Keppel O&M bags deals worth S$153m
Keppel Shipyard will convert a FPSO vessel for Armada Cabaca while Keppel Nantong will build a submersible barge for Smit Shipping Singapore
Singapore
KEPPEL Offshore & Marine has secured contracts from repeat customers worth a total of S$153 million.
The deals were secured through Keppel O&M's wholly owned subsidiaries Keppel Shipyard and Keppel Nantong Shipyard. Keppel O&M is itself wholly owned by Keppel Corporation.
Keppel Shipyard's contract is for the conversion of a floating production storage and offloading (FPSO) vessel for Armada Cabaca Limited, a wholly owned unit of Bumi Armada Berhad. The latter is a Malaysia-based international offshore oilfiel…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Deutsche Bank has cut dozens in Asia private banking overhaul
Middle East violence heightens market fears of rate hikes, inflation
Tokyo's Nikkei drops more than 1,000 points, most in 3 years
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Inside TSMC chairman Mark Liu's short but impactful reign