Keppel delivers Guyana’s third FPSO for ExxonMobil-led consortium
The Prosperity FPSO will be the third of four FPSOs Keppel is undertaking for deployment in Guyana.
Keppel
Keppel O&M says it has fully paid $65m in fines to Brazil authorities
Keppel Offshore & Marine (Keppel O&M) said on Monday that it has made full payment of the fines and damages payable worth 343.6 million reais (US$65 million) to Brazil under a leniency agreement that had been set out earlier.
Former Keppel O&M management warned over Petrobras bribery scandal
Singapore’s Corrupt Practices Investigation Bureau (CPIB) has issued stern warnings to six ex-senior management staff of Keppel Offshore & Marine for their alleged bribery involving contracts with Brazil’s state-owned oil company Petrobras.
Indonesia seeks investors for giant geothermal energy resources
Indonesia, home to the world’s largest geothermal energy potential, is opening tenders seeking investors to develop this giant resource, as it aims to expand the use of renewable energy to meet its net zero goals.
Keppel delivers legacy rig to ADNOC
Singapore yard Keppel O&M has delivered the first of three jack-up rigs novated by Borr Driling to ADNOC Drilling.
Chevron, Pertamina, Keppel to explore geothermal-powered hydrogen and ammonia projects
Three of East Asia’s leading energy and infrastructure groups have signed a new agreement to explore the development of green hydrogen and ammonia projects in Indonesia.
Sembcorp Marine lands $3 billion FPSO deal with Petrobras
Sembcorp Marine (SGX: S51) has landed a $3 billion contract for a newbuild FPSO for Petrobras.
Fatal accidents at Keppel yard put spotlight on migrant worker safety in Singapore
Three migrant workers have died so far this year in work-related accidents at a Singapore yard that services the global energy industry and is run by Keppel Corporation (SGX:BN4), whose clients include major international oil and gas companies.
Keppel wins another Petrobras FPSO deal worth $2.8bn
Keppel Offshore & Marine's (Keppel O&M's) subsidiary, Keppel Shipyard, has won a tender from Brazil’s national oil company, Petrobras, to carry out the engineering, procurement and construction (EPC) of P-83, a floating production, storage and offloading vessel (FPSO), in a deal worth about US$2.8 billion.
Air Liquide, Chevron, Keppel and Petrochina eye CCS in Singapore
Air Liquide, Chevron, Keppel Infrastructure, and PetroChina have announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of large-scale carbon capture, utilisation, and sequestration (CCUS) solutions and integrated infrastructure in Singapore.
Keppel confirms fatality after crane collapse at Singapore yard
Keppel Shipyard today confirmed the death of a worker who fell into the sea after a crane collapsed at its Tuas yard in Singapore on Monday. It is the third fatality at the yard this year.
Keppel O&M wins giant US$2.9bn FPSO deal from Petrobras
Keppel Offshore and Marine's (Keppel O&M's) (SGX:BN4) wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s national oil company, Petroleo Brasileiro S.A (Petrobras), for the engineering, procurement and construction (EPC) of P-80, a floating production, storage and offloading vessel (FPSO) in a deal worth about US$2.9 billion.
Singapore’s Keppel terminates three contracts as clients fail to pay
Keppel Offshore & Marine subsidiary Keppel FELS will terminate three contracts that will see the Singapore yard seize ownership of a jack-up and semi-submersible rig, that it will have the rights to sell, after clients failed to pay up.
Singapore’s Keppel wins FPU and FPSO deals worth $54m
Keppel O&M will start floating production contracts worth around S$75 million (US$54 million) for MODEC, as it prepares a floater for Woodside Energy’s Senegal project, and a separate unit for LLOG Exploration Offshore in the US.
Sembcorp Marine shareholders question Singapore yards mega merger
Singapore’s Sembcorp Marine (SGX:S51) has released the financial and operating metrics of its proposed combination with a restructured Keppel Offshore and Marine (Keppel O&M) (SGX:BN4) in a response to queries from its shareholders that fear share dilution.
Keppel’s legacy rigs heading to Middle East in $97m deal as market tightens
Singaporean yard Keppel Offshore & Marine (Keppel O&M) will send two of its jack-up rigs to Saudi Arabia in a five-year deal worth S$135 million ($97 million) as the market for rigs continues to tighten.
Keppel wins FPSO deals with BW Offshore and SBM
Singapore yard Keppel Offshore & Marine (Keppel O&M) has been awarded two integration FPSO integration contracts worth S$250 million ($180 million) from BW Offshore and Single Buoy Moorings (SBM).
Keppel, Sembcorp Marine complete merger deal to create world’s biggest oil rig builder
Sembcorp Marine has agreed to merge with Keppel Offshore & Marine in a deal that will create the world’s biggest builder of oil rigs and push the business further into renewables and alternative energy solutions. The pair are forming what could be one of the world’s largest offshore energy players worth $6.3 billion.
Singapore yard merger propels Keppel’s stock with deadline days away
The deadline for a transformative yard merger deal in Singapore between Keppel Corporation and Sembcorp Marine is just days away.
Singapore yard Keppel terminates contracts, keeps rigs
Singapore yard Keppel Offshore & Marine (Keppel O&M) is terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively. Significantly, the yard will keep the drilling units and is exploring the sale and charter of the rigs.
Is Keppel O&M and Sembcorp Marine mega-yard merger stalling?
An agreement on the proposed merger between Singapore shipyard giants Keppel Offshore & Marine (Keppel O&M) and Sembcorp Marine should be struck by the end of April 2022. However, while significant progress has been made in advancing the deal that would create a mega-yard group, the pair said yesterday there “is no guarantee that definitive agreements will be executed.”
Two workers die after accident at Singapore’s Keppel shipyard
Two workers died this week in an accident at a shipyard run by Singapore’s Keppel Corporation (SGX:BN4). The Bangladeshi men, aged 30 and 42, were reported to have fallen from a vessel in dry dock at a Tuas shipyard and were pronounced dead at the scene by paramedics.
Awilco Drilling appoints insolvency experts after losing £6.8m HMRC case
Aberdeen-headquartered Awilco Drilling has appointed insolvency experts for one of its subsidiaries after losing a £6.8 million case against HMRC.
Singapore’s Keppel O&M bags $186 million worth of contracts
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard), has been awarded contracts worth around S$250 million ($186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the enlargement of two Trailing Suction Hopper Dredgers (TSHD).
Woodside, Osaka Gas, and Keppel, team up for liquid hydrogen
Australia’s Woodside (ASX:WPL) is studying the technical and commercial feasibility of a liquid hydrogen supply chain from Western Australia to Singapore and potentially Japan.