August 2010 - Keppel Corporation
August 2010 - Keppel Corporation
August 2010 - Keppel Corporation
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eppel<br />
AUGUST <strong>2010</strong><br />
www.kepcorp.com/ekeppelite<br />
<strong>Keppel</strong> Group Newsletter<br />
<strong>Keppel</strong>ite<br />
Pitched for<br />
excellence 6<br />
Reaching for<br />
the sky 14<br />
Networking for<br />
young leaders 27<br />
Marching to the<br />
nation's heartbeat<br />
MICA(P) NO. 169/01/<strong>2010</strong><br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
6<br />
22<br />
14<br />
Contents<br />
SUSTAINING GROWTH<br />
Breaching new depths in offshore wind sector 4<br />
Pitched for excellence 6<br />
Strengthening business network 8<br />
Firm foundations 10<br />
New lease of life for 27-year-old rig 11<br />
Making cities sustainable and liveable 12<br />
Further progress in Tianjin Eco-City 13<br />
Reaching for the sky 14<br />
Meeting of minds 16<br />
<strong>Keppel</strong> ups stake in Subic Shipyard 17<br />
Sharing for success<br />
Reaping awards for vigilance 18<br />
Taking stock of safety 19<br />
Honouring outstanding service 20<br />
Jakarta Garden City boosts academic offerings<br />
Green honours 21<br />
SPECIAL FOCUS<br />
Building a formidable fleet 22<br />
Above the call of duty 24<br />
Lauded for best HR practices<br />
Stepping up security 25<br />
Flaming glory<br />
Par excellence 26<br />
EMPOWERING LIVES<br />
Networking for young leaders 27<br />
Roaring mane event 28<br />
One heart with the nation 30<br />
Decades of dedication 32<br />
A tale of two companies<br />
Fresh sights for new <strong>Keppel</strong>ites 33<br />
Highlights from the Clipper Race 34<br />
The sporting life 37<br />
<strong>Keppel</strong>ites Abroad<br />
Nestled in Nantong 38<br />
High spirits in Hong Kong 39<br />
Bagging book prizes<br />
United we stand 40<br />
The SAFRA-<strong>Keppel</strong> Quadthlon challenge!<br />
NURTURING COMMUNITIES<br />
Arts Kakis 41<br />
<strong>Keppel</strong> Volunteers<br />
Heavenly time in Paradise 43<br />
BACK PAGE<br />
<strong>Keppel</strong> Shipyard secures contract to modify 44<br />
FPSO OSX-1<br />
Cover image: The <strong>Keppel</strong> Contingent marching smartly into the Padang where they celebrated 45 years of<br />
nation-building with a 25,000-strong crowd.<br />
eppel<br />
Published for people in the <strong>Keppel</strong> Group by the Group Corporate Communications Division, <strong>Keppel</strong> <strong>Corporation</strong> Limited, 1 HarbourFront Ave, #18-01 <strong>Keppel</strong> Bay Tower,<br />
Singapore 098632. Printed by Image Printers Pte Ltd, Blk 1002, Redhill Industrial Estate, Jalan Bukit Merah, #03-12, Singapore 159456.<br />
Editorial Advisor<br />
Wang Look Fung<br />
Editor<br />
Say Huan Yuan<br />
Editorial Committee<br />
Andrea Lee, Ang Lai Lee, Catherine Tan, Chan Suan Sim, Cheryl Tang, Christie Lai, Chua Ying Ying, Diana Chan, Donald Sng, Elizabeth Widjaja, Eva Ho, Frances Teh, Grace Chia,<br />
Geraldine Lai, Hoo Yao Lin, Ivana Chua, Leanne Sim, Lee Wan Jun, Lim Kah Ai, Lynette Chong, Lynette Goh, Mak Chui Ling, Mohamed Yusof Mohamed, Raymond Chao,<br />
Roy Tan, Serena Toh, Teri Liew, Wong Chai Yueh, Woon Pek Yong, Vett Ramos, Yolanda Guo Ying<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong><br />
CO REG NO: 196800351N
Editorial<br />
A league all our own<br />
When New Zealand’s All Whites drew 1-1 with<br />
defending champion Italy during the group stage<br />
at the World Cup, the world drew a bewildered<br />
breath and the international media went wild.<br />
Like the New Zealand team, <strong>Keppel</strong> must draw on<br />
collective strengths and outperform competitors,<br />
even competitors who may be stronger and more<br />
experienced.<br />
Although the All Whites did not make it through<br />
to the finals, they left the field with their heads<br />
held high.<br />
They were ranked 78 in the world and were playing<br />
in the World Cup for only the second time yet they<br />
equalised with Italy and in their final game, drew<br />
with favourite Paraguay. They also finished higher<br />
than Italy and were the only team that went home<br />
undefeated.<br />
More than financial muscle, we must remind<br />
ourselves that within the Group and across the<br />
globe, we have resources, network and rich<br />
experience. We can muster and leverage these<br />
vantage points that are <strong>Keppel</strong>’s.<br />
<strong>Keppel</strong>’s four decades of scoring achievements<br />
have proven that we, too, have both the strategic<br />
leadership and united workforce to continually<br />
deliver over and above expectations.<br />
In a nutshell, New Zealand was consistently<br />
punching above its own weight in every single<br />
game it played.<br />
The All Whites’ surprising performance can be<br />
attributed to two main factors, the first being bold<br />
exemplary leadership and the second, a united<br />
team.<br />
We are led by captains of industry who have grown<br />
with the group through years of challenges and<br />
triumps and are bent on passing on their rich<br />
knowledge and experience to equip a new<br />
generation of <strong>Keppel</strong>ites. And we have a people,<br />
driven by a strong <strong>Keppel</strong> culture and spirit, who<br />
are focused on our common goal to deliver value<br />
and achieve excellence.<br />
While Captain Ryan Nelsen was defending the<br />
New Zealand goal, he had to rely on the strength<br />
and unity of his team for the rest of the field, and<br />
they did not disappoint.<br />
In the words of our <strong>Keppel</strong> Corp CEO, it’s not about<br />
star players but a stellar team at <strong>Keppel</strong> who will<br />
keep punching above its own weight to stand out<br />
in a league all its own.<br />
When faced with seeming giants, the All Whites<br />
rose to the challenge and performed in a league<br />
beyond their own.<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
4 Sustaining Growth Growth<br />
Breaching new depths in the<br />
offshore wind energy sector<br />
<strong>Keppel</strong> FELS commercialises its new wind turbine installation vessel design for<br />
deeper waters in partnership with leading fleet owner and operator, Seafox Group.<br />
<strong>Keppel</strong> FELS’s new multi-purpose self-elevating platform, KFELS MPSEP, is set to redefine the way in which offshore wind farms are installed and maintained across the world<br />
<strong>Keppel</strong> FELS’s multi-purpose<br />
self-elevating platform<br />
(MPSEP) design has been<br />
chosen by the Seafox Group<br />
(Seafox) as the basis for<br />
a new-generation wind<br />
turbine installation vessel<br />
that can withstand harsh<br />
offshore environmental<br />
conditions all year round in<br />
water depths of 65 metres<br />
(m) in the North Sea.<br />
Compared with existing<br />
wind turbine installation<br />
vessels and the majority of<br />
those under construction,<br />
the vessel using <strong>Keppel</strong> FELS’s<br />
design can operate in some<br />
45%-deeper waters, while<br />
reducing downtime even in<br />
extreme storm conditions,<br />
thus providing a potentially<br />
longer operational window.<br />
The KFELS MPSEP, designed<br />
by <strong>Keppel</strong>’s research and<br />
development arm, Offshore<br />
Technology Development,<br />
has the distinctive ability over<br />
other existing vessels to<br />
install and maintain heavy<br />
wind turbine foundations,<br />
such as the jacket and tripod<br />
types, especially in deeper<br />
waters. With a large carrying<br />
capacity of up to 12 turbines<br />
at a time, it enhances the<br />
efficiency of constructing<br />
offshore wind farms.<br />
In addition to being wellsuited<br />
for servicing offshore<br />
wind farms, it also meets<br />
all the stringent operating<br />
regulations of the offshore oil<br />
and gas industry and<br />
can support a wide range<br />
of related activities such<br />
as accommodation, well<br />
intervention, maintenance,<br />
construction and<br />
decommissioning.<br />
Mr Wong Kok Seng, ED of<br />
<strong>Keppel</strong> FELS, said, “The<br />
offshore wind energy market<br />
holds good potential for<br />
installation and maintenance<br />
vessels that can operate over<br />
long periods in deeper<br />
waters beyond 45 m.<br />
“The KFELS MPSEP will offer<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 5<br />
significant advantages in<br />
terms of safety, operations,<br />
time and cost to operators<br />
working in these harsh<br />
environments. By<br />
overcoming the typical<br />
limitations of the existing<br />
fleet in the market, this<br />
advanced vessel will redefine<br />
the way in which offshore<br />
wind farms are installed and<br />
maintained across the<br />
world.”<br />
The US$220 million KFELS<br />
MPSEP vessel will be built<br />
and owned by a 75/25 joint<br />
venture (JV) company that<br />
was formed between <strong>Keppel</strong><br />
FELS and Seafox respectively.<br />
Seafox has the option of<br />
acquiring <strong>Keppel</strong>’s stake in<br />
the JV company. The vessel<br />
is scheduled for delivery in<br />
the second half of 2012, and<br />
will be managed and<br />
operated by Workfox BV, a<br />
member of the Seafox<br />
Group.<br />
Mr Keesjan Cordia, MD of<br />
Seafox Contractors BV,<br />
added, “When completed,<br />
this groundbreaking vessel,<br />
named SEAFOX 5, will<br />
address and overcome<br />
critical technical and safety<br />
challenges faced in<br />
the construction and<br />
maintenance of wind farms<br />
in deeper waters, and carve<br />
a critical niche for Seafox<br />
and <strong>Keppel</strong>.<br />
“In developing and building<br />
this high-value asset, it is<br />
imperative for us to<br />
collaborate with the most<br />
reliable and experienced<br />
offshore partner for the job.<br />
<strong>Keppel</strong> FELS’s proven design,<br />
construction expertise and<br />
commitment to on-time and<br />
within-budget deliveries<br />
sealed our decision to<br />
partner them.”<br />
Combining <strong>Keppel</strong>’s<br />
experience as the world’s<br />
foremost rig designer and<br />
builder, and Seafox’s<br />
deep insights as a leading<br />
provider of self-elevating<br />
accommodation and<br />
maintenance support units in<br />
the North Sea, the KFELS<br />
MPSEP vessel is set to provide<br />
a highly versatile and costefficient<br />
solution for the<br />
offshore energy industry.<br />
Energy potential of offshore wind<br />
The European Wind<br />
Energy Association has<br />
set a target to achieve<br />
40 gigawatts (GW) of<br />
offshore wind in the<br />
European Union by 2020,<br />
and 150 GW by 2030.<br />
Offshore winds tend to<br />
flow at greater speeds<br />
than onshore winds, thus<br />
allowing turbines to<br />
produce more electricity.<br />
Although a good majority<br />
of existing offshore wind<br />
farms are located in water<br />
depths less than 45 m,<br />
those coming online are<br />
expected to move further<br />
offshore and into harsher<br />
environments such as the<br />
Central North Sea, where<br />
wind speeds are higher<br />
and more constant,<br />
thereby requiring more<br />
robust solutions. There is<br />
also an increasing trend<br />
towards heavier wind<br />
turbines with larger<br />
capacities.<br />
The UK expects to install<br />
about 8,000 offshore wind<br />
turbines in the next decade<br />
to achieve the Round 3<br />
offshore wind energy goal<br />
of delivering 15% of the<br />
country’s electricity needs<br />
by 2020. Of these 8,000,<br />
it is estimated that some<br />
2,700 would be required<br />
at water depths greater<br />
than 45 m. The KFELS<br />
MPSEP vessel is among<br />
the first on order<br />
worldwide that is capable<br />
of fulfilling this water<br />
depth requirement.<br />
Mr Wong added, “We have<br />
successfully developed and<br />
commercialised many<br />
proprietary concepts for the<br />
North Sea region and other<br />
challenging frontiers by<br />
partnering our trendsetting<br />
customers in the early stages<br />
