Keppel Offshore & Marine (Keppel O&M)

Company in the news

Temasek's partial offer to unlock value in Keppel causes its share price, related counters to jump

SINGAPORE (Oct 28): On Oct 21, Temasek announced that its wholly-owned subsidiary Kyanite Investment Holdings intends to make a partial offer for a 30.55% stake in Keppel Corp, subject to certain p

Broker's Calls

CGS-CIMB buoyant on Keppel, SembMarine following news of Sete Brasil settlement

SINGAPORE (Oct 8): CGS-CIMB Research is keeping its “overweight” rating on the offshore & marine sector, following news that creditors – including Keppel Offshore & Marine (Keppel O&M)

Company in the news

Keppel reaches settlement with Sete Brasil on semisubmersible drilling rigs

SINGAPORE (Oct 7): Keppel Offshore & Marine (Keppel O&M) has finally reached a settlement with Sete Brasil over the long outstanding issue surrounding the construction of six semisubmersibl

Deals, JVs and alliances

Keppel secures $130 mil worth of contracts from repeat customers

SINGAPORE (July 16): Keppel Offshore & Marine announced that its wholly-owned subsidiaries Keppel FELS and Keppel Shipyard have secured contracts from repeat customers worth about $130 million

Corruption probe

Police raid premises of SembMarine subsidiary in Brazil

SINGAPORE (July 3): Sembcorp Marine says the Brazilian federal police conducted a raid on the premises of its subsidiary Estaleiro Jurong Aracruz Ltda (EJA).

M&A

Keppel O&M associate Floatel to merge with Prosafe to ride long downturn

SINGAPORE (June 4): Floatel International, an associated company of Keppel Offshore & Marine (Keppel O&M) which is part of the Keppel group of companies, has agreed to a merger with Prosafe

Contracts

Keppel wins contract for two offshore wind farm substations from Ørsted

SINGAPORE (May 13): Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel FELS has secured a contract from Danish renewable energy company Ørsted for two offshore wind farm

Keppel-Aibel consortium wins contract for converter stations

SINGAPORE (May 7): Keppel FELS, a subsdiary of Keppel Offshore & Marine (Keppel O&M), in a consortium with Aibel AS, has secured a contract from TenneT Offshore, a grid operator in the Neth

Contracts

Keppel wins integration and upgrading contracts worth up to $160 mil

SINGAPORE (Apr 17): Keppel Offshore & Marine (Keppel O&M) has secured integration and upgrading contracts worth a combined value of about $160 million through its wholly-owned subsidiaries.

Tech

Keppel to develop first autonomous tug for Singapore waters

SINGAPORE (Apr 9): Keppel Singmarine, a subsidiary of Keppel Offshore & Marine (Keppel O&M) which is part of the Keppel Group, is set to develop Singapore's first autonomous tug.

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