Keppel Offshore & Marine (Keppel O&M)

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. The first contract is between Keppel Shipyard and a leading operator of oil and gas production vessels for fabrication and integration work on a Floating Production Storage and Offloading (FPSO) ...
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. The project will involve modifying a 65mt tug by retrofitting advanced systems such as position manoeuvring, digital pilot vision, as well as collision detection and avoidance. An onshore command centre ...
SGX shipbuilders could gain from merger of world's 2 largest yards
SINGAPORE (Feb 4): The integration between Korean mega shipbuilders Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) spells good news for Singapore-listed shipyards. That’s because with the consolidation, Sembcorp Marine (SMM), Keppel Offshore & Marine (KEP O&M) and Yangzijiang Shipbuilding will get a chance to gain market share in the O&M ...
Keppel kept at 'buy' despite termination of $165 mil rig contract
SINGAPORE (Nov 21): CGS-CIMB Securities is keeping Keppel Corp at “buy” despite Keppel FELS having entered into a settlement agreement with an unnamed oil and gas services company to terminate a $165 million contract for integration works done on a rig. According to Keppel, the project was said to be 30% completed and Keppel FELS has been fully compensated. In a recent report, CGS-CIMB ...
Keppel O&M subsidiary wins $30 mil contract from KrisEnergy
SINGAPORE (Nov 9): Keppel Shipyard, the wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has won a production barge upgrade contract worth about $30 million for the modification and upgrading of a production barge for KrisEnergy’s wholly-owned subsidiary, SJ Production Barge. Under the terms of the contract, Keppel Shipyard’s scope of work will include installing a ...
Keppel to build another two LNG carriers for Stolt-Nielsen worth around $105 mil
SINGAPORE (Oct 7): Keppel Offshore & Marine’s subsidiary Keppel Singmarine has signed two additional contracts with Stolt-Nielsen Gas BV, a subsidiary of Stolt-Nielsen, to build two additional small-scale LNG carriers worth a total of around $105 million. Three options were granted to Stolt-Nielsen Gas as part of the original contract signed in May 2017 between Keppel Singmarine and ...
Keppel delivers second LNG-powered vessel to Keppel Smit Towage
SINGAPORE (Sept 17): Keppel Offshore & Marine announced that its specialised shipbuilding arm, Keppel Singmarine, has delivered it second dual-fuel tug capable of running on liquefied natural gas (LNG). The vessel was built for Maju Maritime, which is merged operationally with Keppel Smit Towage, and named Maju Loyalty. In a media release issued on Monday, Keppel said that the vessel ...
Keppel Offshore & Marine wins 2 contracts worth total $70 mil
SINGAPORE (July 22): Keppel Offshore & Marine (Keppel O&M) on Sunday announced it has secured two contracts in Brazil and Singapore worth a total of $70 million. First, wholly-owned subsidiary Keppel FELS Brasil has been engaged by its longstanding customer, MODEC Offshore Production Systems (Singapore), to undertake the topside module fabrication and integration of a Floating ...
Keppel delivers second jack-up rig out of the 10 ordered by Borr Drilling
SINGAPORE (June 13): Keppel Offshore & Marine’s (Keppel O&M) subsidiary, Keppel FELS, has delivered its second jack-up rig for the year to Borr Drilling’s subsidiary Borr Skald – safely, on time, and on budget. The delivery of Skald follows that of Saga earlier this year, with another eight on order. In a press release on Wednesday, Keppel O&M says the latest jack-up rig, ...
Keppel to build Southeast Asia’s first LNG bunkering vessel valued at $50 mil
SINGAPORE (June 5): Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from FueLNG to build Southeast Asia’s first Liquefied Natural Gas (LNG) bunkering vessel valued at approximately $50 million. Scheduled for completion in 3Q20, the dual-fuel LNG bunkering vessel will have a capacity of 7,500 cu m. The vessel will be ...