Keppel Corporation News

Singapore: LNG Terminal to Develop Data Center

;s Faculty of Engineering (NUS), Singapore LNG Corporation (SLNG) and Keppel Data Centers Holdings join forces to develop new energy-efficient cooling technology for data centers.This innovation could further pave the way for more sustainable and compact data centers, said Singaporean conglomerate Keppel Corporation.With the rapid expansion of cloud-based services, AI, the Internet of Things and big data analytics, there has been an exponential demand across the globe for data centers in recent years. As the leading data center hub of Southeast Asia, Singapore accounted for around 50 per cent of the region'

Keppel Bags BRL 500 mln MODEC Project

, in the Iracema Norte Area of Lula Field in Brazil. In the past five years, BrasFELS delivered five FPSO projects safely and ahead of schedule, of which three were for MODEC. The above contract is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.  

Keppel Bags Another Liftboat Order

latest contract, Keppel's joint venture shipyard in Qatar, Nakilat-Keppel Offshore & Marine Ltd (N-KOM), is also building a similar vessel for a Qatari oilfield service company. The above contract is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year

Ocean Mineral Singapore Contract for Seabed Exploration

Mr Ong Ye Kung, Director of OMS, and was witnessed by Guest-of-Honour, Mr Masagos Zulkifli Bin Masagos Mohamad, Minister, Prime Minister's Office and Second Minister for Home Affairs and Foreign Affairs, as well as Ambassador Tommy Koh, Singapore's Ambassador-at-Large, and Mr Loh Chin Hua, CEO of Keppel Corporation. The contract signing follows the approval of OMS's application for the exploration licence for polymetallic nodules awarded by the ISA earlier on 21 July 2014. Mr Ong said, "We are encouraged by reaching another milestone in our journey to find a more sustainable way of supporting

Keppel Appoints Vestring to its Board

Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Till Vestring as Independent Director on the Company's Board with effect from 16 February 2015 Mr Vestring, 50, is a partner in Bain & Company's (Bain) Southeast Asia office. Of his 24-year career with Bain, Mr Vestring has spent over two decades in Asia advising leading companies on portfolio strategy, growth, mergers and acquisitions, merger integration, organisation and performance improvement. The companies he has advised include those in shipping, offshore & marine, industrial products, automotive, infrastru

Fifth Jackup Contract for Keppel from Gulf Drilling

and self-elevating liftboat customised for GDI. The yard also has a six-year repair and maintenance contract for GDI's fleet of jackup rigs operating in the Middle East. The above contract is not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation Limited for the current financial year

Ocean Mineral Singapore Set for Seabed Exploration

the next few months, OMS will work with ISA to finalise the terms of contract for the award of the licence. The licence will allow exploration for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific. OMS is a Singapore-incorporated company majority owned by Keppel Corporation, with UK Seabed Resources Ltd, a wholly owned subsidiary of London-based Lockheed Martin UK Holdings Ltd, and Singapore-based private investment company Lion City Capital Partners Pte. Ltd., as minority shareholders. Mr Ong Ye Kung, director of OMS, said, "We are pleased to have taken

Maersk Intrepid was delivered by Keppel in Q1 2014 (Photo courtesy Maersk)

Keppel Q1 Profits Dip Slightly

The Keppel Corporation released its limited unaudited results for the first quarter ending March31, 2014, reporting a 5% decrease in net profits to S$339 million compared to Q1 2013's S$357 million, though the company attributed the decline to one-off gains from the reversal of provision from the sale of a power barge and write-back of tax provision made by Keppel Land in Q1 2013. Earnings per share also fell, now 18.7 cents, down 6% from 1Q 2013's 19.8 cents, while economic value added decreased from S$217 million to S$151 million. The group reported cash outflow of S$395 million with annualized

The robust KFELS N Plus jackup design is an enhancement of Keppel’s proprietary KFELS N-Class design (pictured), three of which are already in operation.

Keppel to Build Jackup for China Waters

. Being selected to build a premium jackup rig for China waters is testament to our proven rig designs, reliable project execution and having a competitive total package." The above contract is not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation Limited for the current financial year. keppelfels.co

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