Keppel Settles Long-Standing Bribery Case in Brazil

Singapore-based shipbuilder Keppel Offshore & Marine has reached a settlement agreement with Brazilian authorities in connection to a long-running bribery scheme during which a Keppel O&M agent paid millions of…

Singapore-based shipbuilder Keppel Offshore & Marine has reached a settlement agreement with Brazilian authorities in connection to a long-running bribery scheme during which a Keppel O&M agent paid millions of...

Keppel O&M Secures Two More Charters for Legacy Rig Fleet

Singaporean rigbuilder Keppel O&M has secured charter contracts two more of its legacy rigs. The latest contracts were awarded by ADES Saudi Limited Company for the barefoot charter of two…

Singaporean rigbuilder Keppel O&M has secured charter contracts two more of its legacy rigs. The latest contracts were awarded by ADES Saudi Limited Company for the barefoot charter of two...

Sembcorp Marine Simplifies Deal for Keppel O&M

Oct 27 (Reuters) – Singapore’s Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp’s offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19…

Oct 27 (Reuters) – Singapore’s Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp’s offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19...

Keppel Lands $2.9 Billion Contract to Construct One of the World’s Largest FPSOs

Singaporean shipbuilder Keppel Offshore & Marine has won a $2.9 billion contract to construct one of the world’s largest FPSOs for Brazil’s national oil company Petrobras. The contract covers the…

Singaporean shipbuilder Keppel Offshore & Marine has won a $2.9 billion contract to construct one of the world’s largest FPSOs for Brazil’s national oil company Petrobras. The contract covers the...

Keppel Terminates More Contracts Linked to 2010s Offshore Boom

Singaporean rigbuilder Keppel O&M has announced the termination of contracts over failure of clients to make final payments and take delivery. The terminations are the latest linked to abandoned assets…

Singaporean rigbuilder Keppel O&M has announced the termination of contracts over failure of clients to make final payments and take delivery. The terminations are the latest linked to abandoned assets...

Keppel Profit Rises Amid Rebound in Offshore and Marine Unit

By Harish Sridharan July 28 (Reuters) – Singaporean conglomerate Keppel Corp on Thursday reported a first-half profit that rose 66%, helped by higher earnings across most of its main businesses and a rebound…

By Harish Sridharan July 28 (Reuters) – Singaporean conglomerate Keppel Corp on Thursday reported a first-half profit that rose 66%, helped by higher earnings across most of its main businesses and a rebound...

Keppel O&M Secures Charters for Two Additional ‘Legacy Rigs’

Singaporean rigbuilder Keppel Offshore & Marine has signed bareboat charter contracts for two more of its “legacy” jackup rigs, the latest sign of improving conditions in the offshore driling market….

Singaporean rigbuilder Keppel Offshore & Marine has signed bareboat charter contracts for two more of its “legacy” jackup rigs, the latest sign of improving conditions in the offshore driling market....

Keppel Charters ‘Legacy’ Jack-Up Rigs as Market Conditions Improve

Singaporean rigbuilder Keppel O&M has announced bareboat charter contracts for two “legacy” jack-up rigs that it had built for another customer but never delivered. The two KFELS B Class rigs…

Singaporean rigbuilder Keppel O&M has announced bareboat charter contracts for two “legacy” jack-up rigs that it had built for another customer but never delivered. The two KFELS B Class rigs...

Keppel and Sembcorp Marine Reach Merger Deal, Creating Rig Building and Renewables Giant

By Kyunghee Park (Bloomberg) — Sembcorp Marine Ltd. has agreed to merge with Keppel Corp.’s subsidiary in a deal that will create the world’s biggest builder of oil rigs and push…

By Kyunghee Park (Bloomberg) — Sembcorp Marine Ltd. has agreed to merge with Keppel Corp.’s subsidiary in a deal that will create the world’s biggest builder of oil rigs and push...

Keppel and Sembcorp Shares Rally Ahead of Merger Deadline

By Ishika Mookerjee and Kyunghee Park (Bloomberg) — The deadline for a transformative deal between Keppel Corp. and Sembcorp Marine Ltd. is just days away.  Shares of both companies have surged…

By Ishika Mookerjee and Kyunghee Park (Bloomberg) — The deadline for a transformative deal between Keppel Corp. and Sembcorp Marine Ltd. is just days away.  Shares of both companies have surged...