Keppel Uncertainty Continues as Brazil Client Delays
By Kyunghee Park and Jonathan Burgos (Bloomberg) — Keppel Corp.’s uncertainties about the oil- rig market are set to continue after a key customer in Brazil that has fallen more...
By Kyunghee Park and Jonathan Burgos (Bloomberg) — Keppel Corp.’s uncertainties about the oil- rig market are set to continue after a key customer in Brazil that has fallen more...
SINGAPORE, Oct 23 (Reuters) – Singapore oil rig builder Keppel Corporation Ltd said it may face an investigation into deals with Brazilian state-run oil company Petrobras and rig builder Sete...
SINGAPORE, Oct 22 (Reuters) – Singapore’s two major rig builders, Keppel Corporation Ltd and Sembcorp Marine Ltd, on Thursday posted sharp declines in their third-quarter profit, reflecting weakness in...
Singapore’s Keppel Offshore & Marine, the world’s largest rig builder, says it has entered into an agreement for the acquisition of Houston-headquartered Cameron International Corporation’s offshore rigs business for $100...
Singapore’s Keppel Shipyard says it is continuing to secure contracts from new and existing clients even amid the current downturn in the market driven by low oil prices. Most...
Totem Ocean Trailer Express (Totem Ocean), part of U.S. domestic carrier TOTE Maritime, has finally selected a shipyard and revealed new details about the conversion of its first Orca-class roll-on/roll-off cargo...
SINGAPORE, July 23 (Reuters) – Singapore-based conglomerate Keppel Corp Ltd’s second-quarter net profit fell 2 percent to S$396.7 million ($290.2 million) from a year earlier, weighed down by weak...
A unit of Keppel Corp. has signed a 15-year seabed exploration contract in its search for rare minerals on the seabed of the Pacific Ocean.
In 2013, Keppel Offshore & Marine was in the process of breaking the world record for most the number of offshore rigs ever delivered in a single year… they built 21....
"The fall in oil prices, the expected reduction in global oil and gas upstream spending and the projected oversupply of oil rigs has created a challenging environment," Keppel said.
Golar LNG awarded Keppel Shipyard a contract today worth approximatelyUSD $705 million to convert the 125,000 m3 LNG carrier Golar Gimi to a floating liquefaction facility (FLNGV). As the above...
"We believe that with the depleting (oil) reserves and aging (rig) fleet, the industry fundamentals are still strong," said Chief Executive Loh Chin Hua in a prepared speech to investors.
On 30 September 2014, the world’s largest cruise ship, “Oasis of the Seas”, arrived at the Keppel Verolme shipyard in Rotterdam for routine maintenance and upgrades. The scope of the...
Keppel Corporation Ltd , the world's largest builder of jackup rigs, reported on Thursday a 17 percent increase in its second-quarter net profit, propelled by gains at its core offshore and marine business.
Keppel Shipyard announced today it will be converting a newly-built, 600,000 bbl ice-class FPSO for Bumi Armada as part of the FSPO Armada Kraken project which was announced near the...
Keppel Shipyard announced today they have signed a conditional contract with Golar LNG to perform the world’s first-of-its-type conversion of an existing Moss-type LNG carrier, the Hilli, into a Floating...
As shallow-water fields around the world are reaching the end of their production lives, particularly in the Gulf of Mexico and the North Sea, the need for the plugging and...
Marine Technology Development, the ship design and development arm of Keppel Offshore & Marine has won an order today to design a 5,000 dwt subsea construction vessel (SCV) for use at...
SINGAPORE, April 10 (Reuters) – Singapore shares weakened slightly on Thursday, trailing behind other markets in Asia that were boosted by the latest Federal Reserve note of caution on raising...
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly owned subsidiary, FELS Offshore Pte Ltd, has signed a management services agreement with Titan Petrochemicals Group Limited (Titan) – a...
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