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Keppel Amfels

Keppel AmFELS Strengthens GOM Presence

In what could be construed as a sign that good times are indeed ahead for the Gulf of Mexico offshore business, Amfels Inc. was recently renamed Keppel AmFELS, Inc. leveraging the Keppel and FELS brand names in its vision to further strengthen its presence in the Gulf of Mexico. The renaming ceremony took place on November 15, 2004, at the Keppel yard in Brownsville, Texas. Guest-of-Honour, Honourable Congressman Solomon P. Ortiz of the 27th Congressional District Texas was present to unveil the new corporate identity for AMFELS. “The FELS name embodies a proud heritage of our CAN DO! spirit and our commitment to be a provider of choice and a partner in solutions to our customers while the Keppel name is synonymous with resilience, versatility and quality, said Mr. Tong Chong Heong. “The renaming to Keppel AmFELS reflects its regional affiliation in Northern and Central America which covers USA, Canada and Mexico whose markets Keppel AmFELS is actively participating.” Particularly for Mexico, the government is planning to raise its crude oil and natural gas production in the next five years. According to a report by PEMEX, the national oil company, new investments have been planned for the development of infrastructure, exploration and production activities and offshore support equipment and vessels in order to maintain and increase its existing reserves and production levels. PEMEX’s capital expenditure has steadily increased from $5


Keppel AmFELS Delivers Third Rig to Perforadora Central

Keppel AmFELS_Papaloapan.JPG

Keppel AmFELS LLC, a wholly owned U.S. subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico’s Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record. The rig was christened at Keppel AmFELS’ yard in Brownsville, Texas by Lady Sponsor, Mrs. Gabriela Jiménez de Alvarez Morphy, wife of Mr. Luis Alvarez Morphy Camou, Director of Perforadora Central.


Keppel Signs LOI for Atwood Jackup Rig

Keppel AmFELS Inc. signed a Letter of Intent (LOI) with a wholly-owned subsidiary of Atwood Oceanic Inc. (Atwood) for the construction of a new jackup rig, due for delivery in third quarter 2008. The rig is based on the LeTourneau Super 116 design and is subject to additional modifications and final specifications in definitive agreements with Atwood. Located in Brownsville, Texas, Keppel AmFELS is one of the best-equipped offshore yards in the area


Keppel Delivers Dual-Capability Jack-Up to Rowan

Keppel FELS Limited (Keppel FELS) has delivered the first of three KFELS N-Class jack-up rigs being built for Rowan Companies, Inc. (Rowan) (NYSE: RDC) safely, on time and within budget. Built to the proprietary KFELS N-Class design, this new-generation rig is the largest jack-up to be constructed in Singapore. This rig design is the brainchild of Keppel's R&D arm, Offshore Technology Development (OTD), following Keppel's extensive experience in constructing rigs for the North Sea


Keppel FELS Delivers Rig

Keppel FELS Limited, the world leader in the construction of jackup rigs, has successfully designed and built its first KFELS MOD V “B” class ultra premium jackup drilling unit. Built for Chiles Offshore Inc. (AMEX: "COD") (CHILES), Chiles Discovery is the benchmark for a new generation of ultra premium deep-well drilling rigs. Keppel FELS received an early delivery bonus for Chiles Discovery, a testament of its excellent project management and executing capabilities


Keppel FELS' Subsidiary Gets FPSO Conversion Job

The Brazilian subsidiary of Keppel FELS Limited, FELS Setal SA, has signed a Letter of Intent with Halliburton Productos Ltd. for the marine conversion of a tanker, Stena Concordia into a Floating Production Storage and Offloading facility (FPSO). This contract, once it is finalised, will be a major step for FELS Setal, as the last time any work of this magnitude was performed in Brazil was over four years ago. It is expected to re-vitalise the offshore and marine fabrication industry in


New Appointments at Keppel Strengthen Growth

The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) wish to announce several new appointments as part of ongoing efforts to put in place a strong leadership team to continually reinforce the Group's growth strategy. Mr Michael Chia, 59, has been appointed Managing Director (Marine) of Keppel O&M and will oversee Keppel O&M's Marine Division which includes Keppel Shipyard, Keppel Singmarine and other marine-related overseas yards


Chiles Offshore Announces 4Q Results

For the quarter ended December 31, 2001, the Chiles Offshore reported net income of $7.6 million compared to net income of $4.4 million reported for the corresponding quarter ended December 31, 2000. Revenue for the quarter ended December 31, 2001, was $20.8 million compared to revenue of $16.8 million for the corresponding quarter ended December 31, 2000. For the fourth quarter they reported other income of $3.8 million relating to economic hedges regarding the anticipated future issuance