of those projects.<br />
“This new KFELS MPSEP<br />
design is an example of how<br />
we have been able to<br />
leverage and apply our<br />
market knowledge and<br />
technology expertise<br />
innovatively for a variety of<br />
offshore applications.<br />
Moreover, in working with<br />
an experienced fleet owner<br />
and operating partner such<br />
as Seafox to launch our<br />
design, we will have a good<br />
head start in developing our<br />
track record as the choice<br />
solutions provider for the<br />
emerging offshore wind<br />
energy sector.” keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
6 Sustaining Growth<br />
Pitched for excellence<br />
Testament to the <strong>Keppel</strong><br />
Offshore & Marine group’s<br />
unwavering commitment<br />
to customer service and<br />
quality assurance, two recent<br />
deliveries were made on<br />
time, within budget and<br />
without incident.<br />
SAFE DELIVERY<br />
With a good safety record of<br />
2.2 million man-hours<br />
without incidents to date on<br />
West Callisto, <strong>Keppel</strong> FELS<br />
delivered the KFELS B Class<br />
jackup rig to Seadrill Limited<br />
(Seadrill) on 6 <strong>August</strong> <strong>2010</strong>.<br />
The rig was named at<br />
<strong>Keppel</strong> FELS on 24 July <strong>2010</strong><br />
by Lady Sponsor Mrs<br />
Poespawardhani Priyono,<br />
spouse of Mr R. Priyono,<br />
Chairman of BPMIGAS,<br />
Indonesia’s upstream oil and<br />
gas supervisory agency.<br />
Mr Wong Kok Seng, ED of<br />
<strong>Keppel</strong> FELS, said, “Together,<br />
<strong>Keppel</strong> and Seadrill have<br />
been setting the global<br />
standard in offshore drilling<br />
since 1993. Our win-win<br />
partnership has yielded a<br />
fleet of 14 exceptional rigs<br />
worth US$1.5 billion.<br />
“The successful construction<br />
of West Callisto is another<br />
strong testimony of the<br />
teamwork between our<br />
companies. <strong>Keppel</strong> FELS<br />
looks forward to continue<br />
supporting our valued<br />
customer Seadrill with<br />
growing its market<br />
leadership in premium<br />
rigs.”<br />
West Callisto is expected to<br />
commence development<br />
drilling operations in the<br />
Natuna Sea, Indonesia,<br />
under a nine-month contract<br />
with Premier Oil, in 3Q <strong>2010</strong>.<br />
Mr Ian Shearer, Senior VP<br />
(Jackups Asia Pacific and the<br />
Middle East) of Seadrill, said,<br />
“With each consecutive rig,<br />
we have seen continuous<br />
improvement in the<br />
construction process. Today,<br />
<strong>Keppel</strong> FELS not only builds<br />
these complex drilling rigs<br />
with impressive standards of<br />
quality, they also do so<br />
expediently such that we can<br />
rely on taking delivery ontime<br />
or ahead of schedule.<br />
“Our operational experience<br />
with the KFELS B Class has<br />
also been impressive as all<br />
our rigs have been able to<br />
start work immediately<br />
without any downtime. We<br />
expect the same, if not more,<br />
from West Callisto when she<br />
begins her assignment for<br />
our customer, Premier Oil.”<br />
Mr Wong Kok Seng, ED of <strong>Keppel</strong> FELS, handing over the rig nameplate to Mr Ian Shearer,<br />
Senior VP (Jackups Asia Pacific and the Middle East) of Seadrill<br />
West Callisto is the 32nd KFELS B Class jackup rig to enter the market<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 7<br />
WIN-WIN PARTNERSHIP<br />
For achieving a perfect safety<br />
record for Greatship Mamta,<br />
a multi-purpose platform<br />
supply & support vessel<br />
(MPSSV), <strong>Keppel</strong> Singmarine<br />
was awarded a bonus of<br />
US$10,000 by Greatship<br />
Global Offshore Services Pte.<br />
Ltd (Greatship).<br />
Mr Hoe Eng Hock, ED of<br />
<strong>Keppel</strong> Singmarine, said,<br />
“The safe and within-budget<br />
delivery of Greatship Mamta<br />
is another feather in the cap<br />
for <strong>Keppel</strong> Singmarine,<br />
demonstrating our excellent<br />
construction capabilities and<br />
commitment to meet our<br />
customers’ needs.<br />
“The safety bonus is a boost<br />
to <strong>Keppel</strong> Singmarine and<br />
we are grateful to Greatship<br />
for its partnership and<br />
confidence in us. Looking<br />
ahead, we will continue to<br />
fortify our core competencies<br />
to offer innovative solutions<br />
that will fulfil the needs of<br />
the global offshore and<br />
marine industry.”<br />
The MPSSV was named by<br />
Lady Sponsor Mrs Nimmi<br />
Suresh, wife of Mr P. V.<br />
Suresh, Group Head (New<br />
Building) of Greatship, on<br />
20 July <strong>2010</strong>. It is the third<br />
such vessel built for<br />
Greatship.<br />
The 94-metre long vessel is<br />
equipped with two units of<br />
electrically-driven 2,600<br />
kilowatt (KW) Azimuth<br />
thrusters and three units of<br />
1,050 KW tunnel thrusters<br />
to achieve a Dynamic<br />
Positioning II capability.<br />
Greatship Mamta is capable<br />
of supporting offshore<br />
exploration, production<br />
and subsea construction<br />
activities, and was built in<br />
compliance with the new<br />
Special Purpose Ship Code<br />
2008 to meet stringent<br />
standards of safety and<br />
stability.<br />
Mr Ravi K. Sheth, MD of<br />
Greatship (India), said, “We<br />
are very pleased with the<br />
excellent quality and<br />
capability of Greatship<br />
Mamta. With the successful<br />
construction of this<br />
complicated vessel, <strong>Keppel</strong><br />
Singmarine has proven itself<br />
to be a reliable and strong<br />
partner to Greatship and<br />
we are proud of it. We look<br />
forward to strengthen our<br />
win-win partnership and<br />
push new boundaries<br />
together.” keppelite<br />
Greatship Mamta is the third MPSSV delivered to Greatship and had a perfect safety record<br />
Celebrating the naming of Greatship Mamta together with management from <strong>Keppel</strong> are (fourth from left): Lady Sponsor Mrs Nimmi Suresh, Mr Ravi K. Sheth, MD of Greatship (India),<br />
spouse of Mr K. M. Sheth and Mr K. M. Sheth, Chairman of Great Eastern Shipping Group<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
8 Sustaining Growth<br />
Strengthening business network<br />
<strong>Keppel</strong> continues to deepen<br />
and widen its business and<br />
international networks as it<br />
meets foreign delegates and<br />
dignitaries, as well as local<br />
and overseas media, who are<br />
keen to gain a better<br />
perspective of the Group’s<br />
businesses and facilities.<br />
CHINESE CONNECTIONS<br />
To give a warm welcome to<br />
China’s Ambassador to<br />
Singapore, Mr Wei Wei, who<br />
had presented his credentials<br />
to President SR Nathan at the<br />
Istana in May this year, Dr Lee<br />
Boon Yang, Chairman of<br />
<strong>Keppel</strong> <strong>Corporation</strong>, hosted<br />
Mr Choo Chiau Beng, CEO of <strong>Keppel</strong> <strong>Corporation</strong> and Chairman of <strong>Keppel</strong> O&M, hosted<br />
Zhejiang Vice Governor Chen Min’er (second from left) at the <strong>Keppel</strong> FELS Pioneer Yard<br />
the Chinese ambassador at<br />
Marina at <strong>Keppel</strong> Bay on<br />
12 <strong>August</strong> <strong>2010</strong>.<br />
Before Mr Wei was<br />
appointed Ambassador to<br />
Singapore, he was with<br />
China’s Ministry of Foreign<br />
Affairs and had previously<br />
been Ambassador to Brunei.<br />
Accompanying Chairman<br />
Dr Lee were Mr Choo<br />
Chiau Beng, CEO of <strong>Keppel</strong><br />
<strong>Corporation</strong>, Mr Teo Soon<br />
Hoe, Senior ED and Group<br />
Finance Director of <strong>Keppel</strong><br />
<strong>Corporation</strong>, Mr Tong<br />
Chong Heong, ED of <strong>Keppel</strong><br />
<strong>Corporation</strong> and CEO of<br />
<strong>Keppel</strong> Offshore & Marine,<br />
Mr Kevin Wong, Group CEO<br />
of <strong>Keppel</strong> Land and Ms Wang<br />
Look Fung, GM (Group<br />
Corporate Communications)<br />
of <strong>Keppel</strong> <strong>Corporation</strong>.<br />
This year marks 20 years of<br />
bilateral relations between<br />
Singapore and China. With<br />
respect to bilateral ties, Mr<br />
Wei had expressed his hopes<br />
to see more interaction<br />
between the leaders of the<br />
two countries, as well as<br />
stronger business ties.<br />
As part of its strategic<br />
engagement with China<br />
through increased<br />
interaction at the provincial<br />
and municipal levels, <strong>Keppel</strong><br />
played host to a 20-men<br />
delegation from the Zhejiang<br />
province led by its Vice<br />
Governor, Mr Chen Min’er,<br />
on 13 <strong>August</strong> <strong>2010</strong>.<br />
The delegation first visited<br />
<strong>Keppel</strong> Offshore & Marine<br />
(<strong>Keppel</strong> O&M), where they<br />
were received by Mr Choo<br />
and given an overview of<br />
<strong>Keppel</strong>’s key businesses, in<br />
particularly its China<br />
portfolio.<br />
<strong>Keppel</strong>’s experience in<br />
spearheading investments,<br />
leveraging its international<br />
network, resources and<br />
strong branding to grow its<br />
key businesses globally were<br />
also touched upon.<br />
Dr Lee Boon Yang, Chairman of <strong>Keppel</strong> <strong>Corporation</strong>, showing Ambassador Wei around the Marina at <strong>Keppel</strong> Bay<br />
During the meeting, Vice<br />
Governor Chen shared his<br />
vision of establishing an<br />
offshore technology hub in<br />
Zhejiang and expressed<br />
keen interest to explore<br />
working with <strong>Keppel</strong>.<br />
Thereafter, the delegation<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 9<br />
Plant Manager Cheang Whye Theng giving an overview of the NEWater plant facilities to<br />
Tatarstan President Rustam Minnikhanov (third from left)<br />
With <strong>Keppel</strong>’s increased visibility in Tianjin through the Sino-Singapore Tianjin Eco-City, the<br />
Chinese media visited Singapore to better understand the Group’s businesses<br />
toured <strong>Keppel</strong> FELS’s Pioneer<br />
Yard and was visibly<br />
impressed by the complexity<br />
and sophistication of the<br />
yard’s operations.<br />
To end off the programme,<br />
a sumptuous lunch at Marina<br />
at <strong>Keppel</strong> Bay was arranged<br />
with Mr Lee Tai Kwee,<br />
President of <strong>Keppel</strong> Nantong<br />
Shipyard.<br />
TATARSTAN TIES<br />
The President of Russia’s<br />
Republic of Tatarstan,<br />
Mr Rustam Minnikhanov,<br />
led a 16-member delegation<br />
to visit the <strong>Keppel</strong> Seghers<br />
Ulu Pandan NEWater Plant<br />
on 14 <strong>August</strong> <strong>2010</strong>.<br />
Mr Minnikhanov was in<br />
Singapore for the opening<br />
ceremony of the inaugural<br />
Youth Olympic Games and<br />
had taken the opportunity to<br />
visit one of Singapore’s<br />
NEWater facilities.<br />
At the NEWater plant,<br />
<strong>Keppel</strong> Seghers, together<br />
with Public Utilities Board,<br />
Singapore’s national water<br />
agency, shared with the<br />
foreign guests how<br />
Singapore has overcome<br />
water shortages by building<br />
a diversified, robust and<br />
sustainable water supply<br />
from four different sources,<br />
also known as Singapore’s<br />
Four National Taps.<br />
Contributing to one of<br />
these four Taps is the<br />
<strong>Keppel</strong> Seghers Ulu Pandan<br />
NEWater Plant which<br />
produces high-grade<br />
reclaimed water, or NEWater.<br />
The visitors were briefed on<br />
how <strong>Keppel</strong> Seghers’<br />
advanced technological<br />
solutions enable the re-use<br />
of effluent water possible.<br />
The comprehensive sharing<br />
session left the delegation<br />
from Tatarstan, one of<br />
the most economically<br />
developed and industralised<br />
regions of Russia, with a<br />
greater understanding of<br />
how Singapore has ensured<br />
a stable, sustainable water<br />
supply capable of catering to<br />
the country’s continued<br />
growth.<br />
MEDIA MEETINGS<br />
From 4 to 7 <strong>August</strong>, <strong>Keppel</strong><br />
customised a familiarisation<br />
