News for the seafarers
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…
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…
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…
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 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…
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…
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 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…
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 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…