Keppel Buys Global Marine Group
J.F. Lehman & Company (JFLCO), a middle-market private equity, has through its investment affiliates sold Global Marine Group (GMG) to Keppel Infrastructure Fund (KIF).With a legacy dating to 1850, GMG is one of the leading providers of subsea telecom maintenance and installation services, supporting mission-critical global communications infrastructure.Headquartered in the United Kingdom, the company serves a diverse base of customers with high-reliability solutions that ensure the integrity and performance of undersea networks worldwide.Terms of the transaction with KIF were not disclosed.
CSIRO Deploys World-First Sensors in Great Barrier Reef
of the reef, which brings in A$5.2 billion annually and generates more than 64,000 full-time jobs."We are testing our systems for monitoring the flow of sediment and dissolved organic carbon – an indicator of the carbon exchange between land and ocean – from the Fitzroy River out into Keppel Bay towards the southern region of the reef,” Dr Held said. “Too much sediment can be a problem for coastal areas surrounding the river outlet because it blocks sunlight from reaching the seafloor, restricting the growth of marine plant life like seagrass. This then impacts the food availabili
LLOG Taps InterMoor to Fabricate 12 Mooring Piles for Salamanca FPS in the Gulf of Mexico
decommissioned Independence Hub production semi for the project. "The unit, which was decommissioned in 2019 and has been in storage in Ingleside TX since, will be acquired from Genesis Energy for $40 million," WER said in its July 2022 FPS report.Credit: BOEM (file image)In August 2022, Keppel AmFELS said it had won a contract to refurbish the Salamanca floating production unit.Keppel AmFELS’ scope of work on the production facility includes demolition, hull modifications, and upgrades to key systems. Expected to be completed in 2Q 2024, the Salamanca FPU will have a capacity of
Maju 510 Tug: Singapore's First Autonomous Vessel Project Complete
Singapore's Keppel Offshore & Marine said Thursday it had completed work on the Maju 510 tug, its first autonomous vessel project."Capable of autonomous vessel navigation as well as collision detection and avoidance (CDCA), the Maju 510 tug, owned and operated by Keppel Smit Towage, is the first vessel in the world to receive the Autonomous Notation from ABS classification society," Keppel O&M said.According to Keppel O&M, the tug is the first in South Asia that can be remotely operated by joystick control. It can be controlled from the shore command center with a joystick
U.S. Offshore Wind Forecast: 45 Projects, $136B CapEx
in U.S. shipyards, each representing an investment between $250 and $500 million.” Achievement of this goal is currently behind plan.Till now only one Jones Act wind turbine installation vessel has been committed and is under construction – owned by Dominion Energy and under construction at Keppel Brownsville. Without additional domestic supply, developers will need to secure installation vessels from the international market – as Vineyard Wind has done for its project. However, although international supply of wind turbine installation vessels is growing, supply will be stretched in
Favorable Offshore Winds Blowing from the Biden Administration
to become operational in federal waters in 2020. (Deepwater Wind off Block Island, RI, is the first in state waters.)Dominion has also established a consortium to build the first Jones Act-compliant turbine installation vessel (TIV), called “Charybdis,” currently under construction in the Keppel Yard in Brownsville, TX. Role of the States and the PublicThe states along the Eastern Seaboard have played a critical role in promoting offshore wind. After all, the wind on the outer continental shelf (OCS) must come ashore to stateside power stations and integrated with the electric grid
Keppel O&M, EMA Launch Call for Smart Solutions in Offshore Sector
Singapore-based offshore rig builder Keppel Offshore & Marine has partnered up with Energy Market Authority (EMA) to develop energy solutions in the areas of distributed energy resources, digitalization and emerging low carbon alternatives.As part of the $10 million partnership, EMA and Keppel O&M are launching a grant call for solutions relating to energy storage systems and smart power grids for the offshore and marine environment. "These solutions should seek to reduce overall energy usage and carbon footprint while enhancing overall operational efficiency. The grant call serves
ABB Bags DolWin5 Gig
by as soon as 2030, with Germany planning to generate 65 percent of electric power from renewable sources by 2030, including 20GW from offshore wind farms.The high risks associated with power disruptions, require effective energy management for offshore wind plants. ABB received the order from Aibel Keppel consortium ANS5 in Norway. Aibel/Keppel FELS consortium will design, construct, and build the High Voltage Direct Current transmission system
Singapore: LNG Terminal to Develop Data Center
The National University of Singapore'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
February 2025