trip for select Tianjin property<br />
media with the aim of<br />
expanding their knowledge<br />
of <strong>Keppel</strong>’s businesses as a<br />
multinational conglomerate<br />
and its China portfolio.<br />
During their tour of <strong>Keppel</strong>’s<br />
properties, the media group<br />
was able to view the worldclass<br />
waterfront lifestyle<br />
precinct at <strong>Keppel</strong> Bay, as<br />
well as Marina Bay Financial<br />
Centre, Singapore’s largest<br />
integrated development at<br />
Marina Bay.<br />
In addition, the Tianjin media<br />
also visited <strong>Keppel</strong> Seghers<br />
Tuas Waste-to-Energy Plant<br />
and <strong>Keppel</strong> Seghers Ulu<br />
Pandan NEWater Plant to<br />
learn more about the Group’s<br />
environmental engineering<br />
businesses.<br />
Separately on 19 <strong>August</strong><br />
<strong>2010</strong>, a number of local<br />
media from Singapore were<br />
invited to tour <strong>Keppel</strong> O&M’s<br />
yard facilities for greater<br />
insights into the spectrum of<br />
products and services,<br />
making it a leading provider<br />
of offshore and marine<br />
solutions to global<br />
customers.<br />
They also had a brief<br />
introduction to the 3D<br />
engineering software utilised<br />
by engineers and project<br />
managers to visualise the<br />
components of a rig<br />
throughout the construction<br />
process.<br />
This gave the media a<br />
glimpse of how <strong>Keppel</strong> O&M<br />
takes solutions from concept<br />
to completion. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
10 Sustaining Growth<br />
Firm foundations<br />
Two keel-laying ceremonies<br />
completed at <strong>Keppel</strong> FELS<br />
recently mark the deepening<br />
friendships between the<br />
project teams of the yard and<br />
its customers.<br />
VIETNAM’S FIRST SSDT<br />
It was all smiles on the<br />
faces of senior management<br />
from <strong>Keppel</strong> FELS and<br />
PetroVietnam at the laying of<br />
the keel for Vietnam’s first<br />
semisubmersible drilling<br />
tender (SSDT) in Singapore<br />
on 2 <strong>August</strong> <strong>2010</strong>.<br />
Progressing safely, on time<br />
and within budget, the rig is<br />
expected to be delivered in<br />
4Q 2011, after which it is to<br />
begin a multi-year charter<br />
drilling development wells<br />
for PetroVietnam’s Bien<br />
Dong Production &<br />
Operating Company.<br />
The rig, which is being built<br />
to <strong>Keppel</strong>’s proven KFELS<br />
SSDT 3600E design, will<br />
help contribute towards<br />
Vietnam’s national energy<br />
development strategy to fuel<br />
socio-economic growth.<br />
The KFELS SSDT 3600E<br />
design was conferred<br />
the ASEAN Outstanding<br />
Engineering Achievement<br />
Award in December 2009 for<br />
its eco-friendly features and<br />
sustainable operations.<br />
PV Drilling, all delivered<br />
safely, ahead of schedule<br />
and within budget.<br />
ON STERN SCHEDULE<br />
Another keel at <strong>Keppel</strong> FELS<br />
was laid recently on 7 July<br />
<strong>2010</strong> for the stern section of<br />
Noble Drilling (Nederland)<br />
B.V.’s drillship, Noble Leo<br />
Segerius.<br />
The stern block is being prefabricated<br />
in Singapore for<br />
sister company, <strong>Keppel</strong> FELS<br />
Brasil, which secured the job<br />
last year to upgrade and<br />
repair three of Noble’s Brazilbased<br />
drillships.<br />
The rest of the work scope<br />
is to be undertaken at<br />
<strong>Keppel</strong>’s BrasFELS yard in<br />
Angra dos Reis, which<br />
involves the fabrication,<br />
repair and replacement of<br />
components, including the<br />
accommodation blocks,<br />
sponsons and heliport.<br />
The competencies and<br />
resources of <strong>Keppel</strong> Offshore<br />
& Marine’s network of global<br />
yards position the group<br />
as the choice partner to<br />
build, repair, upgrade and<br />
complete offshore vessels<br />
across the world safely, on<br />
time and within budget.<br />
When completed, the<br />
drillships will be deployed to<br />
offshore Brazil to meet the<br />
requirements of Petrobras’<br />
extensive drilling plans. keppelite<br />
Smiles of satisfaction by Mr Tong Chong Heong, CEO of <strong>Keppel</strong> Offshore & Marine and Mr Do<br />
Van Khanh, President and CEO of PV Drilling, as the construction of Vietnam’s first SSDT<br />
progresses on even keel<br />
Prior to the new tender assist<br />
rig, <strong>Keppel</strong> had built three<br />
KFELS B Class jackups for<br />
Senior management and project teams from <strong>Keppel</strong> FELS and Noble Drilling give the thumbs up for achieving a project milestone<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 11<br />
New lease of life for 27-year-old rig<br />
The overhaul of the rig<br />
involved the refurbishment<br />
and expansion of the living<br />
quarters. The rig also<br />
underwent major steel<br />
replacement, as well as<br />
installation of four new<br />
column sponsons for<br />
enhanced stability. Finally, a<br />
painting programme gave<br />
the rig a pristine finishing.<br />
Ian Chin, Project Manager,<br />
<strong>Keppel</strong> FELS, said, “Crucial<br />
to the success was a<br />
combination of watertight<br />
project planning and<br />
management, which<br />
enabled engineering and<br />
production work to be<br />
carried out speedily and in<br />
close tandem, safely and<br />
smoothly.”<br />
MG Hulme Jr restored to mint condition by <strong>Keppel</strong> FELS<br />
Deepwater semisubmersible<br />
drilling rig, MG Hulme Jr,<br />
plied thousands of miles<br />
from Gabon, Africa, to<br />
Singapore’s shores early this<br />
year for an overhaul<br />
programme.<br />
Despite the long distance it<br />
had to travel, Transocean, the<br />
owner of the 1983-built<br />
vessel, chose to have its<br />
special periodic survey, life<br />
extension and refurbishment<br />
programme carried out at<br />
<strong>Keppel</strong> FELS in Singapore.<br />
Restored to mint condition<br />
safely and within budget, the<br />
rig departed from the yard<br />
on 11 <strong>August</strong> <strong>2010</strong>.<br />
Mr Andy Hobbs, Project<br />
Manager, Transocean, said,<br />
“We are pleased to have<br />
performed the MG Hulme Jr<br />
<strong>2010</strong> Out-of-Service project<br />
at <strong>Keppel</strong> FELS. The entire<br />
<strong>Keppel</strong> FELS project team<br />
worked very closely and very<br />
well with the Transocean<br />
project team.<br />
“The Project Manager, and<br />
especially the Project<br />
Superintendent, deserve<br />
praise for their high level of<br />
customer service and Can<br />
Do! attitude. I believe it was<br />
a good decision to bring the<br />
MG Hulme Jr to <strong>Keppel</strong> FELS<br />
for this project.”<br />
A team of engineers was<br />
flown on location to carry<br />
out pre-engineering work.<br />
Hence, before the rig arrived<br />
in Singapore, countless<br />
sketches had already been<br />
done and converted into<br />
construction plans.<br />
This method allowed for<br />
the early engineering,<br />
procurement and<br />
prefabrication of the new<br />
accommodation tier, all<br />
ready to be integrated into<br />
the existing living quarters<br />
even ahead of rig arrival.<br />
keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
12 Sustaining Growth<br />
Making cities sustainable<br />
and liveable<br />
In conjunction with the<br />
Shanghai World Expo,<br />
the Urban Redevelopment<br />
Authority organised an<br />
urban planning forum on<br />
“Making Cities Sustainable<br />
and Liveable” in Shanghai<br />
on 30 July <strong>2010</strong> at the<br />
Pudong Shangri-La Hotel.<br />
Displaying its competencies<br />
in sustainable development<br />
and environmental<br />
engineering, the <strong>Keppel</strong><br />
Group had an exhibition<br />
booth at the Forum, which<br />
drew participation from<br />
government urban planning<br />
agencies, architects,<br />
investors and developers<br />
from both Singapore and<br />
China.<br />
Speaking at the Forum,<br />
Mr Mah Bow Tan, Minister<br />
for National Development,<br />
Singapore, shared that there<br />
is an opportunity for Asia to<br />
evolve its own model of<br />
liveable and sustainable cities<br />
for the world – cities that are<br />
vibrant yet sustainable, high<br />
in density yet liveable.<br />
China’s success in achieving<br />
both vibrant growth and<br />
liveability will make a<br />
tremendous positive impact<br />
on cities throughout Asia,<br />
including Singapore.”<br />
Amongst world-renowned<br />
architects who presented at<br />
the Forum was Mr Daniel<br />
Libeskind, who showcased<br />
Reflections at <strong>Keppel</strong> Bay<br />
as his residential masterpiece<br />
in Asia. The model of<br />
Reflections at <strong>Keppel</strong> Bay on<br />
display at the <strong>Keppel</strong> booth<br />
attracted much interest from<br />
the Chinese participants.<br />
keppelite<br />
Mr <strong>August</strong>ine Tan (centre), CEO, Singapore Residential, <strong>Keppel</strong> Land International, briefing<br />
Minister Mah Bow Tan (left) on <strong>Keppel</strong> Bay while Mr Goh Toh Sim looks on<br />
He opined that “the huge<br />
market in China, as well as<br />
the huge talent pool in<br />
China, will make Chinese<br />
cities fertile grounds for new<br />
innovations, technology and<br />
ideas to bloom and take-off.<br />
Master architect Daniel Libeskind showcased Reflections at <strong>Keppel</strong> Bay in his presentation at the urban planning forum, seen here with<br />
Mr <strong>August</strong>ine Tan (extreme right), CEO, Singapore Residential, <strong>Keppel</strong> Land International, officials from Wuxi and Mr Goh Toh Sim (extreme<br />
left), Chief Representative (China), <strong>Keppel</strong> <strong>Corporation</strong><br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 13<br />
Further progress in Tianjin Eco-City<br />
The month of <strong>August</strong> saw<br />
more progress in the Sino-<br />
Singapore Tianjin Eco-City<br />
(Tianjin Eco-City) project.<br />
FILIPINO DEVELOPER<br />
LAUNCHES FLAGSHIP<br />
PROJECT<br />
On 3 <strong>August</strong> <strong>2010</strong>, Sino-<br />
Singapore Tianjin Eco-City<br />
Investment and Development<br />
Co., Ltd. (SSTEC) joined<br />
hands with the top<br />
integrated city developer in<br />
the Philippines, Ayala Land,<br />
Inc. (Ayala Land), to develop<br />
Ayala Land’s flagship project<br />
in China.<br />
The collaboration involves<br />
a 9.78-hectare project<br />
estimated to cost RMB1.5<br />
billion which will be home to<br />
more than 1,100 households<br />
when completed in 2013.<br />
Development will commence<br />
by end <strong>2010</strong>.<br />
As part of the gateway of the<br />
Tianjin Eco-City’s Start-Up<br />
Area, this development will<br />
be among the first that<br />
visitors will see as they enter<br />
the Eco-City. Located near<br />
the commercial centre<br />
surrounding the first light rail<br />
transit station, Ayala Land’s<br />
development is strategically<br />
co-located with the Eco-<br />
City’s first international<br />
school.<br />
To be designed by leading US<br />
design consultant, AECOM,<br />
this project will strive to<br />
achieve at least the Silver-<br />
Award standard of the Eco-<br />
City’s Green Building<br />
Evaluation Standards (GBES).<br />
SSTEC and Ayala Land have<br />
also signed a Memorandum<br />
of Understanding to explore<br />
co-development<br />
opportunities in the eco-<br />
Central Business District,<br />
which will be the highlight of<br />
the Phase 2 development of<br />
the Tianjin Eco-City.<br />
SUPPORT FROM WORLD<br />
BANK<br />
In mid-<strong>August</strong>, the World<br />
Bank approved the grant of<br />
US$6.16 million from the<br />
Global Environment Facility<br />
(GEF) to China to support the<br />
development of the Tianjin<br />
Eco-City, and to help China<br />
develop a resource and<br />
energy efficient, low<br />
greenhouse gas emission<br />
model city.<br />
The grant will be used to<br />
