PROCUREMENT NEWS

Singapore : Keppel O&M clinches contracts worth S$420m

Published 28 Dec 2012

KEPPEL Offshore and Marine said on Thursday that it had bagged contracts totalling S$420 million for shipbuilding and upgrading work, bringing its full-year order haul to S$9.9 billion, just shy of its 2011 record of S$10 billion.

Keppel Singmarine, which builds specialised ships, secured two contracts.

It will build a deepwater pipelay vessel for a McDermott International subsidiary called Hydro Marine Services and begin work in Q1 next year.

Keppel Singmarine will also construct a catamaran air dive support vessel for Australia-based Bhagwan Marine that will be deployed to the north west of Western Australia after it is completed in Q1 2014.

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