The renewable energy (RE) contract win by Keppel Offshore & Marine (Keppel O&M) – the subsidiary of Keppel Corp – is likely a boost for the latter, according to CGS-CIMB Research.
See also: Has Keppel Corp bottomed?
On Oct 9, Keppel announced that Keppel O&M secured a $600 million contract for the engineering, procurement and construction of a vessel for the offshore renewable energy (RE) industry.