Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from Singapore-listed Falcon Energy Group Limited (Falcon Energy) through its subsidiary, FTS Derricks, to construct a KFELS Super B Class jackup rig. Mr Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of [...]
April 15, 2013 | Posted in
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Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth US$820 million. The jackup rigs will be built to Keppel’s proprietary KFELS B Class design and are scheduled for delivery progressively from 2Q 2015 to 4Q 2015. [...]
March 28, 2013 | Posted in
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Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries – Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) – have secured two contracts worth S$200 million from repeat customers. Keppel FELS Brasil’s contract is with MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint-venture company between MODEC, [...]
February 26, 2013 | Posted in
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Keppel Corporation Ltd (KCL) has announced that its subsidiary, KS Investments Pte Ltd (KSI) and its associated company, Dyna-Mac Holdings Ltd (Dyna-Mac) have entered into a shareholders’ agreement and have jointly incorporated a company in the Philippines known as Dyna-Mac Keppel Philippines, Inc. (DMKP). The shareholding interests of KSI and Dyna-Mac in DMKP are 40% [...]
February 22, 2013 | Posted in
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Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million – to bring the group’s total order wins for 2012 to S$9.9 billion. Mr Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With the strong confidence and support of new and repeat [...]
December 27, 2012 | Posted in
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Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from PEMEX Exploracion y Produccion, a subsidiary of Mexico’s national oil company, Petroleos Mexicanos (PEMEX), to build two KFELS B Class jackup rigs worth US$420 million. Scheduled for delivery in 1Q 2015, the high specification rigs will be [...]
December 12, 2012 | Posted in
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Keppel Subic Shipyard, Inc. – situated in Subic, Zambales, in Central Luzon of the Philippines – marked the start of construction works on a Depletion Compression Platform (DCP) for its customer Shell Philippines Exploration BV (SPEX) with a Strike Steel Ceremony today. When completed, the DCP will be deployed in the Malampaya gas field, near [...]
Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries, Keppel Subic Shipyard, Inc. in the Philippines and Keppel Verolme BV in the Netherlands, have secured contracts totalling S$160 million. Keppel Subic Shipyard has been awarded a contract from Shell Philippines Exploration BV (SPEX) to build a Depletion Compression Platform (DCP) to support the recovery of natural [...]
November 5, 2012 | Posted in
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Golar LNG Ltd announced Thursday, November 1 that it has reached agreement for the development of the company’s first floating liquefied natural gas vessel (FLNGV). The agreement is with Keppel Shipyard Limited and is based on the conversion of existing Moss LNG carriers of which Golar owns three potential candidates. Golar has already successfully converted [...]
November 1, 2012 | Posted in
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Keppel FELS Limited and Floatel International Ltd have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible (semi) worth US$315 million. This follows the Letter of Intent announced by Keppel and Floatel earlier in March this year. This will be Floatel’s fourth accommodation semi with Keppel FELS after the [...]