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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35

Winners of International Seafarers' Welfare Awards

The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The

Maritime Needs More Women Power

United Nations  International Maritime Organization (IMO) Secretary- General Ki Tack Lim pushed for the increased involvement of women in the seafaring industry

Offshore

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

Subsea 7 Announces PLSV Swap off Brazil

Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil.   The agreement will see the Subsea-7-owned

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Port Authority Ship Electronics Ship Repair Sonar 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: 0.1219 sec (8 req/sec)