Keppel Offshore & Marine unit wins two contracts worth over S$65m
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
KEPPEL Offshore & Marine's (Keppel O&M) wholly owned unit, specialised shipbuilder Keppel Singmarine, has secured two contracts worth over S$65 million.
The first contract was awarded by Seaways International to build a multi-task anchor handling tug (AHT) vessel suitable for an array of offshore activities. It is due to be completed in Q2 2016, and will be the fifth AHT unit that Keppel Singmarine has built for Seaways.
The second contract was awarded by Nakilat-Keppel Offshore & Marine, a joint venture shipyard in Qatar between Qatar's premier gas shipper Nakilat and Keppel O&M, to provide technical services for the construction of a liftboat. It is the first time that Keppel Singmarine will be providing technology solutions for a liftboat.
The two contracts are not expected to have a material impact on Keppel Corporation's net tangible assets or earnings per share for the current financial year.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
