Keppel Offshore & Marine
Keppel Offshore & Marine is a wholly-owned subsidiary of Keppel Corporation. It offers offshore, marine, and specialised shipbuilding services.
See below for the Latest Keppel Offshore & Marine News, Analysis, Profit Results, Share Price Information, and Commentary.
Seatrium commits support for subsidiary’s bond payment obligations
Seatrium commits support for subsidiary’s bond payment obligations
The interest rate margin has lowered since 18 August.
Keppel unveils outlook for legacy rig assets under Asset Co
The company is ‘hopeful’ that monetisation of the legacy rigs can take place sooner.
Sembmarine taps Keppel O&M exec as COO
The COO has oversight over the execution of Sembmarine’s projects.
Chris Ong Leng Yeow appointed as CEO of Keppel O&M-Sembcorp Marine entity
He will also serve as a member of the transformation committee.
Amidst merger, Sembmarine says net debt to equity ratio improved
Its net debt to equity ratio enhanced to 0.26 times from 0.53 times.
Minister Rajah to clarify stern warning for Keppel O&M on next Parliament meeting
Assertions made were due to “inadequate understanding of facts,” the second minister said.
Keppel O&M to deliver third FPSO to SBM offshore
The ‘mega’ FPSO will operate offshore Guyana.
EGM on KOM merger to be held on 16 February
Shareholders’ approval on the merger will be sought in the meeting.
SGX grants approval in-principle on proposed combination on Keppel, Sembcorp Marine
Sembcorp Marine said they received the approval in-principle from the bourse.
6 former Keppel O&M senior management staff issued stern warnings over corruption
They allegedly gave US$55m bribe payments to officers of Petrobras.
Almost 100% votes cast for Keppel, Sembmarine proposed merger
The voting was conducted on 8 December 2022 during the meeting.
More large rig orders for SG shipyards expected next year
It will also be supported by oil prices.
Keppel O&M receives US$160m for delivery of 1 of 3 jackup rigs to ADNOC
The company expects to receive US$352m for all three rigs.
Keppel O&M unit inks $155m worth of bareboat charter contracts with ADES
The contract will run for five years.
Keppel O&M accelerates delivery of three jackup rigs to Borr Drilling
All three rigs will be delivered with full payments.
Keppel O&M secures $4.03b contract to build offshore vessel
The contract is for a Brazilian oil company.
Keppel O&M challenges government decision on customer claims on rig contract
The company has already filed an injunction to prohibit payment on a standby letter of credit.
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