help the local authorities<br />
establish legislative,<br />
institutional, financial, and<br />
monitoring systems to<br />
facilitate the implementation<br />
of the Eco-City’s masterplan.<br />
The promotion of green<br />
transportation and<br />
architecture is also listed as<br />
an area of focus. Established<br />
in 1991, the GEF is today the<br />
largest funder of projects<br />
that aim at improving the<br />
global environment.<br />
Jointly developed by expert<br />
teams from Singapore and<br />
China, the Eco-City’s<br />
masterplan aims for at least<br />
20% of total energy<br />
utilisation to be in the form<br />
of renewable energy<br />
by 2020.<br />
Average energy consumption per capita of the Tianjin Eco-City is expected to be more than 20% lower than that of other cities in China<br />
To achieve that aim as well<br />
as energy conservation, the<br />
Tianjin Eco-City emphasises<br />
energy efficiency in<br />
manufacturing, construction<br />
and transportation, and<br />
proactively develops and<br />
utilises wind, solar,<br />
geothermal, biofuels and<br />
other renewable sources of<br />
energy. All buildings in the<br />
Tianjin Eco-City are also<br />
required to achieve GBES<br />
grading. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
14 Sustaining Growth<br />
Reaching for the sky<br />
In an interview with The Straits Times, <strong>Keppel</strong><br />
<strong>Corporation</strong> CEO Mr Choo Chiau Beng shared<br />
how an engineering education can open up<br />
the mind to endless possibilities.<br />
With more Singapore youths<br />
preferring business-related<br />
studies over an engineering<br />
one, Mr Choo Chiau Beng<br />
recently gave a timely<br />
reminder on the merits of<br />
having an engineering<br />
education.<br />
“It is easier to learn anything<br />
after engineering,” said<br />
Mr Choo. “Engineers cannot<br />
run away from fundamental<br />
laws, for instance, the law of<br />
gravity. Everyone can see<br />
their mistakes. A bridge falls<br />
down, a building collapses,<br />
and a plane drops from the<br />
sky.”<br />
He elaborated that<br />
engineering is a broad<br />
discipline that combines<br />
science, technology and<br />
materials to meet human<br />
needs. It trains the mind to<br />
engage in life-long learning<br />
and use numbers to make a<br />
precise analysis of “what is<br />
good, better or best.”<br />
However, Mr Choo also<br />
highlighted that scientific<br />
discoveries are useless if<br />
they cannot be translated<br />
into practical applications<br />
through engineering and<br />
technology. A wellengineered<br />
product with<br />
lasting value will pass the test<br />
of time.<br />
“You can succeed if you are<br />
numerate, literate, a team<br />
player, and have the drive<br />
and energy to work hard.<br />
Engineering gives you this<br />
discipline,” said Mr Choo.<br />
“You can reach for the sky<br />
to pursue your ideals while<br />
your feet are firmly on the<br />
ground.”<br />
Mr Choo’s comments were<br />
made to The Straits Times,<br />
which was commissioned by<br />
the Singapore Economic<br />
Development Board (EDB)<br />
to develop an eight-part<br />
series entitled “Leaders of<br />
Change.”<br />
This is part of EDB’s initiative<br />
to encourage more people<br />
to take up the field of<br />
engineering. The feature<br />
on Mr Choo was published<br />
on 17 July <strong>2010</strong>.<br />
Mr Choo himself had<br />
benefitted from an<br />
engineering education. He<br />
received the Colombo Plan<br />
scholarship and graduated<br />
with First Class Honours and<br />
a Master of Science degree<br />
in naval architecture from the<br />
University of Newcastle upon<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 15<br />
Tyne. His studies taught him<br />
more than just the basics of<br />
designing, building, repairing<br />
and operating marine vessels<br />
and other structures. They<br />
also laid the foundation for<br />
him to develop the ability<br />
to make sound decisions<br />
based on first principles and<br />
reality.<br />
ship repair and conversions<br />
and specialised shipbuilding.<br />
He further highlighted that<br />
although universities are<br />
important, the role of<br />
polytechnics should not be<br />
overlooked. They train<br />
technicians and other middle<br />
management staff, helping<br />
to build Singapore’s strength<br />
in different fields of<br />
engineering and other<br />
professions. Mr Choo<br />
commented that similar to<br />
universities graduates,<br />
polytechnic graduates can<br />
also get good starting pay<br />
and build successful careers.<br />
keppelite<br />
The Straits Times noted that<br />
Mr Choo’s commitment to<br />
fundamental first principles<br />
was reflected in his career as<br />
a naval architect, corporate<br />
leader and educator.<br />
Thanks to his engineering<br />
background, Mr Choo was<br />
confident of the future of<br />
<strong>Keppel</strong> FELS even during the<br />
long depression in the<br />
offshore and marine industry<br />
in the 1980s and 1990s.<br />
“We decided that <strong>Keppel</strong><br />
FELS should stay in the<br />
business. We saw<br />
opportunities in the future,<br />
we have the expertise and<br />
when there is an upturn in<br />
the market, we can hit the<br />
ground running.<br />
“We have a very strong<br />
competitive advantage in<br />
building and designing<br />
jackups, oil rigs, specialised<br />
vessels, ship repair and<br />
conversions. If I were trained<br />
purely as a financial man,<br />
I could have sold <strong>Keppel</strong> FELS<br />
and the shipyard business for<br />
a quick return,” commented<br />
Mr Choo.<br />
Because of Mr Choo’s<br />
foresight, <strong>Keppel</strong> is now a<br />
global leader in offshore rigs,<br />
Passionate about education<br />
It is common knowledge<br />
that Mr Choo is passionate<br />
about <strong>Keppel</strong>. But a less<br />
well known fact is that he<br />
has a deep commitment<br />
towards improving the<br />
standards of education in<br />
Singapore. Mr Choo<br />
served as Chairman of<br />
Ngee Ann Polytechnic for<br />
nine years, and currently<br />
sits on the Board of<br />
Trustees of the Singapore<br />
University of Design and<br />
Technology (SUTD),<br />
Singapore’s latest<br />
university.<br />
In the interview with<br />
The Straits Times, Mr Choo<br />
said that the SUTD will<br />
train leaders of design<br />
teams who can provide<br />
engineering solutions for<br />
Singapore to compete in<br />
the global arena.<br />
He added that Singapore<br />
could offer cheap labour to<br />
attract investments from<br />
multinational companies<br />
in the past, but it cannot<br />
Training of leaders to provide engineering solutions will help Singapore compete in the<br />
global arena<br />
do this now when it is<br />
competing in the premier<br />
league of competitors.<br />
The new university, he noted,<br />
will develop people with a<br />
strong understanding of<br />
engineering, science and<br />
technology who can lead<br />
design and project teams to<br />
come up with new products,<br />
processes and innovations.<br />
Education and training of<br />
leaders will help Singapore<br />
compete in the global<br />
arena.<br />
Mr Choo noted that there<br />
was a shortage of such<br />
talents in Singapore. To<br />
meet this need, he said<br />
that the university will<br />
provide training in designs<br />
for sustainable living,<br />
architecture, products,<br />
power grids, pipes, water<br />
and other engineering,<br />
computer and information<br />
technology systems.<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
16 Sustaining Growth<br />
Meeting of minds<br />
Some 50 senior executives<br />
from across the world<br />
convened at <strong>Keppel</strong> Offshore<br />
& Marine’s (<strong>Keppel</strong> O&M)<br />
headquarters in Singapore<br />
from 10 to 11 <strong>August</strong> <strong>2010</strong><br />
for <strong>Keppel</strong> O&M’s biannual<br />
strategy meeting.<br />
The world has barely shaken<br />
off the dust of the global<br />
financial crisis when they last<br />
met in February this year. Less<br />
than six months since, the<br />
weakened foundations of<br />
economies all over have been<br />
battered again, this time, by<br />
the European credit crisis and<br />
the Gulf of Mexico oil spill.<br />
Yet, every crisis presents<br />
opportunities for those who<br />
are prepared.<br />
“We must be ready to capture<br />
the right opportunities. Jobs<br />
will not come to us directly;<br />
we must go out and get<br />
them.<br />
“We have to be more<br />
innovative, and sometimes<br />
this means having to take<br />
on more risks,” Mr Choo<br />
Chiau Beng, Chairman of<br />
<strong>Keppel</strong> O&M, said at the<br />
two-day symposium.<br />
Even amidst this challenging<br />
climate, pockets of new<br />
prospects are continuing to<br />
emerge in the offshore and<br />
marine industry.<br />
These include rig upgrades<br />
and repair works in the Gulf<br />
of Mexico, and the provision<br />
of customised solutions for<br />
the offshore wind energy<br />
sector and Brazil’s oil and<br />
gas market, to name a few.<br />
“We will need to be bolder,<br />
more imaginative and<br />
creative, working with our<br />
partners, old and new,<br />
to help bring projects to<br />
fruition. We must be<br />
prepared to look at various<br />
ways to do so,” echoed<br />
Mr Tong Chong Heong, CEO<br />
of <strong>Keppel</strong> O&M.<br />
Reflecting on the importance<br />
of a strong global presence<br />
that will continue to put the<br />
company in pole position to<br />
seize new opportunities,<br />
Mr Choo stressed, “Our Near<br />
Market, Near Customer<br />
strategy is not an option, it<br />
has become an imperative.”<br />
keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 17<br />
<strong>Keppel</strong> ups stake in Subic Shipyard<br />
<strong>Keppel</strong> <strong>Corporation</strong>, through<br />
its subsidiary <strong>Keppel</strong><br />
Philippines Marine Inc<br />
(KPMI), is raising its<br />
shareholdings in two<br />
associated companies, Subic<br />
Shipyard and Engineering<br />
Inc. (SSEI) and Consort Land,<br />
Inc. (CLI), to boost its Near<br />
Market, Near Customer<br />
strategy in the Philippines.<br />
A total cash consideration of<br />
approximately $85.7 million<br />
will be made by <strong>Keppel</strong> to<br />
raise its effective stakes from<br />
44% to 83.9% in SSEI, and<br />
from 33.7% to 38.7% in CLI.<br />
The sale and purchase of<br />
shares in both companies is<br />
expected to be completed by<br />
the end of September <strong>2010</strong>,<br />
following which SSEI will<br />
become a <strong>Keppel</strong> subsidiary.<br />
Mr Nelson Yeo, MD (Marine)<br />
of <strong>Keppel</strong> Offshore & Marine<br />
and Chairman of KPMI, said,<br />
“We have been present in<br />
the Philippines for more<br />
than three decades and are<br />
continuously improving on the<br />
safety, quality and productivity<br />
of our yards, as well as<br />
equipping them to undertake<br />
more sophisticated work to<br />
meet the increasing market<br />
demand for high value<br />
services.<br />
“The move to take a bigger<br />
share in the Subic shipyard<br />
reinforces our Near Market,<br />
Near Customer strategy to<br />
enhance the depth and<br />
breadth of our services to<br />
global customers. It also<br />
demonstrates our confidence<br />
in the offshore and marine<br />
industry. As a majority<br />
shareholder, <strong>Keppel</strong> will be in<br />
a better position to add value<br />
to the Subic shipyard and<br />
fortify our offerings to meet<br />
the growing needs of our<br />
customers.”<br />
SSEI is a leading shipyard<br />
located in Subic Bay, the<br />
Philippines, providing repair,<br />
conversion and building<br />
services to shipowners and<br />
offshore operators in the<br />
region. keppelite<br />
Sharing for success<br />
Senior management from across the Group lent their support and shared their experiences<br />
