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Keppel FELS all set to ride out the downturn

It has strong order backlog; technology, proprietary designs and resilience also set it apart from the pack

Fiona Lam

Published Thu, Mar 5, 2015 · 09:50 PM

Singapore

WHEN the going gets tough, the tough gets going. And Keppel FELS has set itself on this course as the global oil rout dampens world rig demand.

"We understand what's needed to stay relevant and fighting fit," Chow Yew Yuen, chief executive of Keppel Offshore & Marine (Keppel O&M), told BT. Keppel O&M, which wholly owns Keppel FELS, is itself fully owned by Keppel Corporation.

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Companies & Markets

Companies & Markets

Keppel FELS all set to ride out the downturn

Fiona Lam

Companies & Markets

Boosted by name brand beers, Carlsberg sees higher sales

JPMorgan promotes about 150 in Asia, EMEA to managing director

Brokers’ take: Analysts upgrade iFast’s rating on higher growth expectations

Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2

L'Occitane's billionaire owner Geiger to take firm private in US$1.8 billion deal

Australian budget airline Bonza collapses, passengers stranded

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