Keppel bags two FPSO contracts worth S$73m
Fiona Lam
Singapore
KEPPEL Offshore & Marine (Keppel O&M) has, through its wholly-owned subsidiaries in Singapore and Brazil, secured two contracts worth a combined value of about S$73 million.
The contracts were awarded by Modec Offshore Production Systems (Singapore), a subsidiary of Tokyo-listed Modec Inc, which provides floating solutions for the offshore oil and gas industry.