Singapore: Keppel O&M Celebrates 10 Years of Excellence with Strong Orderbook

Keppel Offshore & Marine Ltd (Keppel O&M), a wholly-owned subsidiary of Keppel Corporation Limited, celebrated its 10th Anniversary in 2012 with a strong net orderbook of S$12.2 billion, including S$9 billion worth of new contracts secured year-to-date.

Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister for Finance of Singapore, was the Guest-of-Honour at the Anniversary event held at Gardens by the Bay, to commemorate Keppel O&M’s achievements over the last 10 years.

Mr Choo Chiau Beng, Chief Executive Officer of Keppel Corporation and Chairman of Keppel O&M said, “The past 10 years have proven that this integration strategy is right for us. By eliminating duplication and internal competition, streamlining our operations as well as harnessing synergies and combined strengths, we have maximised value for not only ourselves, but also our customers and business partners. In the process, we have grown from strength to strength.”

Keppel O&M was formed in 2002 by integrating three established offshore and marine compafnies, Keppel FELS, Keppel Shipyard and Keppel Singmarine, which have a combined heritage of over 300 years.

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Press Release, November 26, 2012