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 August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest

SGS Wet Welding Repairs Approved by DNV GL

DNV GL and Subsea Global Solutions LLC (SGS) say that they have completed an extensive joint research and development program, that will allow permanent repairs

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

Offshore

Drydocks World to Participate in SMM 2014

Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding,

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Keppel T & T Appoints Lim Chin Leong to its Board

Keppel Telecommunications & Transportation Ltd (Keppel T&T) has strengthened its Board with the appointment of Mr Lim Chin Leong as an independent, non-executive

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1891 sec (5 req/sec)