Keppel unit bags FPSO conversion contract from SBM Offshore
Deal valued at an estimated S$100m to S$150m, lifting year-to-date contract wins to S$1b
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL Corporation's shipyard unit has secured a vessel conversion contract valued at an estimated S$100 million to S$150 million from repeat customer SBM Offshore NV.
The contract is for the conversion of a very large crude carrier (VLCC) to a floating production, storage and offloading (FPSO) vessel.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report