with participants at the Global Finance Managers Conference<br />
With the global economy<br />
undergoing a slow but<br />
steady recovery, it was timely<br />
for the finance executives<br />
within the <strong>Keppel</strong> Group to<br />
come together to refresh<br />
their knowledge and share<br />
working experiences.<br />
Some 230 of them from<br />
across the organisation<br />
hence gathered at the recent<br />
<strong>Keppel</strong> Global Finance<br />
Managers Conference on<br />
12 and 13 <strong>August</strong> <strong>2010</strong> to<br />
gain updates on the changes<br />
in accounting standards and<br />
development, as well as learn<br />
about other disciplines<br />
such as global tax, internal<br />
control, and listing<br />
requirements.<br />
In his opening remarks,<br />
Mr Teo Soon Hoe, Senior ED<br />
and Group Finance Director<br />
of <strong>Keppel</strong> <strong>Corporation</strong>, said,<br />
“The recent financial crisis,<br />
as well as the changing<br />
economic landscape, point<br />
to the need to possess multidisciplinary<br />
skills which will<br />
complement our existing<br />
accounting knowledge.<br />
Continuous learning and<br />
professional development<br />
are of utmost importance.<br />
At the same time, we must<br />
continue to demonstrate<br />
professionalism and uphold<br />
integrity in our workplace.”<br />
<strong>Keppel</strong> <strong>Corporation</strong> CEO<br />
Mr Choo Chiau Beng and<br />
two Board Directors also<br />
attended the Conference.<br />
Some highlights of the event<br />
were interesting sharing<br />
sessions by <strong>Keppel</strong>ites. Rich<br />
in experience, Mr Choo Chin<br />
Teck, Director of Corporate<br />
Services at <strong>Keppel</strong> Land,<br />
spoke on the evolving role of<br />
CFOs as strategic business<br />
advisers.<br />
Ex-<strong>Keppel</strong>ite Tan Chin Hwee,<br />
who was recently named<br />
one of the “Blue Chip<br />
Managers for the Next<br />
Decade” by The Hedge Fund<br />
Journal, recounted how his<br />
experiences at <strong>Keppel</strong> had<br />
helped contribute to his<br />
success in the global fund<br />
management sector. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
18 Sustaining Growth<br />
Reaping awards for vigilance<br />
Through vigilance and<br />
teamwork, the <strong>Keppel</strong> Group<br />
garnered 12 Workplace<br />
Safety and Health (WSH)<br />
Awards from the WSH<br />
Council and the Ministry of<br />
Manpower. The Offshore<br />
& Marine Division was<br />
bestowed 10 awards in all,<br />
while the Infrastructure arm<br />
received two.<br />
Taking place on 30 July <strong>2010</strong><br />
at Shangri-La Hotel in<br />
Singapore, the annual WSH<br />
Awards celebrates the best in<br />
workplace safety and health<br />
on a national level.<br />
Mr Abu Bakar, Chairman of<br />
the Inter-Business Unit Safety<br />
Committee, said,” We are<br />
very encouraged by the WSH<br />
Council’s recognition of our<br />
safety efforts. These awards<br />
also serve to spur us to take<br />
safety to an even higher<br />
level. We have taken<br />
significant steps to align and<br />
integrate initiatives across<br />
our businesses and I am<br />
pleased to see that we are<br />
getting nearer to our target<br />
where no one gets hurt.”<br />
For all-round safety<br />
performance, <strong>Keppel</strong><br />
Singmarine received the<br />
WSH Performance Silver<br />
Award for the fourth year in<br />
a row while <strong>Keppel</strong> Seghers<br />
NEWater Development<br />
bagged its first.<br />
Winning the Outstanding<br />
Achievement and Innovation<br />
Award was <strong>Keppel</strong> Sea Scan’s<br />
mobile barrier which<br />
prevents workers from falling<br />
over the edge of modular<br />
cabin tops while working on<br />
a 2.5-metre high cabin. With<br />
its quick set-up time and<br />
adjustable design for cabins<br />
of different sizes, the barrier<br />
provides a safer working<br />
environment and helps<br />
increase productivity.<br />
A WSH Award for<br />
Supervisors was also given<br />
out to Sima Ram, a foreman<br />
at <strong>Keppel</strong> FELS, who leads<br />
by example by putting in<br />
constant effort to mentor his<br />
workers on safety procedures<br />
and taking appropriate<br />
measures to reduce risks.<br />
To emphasise safety<br />
ownership, <strong>Keppel</strong> had<br />
reinforced the need to look<br />
out for one another with its<br />
Safety Starts with Me,<br />
Together We Care campaign<br />
in 2009. The campaign had<br />
introduced the Safety<br />
Buddies scheme in which<br />
workers are responsible not<br />
only for their own safety but<br />
also for those working with<br />
and around them.<br />
Of the challenges ahead,<br />
Mr Bakar added, “In our<br />
journey of achieving and<br />
sustaining our safety<br />
performance, one of our<br />
challenges is to ensure that<br />
our large and multinational<br />
workforce are able to<br />
communicate effectively<br />
with one another and imbibe<br />
the same safety standards.<br />
“We empower our<br />
workforce to remove at-risk<br />
behaviour and conditions<br />
through active observation<br />
and intervention.” keppelite<br />
<strong>Keppel</strong> winning big at the <strong>2010</strong> WSH Awards with the support of their customers and contractors<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 19<br />
Taking stock of safety<br />
Safety-related activities at<br />
<strong>Keppel</strong> Land and <strong>Keppel</strong><br />
Integrated Engineering<br />
(KIE) over the course of the<br />
year reflect the continual<br />
efforts put into ensuring a<br />
strong safety work culture<br />
by <strong>Keppel</strong>.<br />
Chairman of <strong>Keppel</strong><br />
<strong>Corporation</strong>’s Board Safety<br />
Committee Mr Sven Ullring<br />
visited the Reflections<br />
at <strong>Keppel</strong> Bay work site on<br />
19 July <strong>2010</strong> to gain an<br />
overview and better<br />
understanding of its<br />
operations and safety<br />
practices.<br />
Mr Ullring was given a<br />
comprehensive tour of the<br />
work site, where he met<br />
some workers from Woh<br />
Hup, the main contractor for<br />
Reflections at <strong>Keppel</strong> Bay,<br />
and observed how <strong>Keppel</strong>’s<br />
subcontractors also adhered<br />
diligently to the Group’s<br />
safety standards.<br />
Prior to the visit to Reflections<br />
at <strong>Keppel</strong> Bay, the <strong>Keppel</strong><br />
Land Management Safety<br />
Committee had given<br />
Mr Ullring a presentation<br />
detailing their Safety<br />
Management System.<br />
reaffirm its commitment to<br />
safety.<br />
New safety initiatives were<br />
launched at the seminar,<br />
among which was a hazard<br />
reporting programme that<br />
is designed to facilitate<br />
prompt responses and<br />
appropriate actions to all<br />
safety hazards identified by<br />
both subcontractors and<br />
employees at the shop<br />
floor.<br />
Another initiative<br />
encourages KIE’s staff to<br />
constantly take a standdown<br />
during their work to<br />
review their work conditions<br />
and EHS procedures so as to<br />
identify and eliminate any<br />
unsafe workplace practices<br />
and conditions.<br />
All these new initiatives are put<br />
in place by the management<br />
to institutionalise safety<br />
practices so that potential<br />
hazards can be detected and<br />
eliminated before they result<br />
in accidents.<br />
By the end of the seminar,<br />
the message that workplace<br />
safety requires constant<br />
vigilance by management<br />
and employees alike was<br />
reiterated. keppelite<br />
Mr Ullring engaging a construction worker about the importance of safety during his visit to<br />
the Reflections at <strong>Keppel</strong> Bay work site<br />
Separately, KIE held an<br />
Environment, Health and<br />
Safety (EHS) seminar at its<br />
headquarters on 23 July<br />
<strong>2010</strong> to take stock of its<br />
safety performance for the<br />
first half of the year and to<br />
KIE management and staff reviewed their safety performance for the half year and strengthened their commitment to safety at the<br />
KIE EHS seminar<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
20 Sustaining Growth<br />
Honouring<br />
outstanding<br />
service<br />
Jakarta Garden<br />
City boosts<br />
academic offerings<br />
Mr Tan Gee Paw (extreme left), PUB Chairman and a member of KTAP, has made significant<br />
contributions to Singapore’s water solutions<br />
Mr Tan Gee Paw, Chairman<br />
of the Public Utilities Board<br />
(PUB), Singapore’s national<br />
water agency, has been<br />
awarded the highest<br />
accolade in this year’s honour<br />
roll of National Day Award<br />
recipients; namely the<br />
Distinguished Service Order,<br />
for pioneering urban<br />
catchment areas and for his<br />
role in developing NEWater,<br />
amongst other contributions<br />
in the field of water and<br />
wastewater management.<br />
He is also a member of<br />
<strong>Keppel</strong> Technology Advisory<br />
Panel (KTAP), a group of<br />
eminent technology experts<br />
and academics who guide in<br />
the strategic leadership of<br />
the <strong>Keppel</strong> Group’s focus on<br />
technology and innovation.<br />
The National Day Awards<br />
are awarded to individuals in<br />
recognition of their merits<br />
and services to Singapore in<br />
public service or community<br />
work.<br />
Mr Tan is no stranger to these<br />
Awards. In 1978, he was<br />
conferred the Public<br />
Administrative Medal (Silver),<br />
as well as the Meritorious<br />
Service Medal in 2001.<br />
In his 40 years of service<br />
in the public sector, Mr Tan<br />
has made significant<br />
contributions to Singapore’s<br />
environmental and water<br />
solutions. These include<br />
assisting in answering the<br />
nation’s flooding problems<br />
and introducing major<br />
initiatives to ensure<br />
Singapore’s long-term<br />
sufficiency of water supply.<br />
keppelite<br />
Prestigious international<br />
institution Sekolah Global<br />
Mandiri is the latest addition<br />
to Jakarta Garden City,<br />
<strong>Keppel</strong> Land’s integrated<br />
eco-township located in East<br />
Jakarta, Indonesia.<br />
To celebrate the grand<br />
opening of a kindergarten<br />
and primary schools on<br />
11 July <strong>2010</strong>, a tree planting<br />
ceremony by Mr Lim Seng<br />
Bin, GM (Indonesia) of<br />
<strong>Keppel</strong> Land and President<br />
Director of Jakarta Garden<br />
City, Mr Marius Hery Setiadi,<br />
Director of Jakarta Garden<br />
City, and Sekolah Global<br />
Mandiri’s board of directors<br />
was conducted in the<br />
presence of over 160<br />
residents and guests.<br />
Mr Lim said, “Sekolah Global<br />
Mandiri’s decision to operate<br />
in Jakarta Garden City is a<br />
vote of confidence on<br />
the attractiveness of our<br />
township, be it for residential<br />
or business purposes. We are<br />
making good progress in<br />
attracting quality partners to<br />
build this eco-township with<br />
us and will be making more<br />
announcements in the<br />
coming months.”<br />
Dr Suheriatmono, founder of<br />
Sekolah Global Mandiri,<br />
added, “Jakarta Garden City<br />
has an excellent location.<br />
With its secure and floodfree<br />
environment, ample<br />
amenities and access to a<br />
convenient transportation<br />
network, we are confident<br />
the township will continue<br />
to attract more families<br />
to reside here. We are<br />
committed to provide a<br />
quality and well-rounded<br />
education for the young<br />
residents of Jakarta Garden<br />
City.” keppelite<br />
Taking part in the tree planting ceremony<br />
were (from left) Mr Marius Hery Setiadi,<br />
Director of Jakarta Garden City, Mr Lim<br />
Seng Bin, GM (Indonesia) of <strong>Keppel</strong> Land<br />
and President Director of Jakarta Garden<br />
City, and Dr Suheriatmono, founder of<br />
Sekolah Global Mandiri<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 21<br />
Green honours<br />
