October 22, 2016 2:15 PM ET

Energy Equipment and Services

Company Overview of Keppel Offshore & Marine Limited

Company Overview

Keppel Offshore & Marine Limited, through its subsidiaries, provides offshore rig design, construction, and repair services. The company offers jackup rigs, semisubmersible rigs, floating production systems, and drillships. It engages in the upgrading and conversion of offshore rigs; design and development of rig equipment; and fabrication of offshore structures and rig components. The company also provides conversion of floating production, storage and offloading/floating storage and offloading vessels, and floating storage and re-gasification units; repairs of marine vessels, including tankers, containerships, bulkers, and LNG carriers; upgrading and life extension of vessels; jumboisation...

50 Gul Road

Singapore,  629351


Founded in 1998

30,000 Employees


65 6863 7200


65 6261 7719

Key Executives for Keppel Offshore & Marine Limited

Chief Executive Officer, Director, Chairman of Keppel Singmarine, President of Amfels (Usa) and Director of Keppel Singmarine
Age: 61
Chief Financial Officer
Age: 65
Assistant General Manager of Operations
Chairman and Chief Executive Officer of Keppel Corp
Age: 55
Director of Hse & Special Projects and Chief Executive Officer of Nakilat-Keppel Offshore & Marine
Age: 63
Compensation as of Fiscal Year 2016.

Keppel Offshore & Marine Limited Key Developments

Keppel Offshore & Marine Limited Secures Contracts to Build its First Two Dual-Fuel Diesel LNG Tugs

Keppel Offshore & Marine Ltd. has strengthened its track record in the Liquefied Natural Gas (LNG)-related business by securing contracts to build its first two dual-fuel diesel LNG harbour tugs. The two tugs are expected to use bunkering services provided by the Keppel-Royal Dutch Shell plc (Shell) joint venture company, FueLNG Ltd. (FueLNG). In addition, Keppel O&M has also entered into a Memorandum of Understanding with Shell to jointly explore potential opportunities in the LNG sector.

Keppel Offshore & Marine Limited Wins Contract from Jan De Nul Group to Build Three Trailing Suction Hopper Dredgers

Keppel Offshore & Marine Limited secured contracts from Jan De Nul Group to build three Trailing Suction Hopper Dredgers (TSHDs). The TSHDs are worth about SGD 100 million in total. The first two dredgers are expected to be completed in second half of 2018 while construction of the third dredger will require a notice within six months from Jan De Nul to exercise the option for the dredger. To be built to Jan De Nul's design, the dredgers will be able to dredge to a maximum depth of 27.6m, and have a hopper capacity of 3,500 m3. The two dredgers will be built to the requirements of classification society, Bureau Veritas, in Keppel Nantong Shipyard, a subsidiary of Keppel O&M.

Keppel Offshore & Marine Enters in to Agreement with Rosneft Oil Company and MHWirth to Set Up a Singapore Incorporated Joint Venture Company

Keppel Offshore & Marine has entered into a shareholders’ agreement with Rosneft Oil Company (Rosneft), and MHWirth, to set up a Singapore incorporated Joint Venture Company (JVCO). The shareholding of Keppel O&M, Rosneft and MHWirth in the JVCO will be 45%, 45% and 10% respectively. The JVCO will establish a wholly-owned Design and Engineering Centre (DEC) in the Russian Federation, and its principal business activities will be in relation to the design and engineering of mobile offshore drilling units (MODUs) for shallow waters to cater to the region. Both the JVCO and the DEC will, in the conduct of its business and activities, adhere to the prevailing and European Union sanctions imposed on the Russian offshore oil and gas sector.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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