Keppel O&M wins S$130m contracts

Singapore

KEPPEL Offshore & Marine's (O&M) two wholly-owned subsidiaries have won contracts worth a combined value of about S$130 million from two repeat customers for work on production units that will extract oil and gas from world-class field developments.

On Monday, Keppel O&M said that BrasFELS shipyard in Brazil has secured hull carry-over work for the floating production, storage and offloading vessel, P-69, from a consortium led by Petrobras.