<strong>Keppel</strong> Land’s unwavering commitment to ensure that its operations and<br />
developments contribute to a sustainable future has been recognised regionally.<br />
Another <strong>Keppel</strong> Land<br />
development, Hotel Sedona<br />
Manado in Indonesia,<br />
was recognised for its<br />
proactive and innovative<br />
environmentally responsible<br />
management practices.<br />
The hotel clinched the first<br />
runner-up place in the<br />
ASEAN Best Practice<br />
Competition for Energy<br />
Management in Building and<br />
Industry (Small and Medium<br />
category).<br />
Lauded for going green: Mr Choo Chin Teck, Director (Corporate Services) of <strong>Keppel</strong> Land (centre), received the Merit Award from Mr Gwee<br />
Seng Kwong, Secretary General of SMa (extreme left) and Mr Howard Shaw, ED of the Singapore Environment Council at the Singapore<br />
Environmental Achievement Awards<br />
Conferred at the ASEAN<br />
Energy Awards on 22 July<br />
<strong>2010</strong>, the award comes<br />
shortly after the hotel was<br />
lauded for Best in Green and<br />
Environment Practices by<br />
the Government of North<br />
Sulawesi on 24 June <strong>2010</strong>.<br />
This year’s Singapore<br />
Environmental Achievement<br />
Awards saw <strong>Keppel</strong> Land<br />
walking away with a Merit<br />
Award in the Services<br />
category for its excellence in<br />
corporate environmental<br />
leadership at an awards<br />
ceremony on 3 <strong>August</strong> <strong>2010</strong>.<br />
The judges were impressed<br />
by Ocean Financial Centre’s<br />
green features which can<br />
help achieve overall energy<br />
savings of 35%, save<br />
42 million litres of water<br />
which is equivalent to the<br />
amount needed to fill 21<br />
Olympic-size swimming<br />
pools, as well as save more<br />
than 10,000 trees annually<br />
through reduction in paper<br />
usage.<br />
Innovative green features<br />
and measures include<br />
harvesting rain water for<br />
irrigation of rooftop gardens,<br />
recycling of condensate for<br />
the cooling tower, and the<br />
use of water-efficient tap<br />
fittings and a paper-recycling<br />
chute.<br />
Ocean Financial Centre is also<br />
the first office development in<br />
Singapore’s Central Business<br />
District to be presented the<br />
Building and Construction<br />
Authority Platinum Green<br />
Mark Award, and the first<br />
high-rise office development<br />
in Southeast Asia to achieve<br />
the Platinum Level LEED-CS<br />
pre-certification.<br />
When completed in the<br />
second quarter of 2011, it<br />
will be one of the largest<br />
office developments in<br />
Raffles Place providing<br />
about 850,000 sf of columnfree<br />
Grade A office space<br />
with premium fittings and<br />
finishings, as well as stateof-the-art<br />
environmental<br />
features.<br />
In the past year, the<br />
management and staff of<br />
Hotel Sedona Manado<br />
have worked closely<br />
to conceptualise and<br />
implement an energy saving<br />
and green management<br />
programme.<br />
By re-examining and<br />
streamlining operations<br />
such as rescheduling<br />
laundry operation hours, the<br />
hotel has seen a daily<br />
reduction of 100 litres of<br />
diesel consumption in<br />
transportation, which can<br />
help to achieve savings of<br />
US$25,550 per year. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
22 Special Focus<br />
Building a formidable fleet<br />
<strong>Keppel</strong> FELS is on track to deliver ENSCO 8503, the fourth of seven ENSCO 8500<br />
Series ® semisubmersible drilling rigs being built exclusively for Ensco plc (Ensco).<br />
US$3 billion ENSCO 8500<br />
Series ® seven-rig fleet,<br />
<strong>Keppel</strong> FELS has trimmed<br />
construction lead time by<br />
about one million manhours,<br />
compared to the first<br />
unit.<br />
Mr Tong Chong Heong, CEO<br />
of <strong>Keppel</strong> Offshore & Marine<br />
(<strong>Keppel</strong> O&M), said, “<strong>Keppel</strong><br />
has grown with Ensco over<br />
the years and witnessed its<br />
rise from a fledging energy<br />
company to a premier global<br />
offshore drilling contractor<br />
with a formidable fleet of<br />
premium rigs across the<br />
world.<br />
Dr Lee Boon Yang, Chairman of <strong>Keppel</strong> <strong>Corporation</strong> (left), and Mr Dan W. Rabun, Chairman, President and CEO of Ensco (second from right),<br />
presented a joint donation to Students Care Service, received by its ED Ms Morene Sim (right), and witnessed by Guest-of-Honour,<br />
Ms Ho Ching, ED and CEO of Temasek Holdings<br />
ENSCO 8503 was named at<br />
<strong>Keppel</strong> FELS on 7 <strong>August</strong><br />
<strong>2010</strong> by Lady Sponsor,<br />
Mrs Cynthia Bryant, spouse<br />
of Mr Joseph H. Bryant,<br />
Chairman and CEO of Cobalt<br />
International Energy, L.P., in<br />
the presence of Guest-of-<br />
Honour, Ms Ho Ching, ED<br />
and CEO of Temasek<br />
Holdings Pte Ltd.<br />
Ms Ho Ching shared, “The<br />
collaboration with Ensco<br />
over the last two decades has<br />
enabled <strong>Keppel</strong> FELS to hone<br />
its construction and<br />
engineering competencies,<br />
human capital development,<br />
and safety programmes,<br />
burnishing its reputation as<br />
a leading rigbuilder.<br />
“<strong>Keppel</strong> FELS’s execution<br />
capabilities and track<br />
record have given it a strong<br />
edge overseas, and done<br />
Singapore proud.”<br />
Mr Daniel W. Rabun, Ensco’s<br />
Chairman, President and<br />
CEO, said, “Given our longterm<br />
relationship and<br />
confidence in <strong>Keppel</strong> FELS,<br />
Ensco has awarded <strong>Keppel</strong><br />
FELS contracts for all seven<br />
rigs in the ENSCO 8500<br />
Series ® .<br />
“Like her preceding sister<br />
rigs, ENSCO 8503 and the<br />
remaining three rigs being<br />
built are reaping progressive<br />
productivity gains, due to<br />
<strong>Keppel</strong> FELS’s accumulated<br />
experience and collaboration<br />
with Ensco.”<br />
Over the course of<br />
completing the first four<br />
units of the more than<br />
“Through the ENSCO 8500<br />
Series ® programme, we have<br />
sharpened our engineering<br />
edge and construction<br />
methodology. This has<br />
culminated in the<br />
exceptional safety record and<br />
significant productivity<br />
improvements achieved in<br />
building ENSCO 8503.”<br />
ENSCO 8503 is scheduled to<br />
commence a two-year<br />
primary term with Cobalt<br />
International Energy, L.P. in<br />
the Gulf of Mexico in early<br />
2011.<br />
BACK IN ACTION<br />
Pioneer rigs in the ENSCO<br />
8500 Series ® built by <strong>Keppel</strong><br />
FELS have been re-certified to<br />
work in the Gulf of Mexico<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
23<br />
under new US regulations<br />
in the aftermath of BP’s<br />
Macondo well blowout. The<br />
third and brand-new ENSCO<br />
8502 has also passed its<br />
marine safety tests with<br />
flying colours to be permitted<br />
for work in the Gulf.<br />
Mr Rabun said, “ENSCO<br />
8500 and ENSCO 8501 are<br />
the first two deepwater<br />
rigs to be certified by the<br />
Bureau of Ocean Energy<br />
Management Regulation<br />
and Enforcement under<br />
the new regulatory<br />
framework, and we<br />
anticipate similar success in<br />
achieving certification for<br />
ENSCO 8503.” keppelite<br />
Deployed to aid spill response<br />
As the offshore drilling<br />
industry is set to operate<br />
under a stricter regulatory<br />
environment in the Gulf of<br />
Mexico where stringent<br />
compliance with best oil field<br />
practices will be the<br />
minimum standard, <strong>Keppel</strong><br />
O&M stands ready to<br />
support clients who need to<br />
meet these new<br />
requirements through its<br />
global network of yards and<br />
expertise.<br />
Two <strong>Keppel</strong>-built rigs are<br />
currently deployed in the<br />
Deepwater Horizon spill<br />
response in the Gulf region.<br />
They are deepwater<br />
semisubmersible drilling rig,<br />
Development Driller III, and<br />
semisubmersible service<br />
platform, Q4000, which<br />
were built by <strong>Keppel</strong> FELS<br />
in Singapore and <strong>Keppel</strong><br />
AmFELS in the US<br />
respectively.<br />
Since its deployment on<br />
2 May <strong>2010</strong>, Development<br />
Driller III has carried out its<br />
work expediently in<br />
intercepting the Macondo<br />
well. Thereafter, the crew<br />
onboard will verify<br />
whether the Macondo well<br />
has been successfully<br />
cemented at the top, and<br />
will then proceed with a<br />
bottom kill and final<br />
cement job.<br />
The Q4000 is presently<br />
performing the static kill<br />
operation to plug the<br />
Macondo well from the<br />
top. It is doing so by<br />
pumping mud into the well<br />
at various stages as the<br />
crew monitor and control<br />
the pressure levels in the<br />
well. To date, Q4000 has<br />
pumped about 2,300<br />
barrels of mud into the<br />
well to push the oil back<br />
into the reservoir.<br />
When all seven ENSCO 8500 Series ® semisubmersible drilling rigs are completed, <strong>Keppel</strong>-built<br />
rigs will make up a third of the leading driller’s premium fleet<br />
I am very heartened to learn that<br />
the first two ENSCO 8500 Series ®<br />
units, ENSCO 8500 and 8501,<br />
which we delivered, have become<br />
the only two deepwater rigs to be<br />
re-permitted to return to drill in the<br />
Gulf of Mexico under the new and<br />
stringent requirements imposed by<br />
the US government.<br />
Mr Tong Chong Heong<br />
CEO<br />
<strong>Keppel</strong> O&M<br />
<strong>Keppel</strong>-built rigs, Development Driller III (foreground) and Q4000 (red hull), continue to<br />
perform well in the spill response in the Gulf of Mexico<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
24 Sustaining Growth<br />
Above the call of duty<br />
Employers play an important<br />
and supportive role in the<br />
defence of Singapore. As a<br />
homegrown multinational<br />
company, <strong>Keppel</strong> has always<br />
been actively and tirelessly<br />
contributing to nation and<br />
people building.<br />
Its efforts in supporting<br />
Singapore’s Total Defence<br />
were recognised once again<br />
when <strong>Keppel</strong> Shipyard was<br />
conferred the highest<br />
accolade – the Minister for<br />
Defence Award – while<br />
<strong>Keppel</strong> Logistics received the<br />
Meritorious Defence Partner<br />
Award at the annual Total<br />
Defence Awards banquet<br />
hosted by the Ministry of<br />
Defence on 28 July <strong>2010</strong>.<br />
Mr Abu Bakar, Senior GM<br />
(Operations) of <strong>Keppel</strong><br />
Shipyard, said, “As a<br />
global leader in our key<br />
businesses, we understand<br />
the importance of having<br />
sustainable operations. As<br />
we strive to create a safe<br />
workplace for our workforce,<br />
we also seek to help make<br />
Singapore a secure country<br />
where people and businesses<br />
can flourish.<br />
“Our global reputation and<br />
track record for reliable<br />
operations and services,<br />
as well as customers’<br />
confidence in our ability<br />
to deliver on contractual<br />
promises depend on this.<br />
We will spare no effort in<br />
ensuring the safety and<br />
security of our people<br />
by playing our part in<br />
Singapore’s Total Defence.”<br />
This is <strong>Keppel</strong> Shipyard’s 19th<br />
and <strong>Keppel</strong> Logistics’ third<br />
Total Defence award. On top<br />
of giving full support to the<br />
country’s Operationally-<br />
Ready National Servicemen,<br />
<strong>Keppel</strong> has in place an<br />
effective risk management<br />
framework that provides a<br />
systematic and holistic<br />
process to mitigate critical<br />
threats and ensure normal<br />
operations. keppelite<br />
Mr Abu Bakar (left) receiving the Minister for<br />
Defence Award from Deputy Prime Minister<br />
and Minister for Defence Mr Teo Chee Hean<br />
Lauded for best HR practices<br />
