KOMtech: Keppel Debuts New Tech Center

Monday, December 03, 2007
Keppel Offshore & Marine Limited (Keppel O&M) celebrated its fifth year with a strong net orderbook of over $8.9b, including above $4.8b of new contracts secured year-to-date. The company was established in 2002 following the restructuring and integration of the offshore and marine businesses of Keppel Corporation. Focused on technology innovation to provide viable and cost effective solutions for its customers, Keppel O&M’s proprietary technologies have generated contracts worth some $10.3b over the years, including current projects under construction. The Company has officially launched Keppel Offshore & Marine Technology Centre (KOMtech) to boost its R&D edge and position itself for long term growth. Keppel O&M will inject seed money of $103.5 million to fuel the Center’s activities over a five-year period with additional support from the Economic Development Board. “KOMtech is an extension and strengthening of current R&D initiatives undertaken by our technology units - Offshore Technology Development, Deepwater Technology Group and Marine Technology Group respectively. It will also work closely with our industry partners to conceive effective solutions for the market,” said Mr Choo Chiau Beng, Chairman & CEO of Keppel O&M. “In the long run, KOMtech’s deliverables will sustain our market leadership, and provide the quantum leap in technology and returns for the Company.” KOMtech’s scope will include managing, stimulating and carry outing R&D, product development, technology foresight, shipyard process improvement and knowledge building activities within the Keppel O&M Group. Headed by industry veteran, Mr Charles Foo, Keppel O&M’s Managing Director (Special Projects), KOMtech is staffed by a talent pool of 30 highly competent professionals. The Centre is expected to increase headcount to about 100 in the near future. Prominent researchers and leading industry specialists will also be engaged as Fellows to provide in-depth knowledge in specific fields.
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Cutter Diligence to Return

The crew of the Coast Guard Cutter Diligence is scheduled to return to their homeport in Wilmington Saturday following a 45-day patrol in the Caribbean Sea. During their patrol,

Zarmati joins Fathom

Fathom has engaged 44-year cruise industry veteran Maurice Zarmati to work with the burgeoning company. Fathom, which provides a different kind of cruise that

HMS Protector Deployed to Antarctic

Ice ship HMS Protector is heading for waters no Royal Navy vessel has visited in 80 years as she begins a marathon deployment to Antarctica. The Plymouth-based


US Senators Introduce Bill to Limit Offshore Drilling

A group of U.S. Senators on the West Coast have introduced a bill Wednesday aiming to prohibit offshore drilling on the outer continental shelf of California, Oregon and Washington.

Danish-South Korean Co-operation Strengthened

The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister

Seadrill Hopes to See Market Turn in 2017

Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.   Rig rates have more

Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2280 sec (4 req/sec)