Keppel O&M Appoints Chow

The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Chow Yew Yuen (周耀源) has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Tong Chong Heong, CEO of Keppel O&M. Chow will be based in Singapore, where he will assist the CEO in all aspects of Keppel O&M, and will continue in his role as the President of the Americas for Keppel O&M, in which he oversees the group's business covering the US


Keppel, Seadrill Continue Rig Builds

The wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), Keppel FELS Limited, and Seadrill Jack-Ups Ltd have agreed to continue with the building of the two jackups on revised terms that are mutually beneficial. The contract value of the two jackups is $420m. Keppel FELS Limited and Scorpion Offshore have agreed to terminate the $405m rig contract on mutually acceptable terms. Scorpion Offshore is working closely with Keppel FELS in the latter’s exploratory


Keppel Posts Lower Q2 Profit, Warns on Rig Outlook

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion.   Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market.  


Keppel to Deliver World's First Converted FLNGV

Photo: Keppel Offshore & Marine

 Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd.  


Damen Completes Keppel Verolme Takeover

(Photo: Damen)

Damen Shiprepair & Conversion (DSC), a part of Damen Shipyards Group, said it has finalized its acquisition of the Keppel Verolme shipyard from Keppel Offshore & Marine. DSC’s acquisition of the yard follows an initial agreement made between the two parties in April of this year


Keppel Bags $85 Mln Conversion and Repair Projects

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), won four contracts worth a total of $85 million for the conversion, repair and modification of vessels.  


Keppel to Build Additional Dredgers for Jan De Nul

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Codralux S.A., a wholly-owned subsidiary of Jan De Nul Group, to build two Trailing Suction Hopper Dredgers (TSHDs)


Stolt-Nielsen Orders Small LNG Carriers

Stolt-Nielsen Limited subsidiary Stolt-Nielsen Gas B.V. (SNG) has contracted with Keppel Singmarine for the construction of two 7,500 cbm liquefied natural gas (LNG) carriers, with options to purchase three additional similar ships.  


Keppel on Track to Deliver Rig for Caspian Drilling

Photo credit: Keppel Offshore & Marine

Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semisubmersible drilling rig to Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR).


Pasha Hawaii Taps Keppel Fels to Build LNG-Fueled Boxships

A rendering of one of Pashas planned LNG fueled containerships. (CREDIT: Pasha)

Delivery of First Vessel Planned for Early 2020.   Honolulu-based Pasha Hawaii today announced that the company has selected Keppel AmFELS in Brownsville, TX, a subsidiary of Keppel Offshore & Marine (Keppel O&M) for the construction of two new Liquefied Natural Gas (LNG) fueled


BW Offshore to get FPSO from Keppe

Keppel Shipyard Ltd (Keppel Shipyard), is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to BW Catcher Limited, a wholly-owned subsidiary of BW Offshore.   When completed BW Catcher will be on a 7-year fixed term and 18 years of options contract with Premier


Damen Acquires Keppel Verolme Shipyard

Damen Shipyards Group said it has entered into an agreement with Keppel Offshore & Marine to acquire the Keppel Verolme shipyard in the Rotterdam Botlek area, in a move that further increases its activities within the regional ship repair and conversion market.


Borr Drilling Scoops up Transocean Rigs for $1.4 Bln

   Borr Drilling, founded by former executives of financially troubled Seadrill, has snapped up Transocean's fleet of shallow-water drilling rigs for $1.35 billion.   The rig market deal is Borr's biggest since it was set up last year by Tor Olav Troeim and other executives who


Singapore’s Survivability

New business: Keppel has begun building dredgers like the Cristobal Colon, seen hear outside Rio de Janeiro. (Photo: copyright Jan de Nul Offshore)

Singapore’s shipyards are looking to recent investments in capacity, design and newly acquired technology to combat order declines after a decades-long offshore buildup. Sembcorp and peer Keppel are making the most of partnerships in FLNG and showing signs they’ll be okay through the


Keppel Delivers FPSO for Brazil

Keppel Offshore & Marine’s shipyard in Brazil, BrasFELS, has delivered P-66, the first of the Replicante series of floating production storage and offloading (FPSO) units, to Tupi BV.   Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly owned subsidiary


Keppel to Deliver First FPSO of 2017

Keppel Offshore & Marine subsidiary Keppel Shipyard Ltd is on track to deliver a floating production storage and offloading (FPSO) vessel to Yinson Production (West Africa) Pte Ltd (Yinson), a subsidiary of Yinson Holdings Berhad, marking the first FPSO delivery of 2017.  


Keppel Shipyard to deliver FPSO

Photo Keppel Shipyard

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Yinson Production (West Africa) Pte Ltd (Yinson), a wholly-owned subsidiary of Yinson Holdings Berhad






 
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