<strong>Keppel</strong> Land’s efforts in human capital<br />
management was lauded at the Singapore<br />
Human Resources Awards<br />
<strong>Keppel</strong> Land was recently<br />
recognised for its efforts in<br />
human capital management<br />
at the Singapore Human<br />
Resources (HR) Awards on<br />
2 July <strong>2010</strong>.<br />
Organised annually by the<br />
Singapore Human Resources<br />
Institute, the Awards honour<br />
and recognise individuals<br />
and organisations that<br />
have made significant<br />
contributions in enhancing<br />
people and human<br />
capital management and<br />
development practices.<br />
It also serves as a platform<br />
to promote and encourage<br />
people excellence by<br />
highlighting best practices.<br />
<strong>Keppel</strong> Land received<br />
awards in the Corporate<br />
Social Responsibility<br />
(Leading), Performance<br />
Management (Special<br />
Mention) and E-HR<br />
Management (Special<br />
Mention) categories.<br />
Mr Chan Kam Fai, GM of HR<br />
at <strong>Keppel</strong> Land, said, “We<br />
recognise the importance of<br />
human capital management<br />
and are committed to uphold<br />
<strong>Keppel</strong>’s core value of<br />
people-centredness.<br />
“We are delighted to receive<br />
the awards as they are<br />
recognition that we are in<br />
the right direction towards<br />
human capital management<br />
excellence. We will persevere<br />
in our quest to be an<br />
employer of choice, with<br />
a focus on career growth and<br />
personal development<br />
opportunities.<br />
“Our achievements thus far<br />
would not have been<br />
possible without the close<br />
collaboration between HR<br />
and our business and<br />
functional units.” keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Sustaining Growth 25<br />
Stepping up security<br />
A familiarisation tour of the newly installed surveillance system was conducted at the security<br />
checkpoint for <strong>Keppel</strong> FELS management and guests<br />
In a bid to beef up its security<br />
measures, <strong>Keppel</strong> FELS<br />
launched a Wireless Internet<br />
Protocol (IP) Smart<br />
Surveillance system on<br />
2 July <strong>2010</strong>. It is the first<br />
offshore company in<br />
Singapore to have a resilient,<br />
all-weather wireless<br />
surveillance system.<br />
Anthony Toh, <strong>Keppel</strong><br />
Offshore & Marine’s (<strong>Keppel</strong><br />
O&M) Group Security Senior<br />
Manager, shared, “Taking<br />
security seriously is part of<br />
<strong>Keppel</strong> FELS’s ongoing efforts<br />
to ensure the safety of its<br />
employees, business and<br />
operations.<br />
“<strong>Keppel</strong> O&M Group<br />
Information Systems has<br />
provided that platform for us<br />
to harness the integration of<br />
Smart Surveillance solution<br />
with Outdoor Wireless Mesh<br />
Technology. Wireless<br />
surveillance is an efficient<br />
and essential measure to<br />
prevent crimes and ensure<br />
business continuity.”<br />
The Smart IP Surveillance<br />
system detects illegal<br />
intrusions or unattended<br />
objects, alerting the security<br />
personnel when such<br />
instances happen. About<br />
70% of the cameras installed<br />
in the yard are connected<br />
wirelessly. With the wireless<br />
infrastructure in place, the<br />
system is immediately<br />
scalable for future needs.<br />
keppelite<br />
Flaming glory<br />
On 13 <strong>August</strong> <strong>2010</strong>,<br />
history was made when<br />
the Youth Olympic Flame<br />
arrived at its final destination<br />
in Singapore, the<br />
Promontory@Marina Bay,<br />
after an intense 21-day<br />
journey round the world<br />
from Athens, Greece.<br />
Prior to that, the Flame had<br />
made a six-day passage<br />
around the island-state with<br />
people from all walks of life<br />
having had the privilege of<br />
being its torch bearer. <strong>Keppel</strong><br />
too, was part of this<br />
momentous event when<br />
Mr Rob Garman, Director of<br />
Marina Bay Financial Centre,<br />
participated in the Singapore<br />
leg of the Flame’s journey.<br />
Marina Bay Financial Centre,<br />
one of the Games’ sponsors,<br />
also took part in a lights<br />
display with other prominent<br />
buildings in the precinct<br />
during the inaugural Youth<br />
Olympic Games (YOG)<br />
opening ceremony on<br />
14 <strong>August</strong> <strong>2010</strong>.<br />
Mr Garman shared, “Marina<br />
Bay Financial Centre takes<br />
pride in being a key<br />
development in the Marina<br />
Bay area and we are very<br />
excited to be a part of such<br />
a special event. I am happy<br />
to have represented Marina<br />
Bay Financial Centre in the<br />
torch relay as it was definitely<br />
one of the highlights of the<br />
Games.”<br />
The total stretch of the<br />
business leg of the relay is<br />
about 24 kilometres, which<br />
started from the YOG<br />
Organising Committee<br />
headquarters in Kay Siang<br />
Road to Promontory@Marina<br />
Bay, after routing through<br />
Tanglin, Orchard, Bras Basah,<br />
Suntec and Raffles Place.<br />
keppelite<br />
Mr Rob Garman, Director of Marina Bay Financial<br />
Centre, holding the torch high for Singapore<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
26 Sustaining Growth<br />
Par excellence<br />
For the second year running,<br />
Ocean Towers and K-REIT<br />
Asia held a Combined Golf<br />
Tournament to celebrate<br />
another year of good<br />
business relationships with<br />
tenants and customers. This<br />
is the 35th and fifth golf<br />
tournament that Ocean<br />
Towers and K-REIT Asia are<br />
organising respectively.<br />
Held on the lush greens of<br />
Sentosa Golf Club’s Tanjong<br />
Course on 20 <strong>August</strong> <strong>2010</strong>,<br />
tenants and business<br />
associates of Ocean Towers<br />
and K-REIT Asia were greeted<br />
with a slight drizzle when<br />
they arrived at the golf<br />
course, but remained<br />
undeterred in spirits.<br />
In spite of the gloomy sky,<br />
the looks of excitement on<br />
the faces of the participants<br />
stayed as all looked forward<br />
to a cooling afternoon of golf<br />
and networking. Towards the<br />
evening, their perseverance<br />
was rewarded by a lavish<br />
buffet dinner during which<br />
announcements of the<br />
tournament and lucky draw<br />
prize winners were made.<br />
Mrs Lim Hock San, wife of<br />
<strong>Keppel</strong> <strong>Corporation</strong>’s Board<br />
Deputy Chairman, was all<br />
smiles as she received the<br />
Best Lady Golfer trophy from<br />
Ms Ng Hsueh Ling, CEO of<br />
K-REIT Asia.<br />
from The McGraw-Hill<br />
Companies, Inc., consisting<br />
of Mr WK Chan, Mr Patrick<br />
Chan, Mr Tan Chek Kian and<br />
Mr Lim Joo Hock, claimed the<br />
Best Team trophy.<br />
Walking away with the grand<br />
lucky draw prize, a pair of<br />
return Cathay Pacific air<br />
tickets to Hong Kong with a<br />
two-night stay at Park Hotel,<br />
was a very delighted Mr Tay<br />
Swee Seng.<br />
Mr Ang Tian Yu from<br />
GE Pacific Pte Ltd, a tenant<br />
of <strong>Keppel</strong> Towers, was<br />
announced as the Overall<br />
Champion of the<br />
tournament, beating the rest<br />
with a handicap of 24 and<br />
a total score of 41 points.<br />
The loudest cheers of the<br />
night went out to<br />
Mr Wendell Wong, a lawyer<br />
from Drew & Napier LLC, a<br />
tenant of Ocean Towers.<br />
Not only did he manage to<br />
clinch the Nearest-to-the-Pin<br />
novelty prize at Hole 5, he<br />
also managed it with a holein-one,<br />
entitling him to a<br />
$300 Robinson voucher!<br />
Chatter and laughter<br />
abound, the event proved<br />
successful at providing<br />
participants with a relaxed<br />
environment to network and<br />
bond over tee-offs. keppelite<br />
All smiles – Mr Wendell Wong (left) receiving his prize for winning the Nearest-to-the-Pin<br />
award with a hole-in-one<br />
Raking in a total combined<br />
score of 138 points, the team<br />
Receiving the Best Team award from K-REIT Asia’s CEO Ms Ng Hsueh Ling (extreme left) was the team from The McGraw-Hill Companies, Inc.<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 27<br />
Networking for young leaders<br />
A new initiative that was<br />
launched by Mr Choo<br />
Chiau Beng, CEO of <strong>Keppel</strong><br />
<strong>Corporation</strong>, in July this<br />
year, <strong>Keppel</strong> Young Leaders<br />
(<strong>Keppel</strong> YL) held its first<br />
networking activity, a lunch<br />
cum movie screening of Salt<br />
on 14 <strong>August</strong> <strong>2010</strong>.<br />
Attended by more than a<br />
hundred young talents, the<br />
inaugural <strong>Keppel</strong> YL event<br />
was a hive of activity<br />
as <strong>Keppel</strong> YL members<br />
interacted with senior<br />
management and one<br />
another, some sharing ideas<br />
and aspirations for the<br />
Group, while others catching<br />
up with colleagues from<br />
the various business units.<br />
Addressing the group of<br />
young leaders, Guest-of-<br />
Honour Mr Choo said,<br />
“Many of us in the senior<br />
management have forged a<br />
big part of our careers in<br />
<strong>Keppel</strong>, growing and<br />
evolving together as we<br />
navigate the Group through<br />
challenging landscapes. You<br />
are the future and the Group<br />
depends on you to forge<br />
ahead.<br />
“Through <strong>Keppel</strong> YL, we aim<br />
to provide avenues for wellrounded<br />
development, and<br />
imbibe in all its members a<br />
global mindset and a spirit of<br />
innovation and enterprise.<br />
The capable global team<br />
with strong leaders built by<br />
<strong>Keppel</strong> YL will help take<br />
<strong>Keppel</strong> into the future.”<br />
Elaborating on its<br />
programmes and activities,<br />
Ho Kuen Loon, President<br />
of <strong>Keppel</strong> YL and Senior<br />
Manager (Corporate<br />
Development/Planning) of<br />
<strong>Keppel</strong> <strong>Corporation</strong>, said,<br />
“We have lined up many<br />
exciting high-impact projects<br />
which we believe can add<br />
value to the Company.<br />
Through working in these<br />
projects, I believe each<br />
member will learn and gain<br />
new knowledge and skill-sets<br />
to further their personal<br />
development.”<br />
In the pursuit of these<br />
programme and activities,<br />
<strong>Keppel</strong> YL members will have<br />
the support of all levels of<br />
management. Mr Choo said,<br />
“I urge all managers and<br />
supervisors to give full<br />
support to these young<br />
leaders as they strike out to<br />
stretch and test themselves.”<br />
<strong>Keppel</strong> YL currently<br />
comprises some 300<br />
members. keppelite<br />
Senior management and members of <strong>Keppel</strong> YL bonding over popcorn and the movie Salt<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
28 Empowering Lives<br />
Roaring mane event<br />
<strong>Keppel</strong> represented the Lion City as host of the 23rd ASEAN Council for<br />
Petroleum (ASCOPE) Games from 28 to 31 July <strong>2010</strong>.<br />
A roaring start for the 23rd ASCOPE Games <strong>2010</strong> as the country members’ Heads of Contingent exchange pennants, symbolic of friendship and sportsmanship<br />
As the latest affiliate of the<br />
ASCOPE family, <strong>Keppel</strong><br />
played host to the rest of the<br />
participating members<br />
during the 23rd ASCOPE<br />
Games recently concluded in<br />
Singapore.<br />
Close to 400 participants of<br />
the Games received a roaring<br />
welcome from its host when<br />
they arrived in Singapore in<br />
July for the annual sporting<br />
event. ASCOPE was set up in<br />
1975 to foster co-operation<br />
within the field of oil industry<br />
amongst ASEAN countries. It<br />
comprises 10 country<br />
members, which are mostly<br />
represented by national oil<br />
companies. <strong>Keppel</strong> took over<br />
from Singapore Petroleum<br />
Company as Singapore’s<br />
representative to ASCOPE<br />
end last year.<br />
The ASCOPE Games is a<br />
