Despite reporting only a marginal 1% drop in profits in 2013 Keppel Offshore & Marine (Keppel O&M) found that the impact of competition on the rigbuilder was the key question at the annual results briefing of its parent Keppel Corporation.

Keppel Offshore and Marine (Keppel O&M) has secured five contracts for FPSOs and FSO projects totalling $150m. The contracts are from Bumi Armada and Shapoorji Pollonji joint-venture Armada C7, as well as Apache Energy and EMAS AMC.

Keppel FELS has embarked on a speculative build of a new design of drillship dubbed the Can Do, a long time slogan of the Singapore shipyard group.

Singapore's place in the shipyard world is one that is a testament to perseverance and innovation against some distinctly challenging odds. The marine industries were dubbed as a sunset industry for the city-state in the mid-1980's. It was not...

Keppel FELs has inked a $1.1bn deal for five jack-up rig newbuildings from repeat customer Transocean with options for five more units.

Keppel Offshore & Marine expects to maintain its leading position in the jack-up rig newbuilding market even as there is new competition from yards in China and Korea.

Keppel Offshore and Marine is to partner with Mexican national oil company Pemex to develop a $400m yard to build jack-up rigs.

Baku Shipyard was officially opened today in a ceremony attended by Azerbaijani president Ilham Aliyev and Singapore's senior minister of state for trade and industry, Lee Yi Shyan.

Keppel has secured two contracts for conversions of two Floating Production Storage and Offloading (FPSO) with a combined worth of $190m, for SBM Offshore and M3nergy Offshore.  

Keppel FELS has been awarded a $280m contract for an accommodation semi-submersible by Floatel International Ltd.