Says Managers Backed Bribes

By Sabrina Valle (Bloomberg) — Keppel Corp.’s Brazil problems just keep growing. The world’s largest builder of offshore oil rigs has seen investments plummet in one of its most important...

August 3, 2016
Total Views: 9

Friday, July 22, 2016
keppel shipyard
Offshore News

Keppel Sees Prolonged Dearth of Oil-Rig Orders Amid Glut

(Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus that’s caused quarterly profit to fall...

July 22, 2016
Total Views: 10

Thursday, July 21, 2016
keppel shipyard
Maritime News

Keppel Profit Falls as Oversupply of Oil Rigs Delays Deliveries

By Kyunghee Park (Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, posted a 48 percent drop in second-quarter profit as oversupply led to delivery delays for offshore...

July 21, 2016
Total Views: 1

Friday, May 20, 2016
keppel shipyard
News

Keppel in Russian Partnership

SINGAPORE, May 20 (Reuters) – Conglomerate Keppel Corp’s offshore and marine unit signed a shareholders’ agreement with Russian oil firm Rosneft and Norwegian drilling equipment firm, MHWirth, to set up...

May 20, 2016
Total Views: 6

Thursday, May 19, 2016
keppel shipyard
Maritime News

Shipyards Named in Petrobras Suit

May 19 (Reuters) – Investment management firm EIG Management Co added Brazil’s engineering conglomerate Odebrecht SA and a few other shipyards in its $221 million fraud suit against Petroleo Brasileiro...

May 19, 2016
Total Views: 9

Wednesday, April 27, 2016
News

Sembcorp Marine Profit Falls as Clients Defer Offshore Projects

By Aradhana Aravindan SINGAPORE, April 27 (Reuters) – Singapore rig-builder Sembcorp Marine’s quarterly profit halved as customers deferred projects, and it faces prolonged uncertainty on contracts from its biggest client,...

April 27, 2016
Total Views: 6

Thursday, April 21, 2016
sete brasil,
Maritime News

Sete Brasil Bankruptcy Seen as Blow to Petrobras, Shipbuilders

By Guillermo Parra-Bernal SAO PAULO, April 20 (Reuters) – Shareholders in Sete Brasil Participações SA voted on Wednesday to allow the ailing rig lessor to seek bankruptcy protection after efforts...

April 21, 2016
Total Views: 12

Monday, April 18, 2016
keppel shipyard
Maritime News

Keppel Profit Drops as Oil Slump Delays Offshore Projects

By Kyunghee Park (Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, reported a 41 percent decline in first-quarter profit as weak oil prices led to delivery delays...

April 18, 2016
Total Views: 0

Wednesday, April 6, 2016
keppel shipyard
News

Keppel, Sembcorp Rebounds May Be Short-Lived as Rig Orders Drop

By Jonathan Burgos and Kyunghee Park (Bloomberg) — The world’s two biggest builders of oil rigs saw their stocks rise the most in more than two years last month as...

April 6, 2016
Total Views: 0

Tuesday, March 8, 2016
jack-up drilling rigs
Maritime News

Transocean’s Five High-Spec Jackups Delayed at Keppel

Offshore drilling contractor Transocean says it has reached a deal with Singaporean rigbuilder Keppel to delay the delivery and payments of five high-specification jackup drilling rigs until 2020. The five...

March 8, 2016
Total Views: 2

Wednesday, January 27, 2016
Maritime News

BG Group and Keppel Win LNG Bunkering License in Singapore

BG Group and Keppel Offshore & Marine have secured a license to supply LNG bunkers to vessels in the Port of Singapore after submitting a joint bid to the Maritime...

January 27, 2016
Total Views: 4