sporting event that members<br />
take turns to host every year.<br />
It serves as a platform for<br />
members to come together<br />
under a fun-filled<br />
atmosphere to foster<br />
friendship and build mutual<br />
understanding. Seven<br />
country members, including<br />
the host, participated in the<br />
ASCOPE Games organised<br />
by <strong>Keppel</strong> this year.<br />
The sports that were played<br />
at the Games comprised<br />
nine-ball pool, badminton,<br />
bowling, golf, darts and table<br />
tennis.<br />
Despite battling tooth and<br />
claw for supremacy in these<br />
six events, all the participants<br />
had also taken time from the<br />
intense competition to build<br />
friendships and bonds.<br />
During the opening<br />
ceremony, Mr Keith Teo,<br />
Chairman of the 23rd<br />
ASCOPE Games Organising<br />
Committee, said, “When<br />
the Games start, we are<br />
going to be both<br />
competitors and supporters<br />
for one another at the same<br />
time. While this may sound<br />
strange, this is in essence<br />
what the Games are all<br />
about – pushing ourselves to<br />
perform to the best of our<br />
abilities, fairly and with<br />
honesty, and celebrating our<br />
shared passion and fighting<br />
spirit at the same time.<br />
“This could sum up what life<br />
is really about, and also what<br />
ASCOPE stands for. As<br />
companies in the petroleum<br />
or oil related industries, there<br />
will be times when we are<br />
competing, and times when<br />
we need one another’s<br />
support.”<br />
Mr Choo Chiau Beng, CEO<br />
of <strong>Keppel</strong> <strong>Corporation</strong> and<br />
also ASCOPE Council<br />
Member for Singapore,<br />
reiterated, “As the evolving<br />
global energy landscape will<br />
present both new challenges<br />
and opportunities to us,<br />
there is much we can benefit<br />
from, if we maintain and<br />
further grow a strong<br />
regional partnership and<br />
band together as ASCOPE.”<br />
At the end of the four-day<br />
event, Malaysia and<br />
Indonesia emerged kings of<br />
the jungle as big winners of<br />
the Games, with each<br />
clinching the championships<br />
of three sports. Nonetheless,<br />
every participant walked<br />
away with winning smiles<br />
and fond memories of their<br />
stay in Singapore, and that<br />
is the best outcome for 23rd<br />
ASCOPE Games <strong>2010</strong>. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 29<br />
Meaning<br />
behind the<br />
mane<br />
Mr Choo Chiau Beng handing the flag over to next year’s host country, Thailand<br />
The 23rd ASCOPE Games<br />
logo features a bold lion<br />
motif, which symbolises the<br />
host venue of the Games –<br />
Singapore, also known as<br />
the Lion City – as well as the<br />
collective vigour of the<br />
organisation’s member<br />
countries.<br />
Team Brunei had a rolling good time during the bowling event<br />
The brush strokes that make<br />
up the lion’s mane, represent<br />
the grouping’s 10 member<br />
countries, namely Brunei,<br />
Cambodia, Indonesia, Lao<br />
PDR, Malaysia, Myanmar,<br />
the Philippines, Singapore,<br />
Thailand and Vietnam. The<br />
bold strokes convey the<br />
strong spirit and essence of<br />
ASCOPE, which is the active<br />
collaboration and promotion<br />
of mutual assistance by<br />
country members for the<br />
development of regional<br />
petroleum resources.<br />
Team <strong>Keppel</strong> having a ball of a time during their performance at the closing ceremony and dinner<br />
The vibrant colours of the<br />
logo, red, orange and<br />
yellow, connote the warm<br />
friendships and bonds that<br />
are forged during the<br />
Games.<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
30 Empowering Lives<br />
One heart with the nation<br />
As the venue of Singapore’s<br />
first National Day Parade<br />
(NDP), which was held a year<br />
after the country declared its<br />
independence in 1965, the<br />
Padang holds a special place<br />
in the hearts of many<br />
Singaporeans.<br />
Celebrating the country’s<br />
45th birthday on 9 <strong>August</strong><br />
<strong>2010</strong> at this historical<br />
landmark, citizens turned up<br />
in full force, anticipating a<br />
spectacular show.<br />
For 72 <strong>Keppel</strong>ites from across<br />
the Group, the parade took<br />
on a greater significance<br />
this year because of their<br />
roles as part of the <strong>Keppel</strong><br />
Contingent. Filled with pride<br />
by this rare opportunity,<br />
these <strong>Keppel</strong>ites marched as<br />
a synchronised unit at the<br />
parade during the marchpast<br />
to rousing cheers of the<br />
spectators. The contingent<br />
had undergone rigorous<br />
training sessions over four<br />
months for this occasion.<br />
Tok Sok Hui, Logistics<br />
Executive from <strong>Keppel</strong> FELS,<br />
said, “Being part of the<br />
parade allowed me to be in<br />
the thick of Singapore’s<br />
National Day celebrations.<br />
The atmosphere at the<br />
Padang was electrifying.<br />
“I will never forget this<br />
heartwarming experience of<br />
paying tribute to Singapore’s<br />
progress with an enthusiastic<br />
25,000-strong crowd.”<br />
Part of the <strong>Keppel</strong> Contingent’s city march route brought them past prominent buildings in the Marina Bay area<br />
A former commando with<br />
the Bulgarian Army, Ivan<br />
Stoytchev, was another<br />
proud participant in NDP<br />
<strong>2010</strong>. Having stayed in<br />
Singapore for more than<br />
16 years, the permanent<br />
resident was thrilled to be<br />
able to be involved in the<br />
parade as he wanted to do<br />
something for the country<br />
which has given him so many<br />
interesting and rewarding<br />
experiences.<br />
While the engineer from<br />
<strong>Keppel</strong> FELS found the<br />
marching different from the<br />
Bulgarian style, it did not<br />
deter nor dampen his<br />
enthuasiasm. Ivan said, “It is<br />
very nice to see people of<br />
different ages and races with<br />
one goal – to do great things<br />
for their nation.”<br />
Meanwhile, for Lynette<br />
Chong, an executive from<br />
Group Corporate<br />
Communications, <strong>Keppel</strong><br />
<strong>Corporation</strong>, the greatest<br />
takeaway for her was the<br />
friendships she acquired<br />
during the training sessions.<br />
Lynette shared, “Many in the<br />
contingent have become fast<br />
friends. I believe that the<br />
camaraderie formed with<br />
other members will endure<br />
and extend beyond this<br />
NDP experience.”<br />
Proud of the contingent’s<br />
fine performance at the<br />
parade, leader of the <strong>Keppel</strong><br />
Contingent and Yard<br />
Manager of <strong>Keppel</strong> Shipyard<br />
(Gul), Ivan Lim, said, “All the<br />
hard work we had put into<br />
perfecting our steps has<br />
definitely paid off. I feel<br />
privileged to have had the<br />
unique opportunity to be<br />
part of the parade and I wish<br />
Singapore many more good<br />
years ahead.” keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 31<br />
Shining stars of steadfastness<br />
It was a morning of quiet<br />
anticipation as thousands<br />
stood to attention at the<br />
raising of Singapore’s<br />
national flag at the openair<br />
carpark of <strong>Keppel</strong><br />
Offshore & Marine (<strong>Keppel</strong><br />
O&M) on 10 <strong>August</strong> <strong>2010</strong>.<br />
Regardless of race,<br />
language or rank,<br />
<strong>Keppel</strong>ites from senior<br />
management to workers,<br />
were gathered there to<br />
celebrate with one heart<br />
and spirit Singapore’s<br />
45th birthday.<br />
For 66 loyal employees, it<br />
was double the joy as<br />
they were also recognised<br />
for their steadfast<br />
contributions to <strong>Keppel</strong><br />
FELS at the ceremony.<br />
Ranging from 10 to 40<br />
years of service, they<br />
received appreciation<br />
awards in the presence<br />
of Guest-of-Honour,<br />
Mr Hawazi Daipi, Senior<br />
Parliamentary Secretary,<br />
Ministry of Manpower and<br />
Ministry of Health.<br />
Mr Daipi commended them<br />
for being “shining examples<br />
of the determination and<br />
mettle needed to overcome<br />
adversity and go beyond.”<br />
Mr Choo Chiau Beng,<br />
Chairman of <strong>Keppel</strong> O&M,<br />
also attributed the company’s<br />
steady performance to the<br />
versatility, dedication and<br />
resilience of its people. “Like<br />
Singapore, <strong>Keppel</strong> has<br />
remained fighting fit. We<br />
have developed a versatile<br />
and well-rounded workforce<br />
with multiple skill-sets and a<br />
wide range of expertise that<br />
can be fully deployed across<br />
the Group,” he said.<br />
He also acknowledged the<br />
contributions of older<br />
personnel, especially those<br />
who have been with the<br />
company for many years,<br />
and those who have rejoined<br />
after retirement. Presently,<br />
<strong>Keppel</strong> O&M has about 120<br />
re-employed older workers.<br />
Mr Choo highlighted,<br />
“Older employees play an<br />
important role as mentors<br />
to our younger generation<br />
of employees. By passing<br />
on <strong>Keppel</strong>’s core values<br />
and experience to the<br />
younger staff, they help<br />
to ensure good continuity<br />
and succession in our<br />
workforce.”<br />
Thanking the unions for<br />
working hand in glove with<br />
management to take care of<br />
staff welfare over the years,<br />
Mr Choo also emphasised<br />
the continual need for a<br />
cohesive workforce to help<br />
the company to remain<br />
competitive.<br />
Led by Mr Choo Chiau Beng, Chairman of <strong>Keppel</strong> O&M (extreme right), and Guest-of-<br />
Honour Mr Hawazi Daipi, Senior Parliamentary Secretary, Ministry of Manpower and<br />
Ministry of Health (second from right), the yard stood to attention during the flag-raising<br />
ceremony<br />
40-year long service award holders acknowledged for their contributions to <strong>Keppel</strong> O&M<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
32 Empowering Lives<br />
Decades of dedication<br />
In recognition of Mr Charles<br />
Foo’s long service and<br />
significant contributions to<br />
the Group, his colleagues<br />
from the <strong>Keppel</strong> Offshore<br />
& Marine (<strong>Keppel</strong> O&M)<br />
Board organised a warm<br />
appreciation gathering for<br />
him on 6 <strong>August</strong> <strong>2010</strong>.<br />
The true blue <strong>Keppel</strong>ite had<br />
relinquished most of his<br />
appointments in <strong>Keppel</strong><br />
O&M from 30 June <strong>2010</strong>,<br />
but still serves as Director and<br />
Advisor of <strong>Keppel</strong> O&M<br />
Technology Centre, as well as<br />
Head of <strong>Keppel</strong> Technology<br />
Advisory Panel Secretariat.<br />
Mr Foo will also continue to<br />
be involved in the Energy<br />
Efficiency Study Committee.<br />
Mr Foo commenced his<br />
career by serving a five-year<br />
apprenticeship at the old<br />
<strong>Keppel</strong> Harbour yard in<br />
1959. Thereafter, he left<br />
and re-joined <strong>Keppel</strong> with<br />
the view to merge <strong>Keppel</strong><br />
Shipyard and Hitachi Zosen<br />
Singapore in 1998. He then<br />
became the MD of the<br />
merged entity, <strong>Keppel</strong><br />
Hitachi Zosen (KHZ). When<br />
KHZ merged with <strong>Keppel</strong><br />
FELS to form <strong>Keppel</strong> O&M<br />
in 2002, Mr Foo was<br />
subsequently appointed<br />
MD (Special Projects) of<br />
<strong>Keppel</strong> O&M with<br />
responsibilities in<br />
shipbuilding, technology<br />
development and the<br />
Philippines shipyards.<br />
On behalf of <strong>Keppel</strong> O&M Board members, Mr Choo Chiau Beng, CEO of <strong>Keppel</strong> <strong>Corporation</strong><br />
and Chairman of <strong>Keppel</strong> O&M (right), presented a painting of the old <strong>Keppel</strong> Harbour yard<br />
done by Singaporean painter Mr Tan Leong Kheng to Mr Foo<br />
Mr Foo, 69, shared, “I have<br />
worked in <strong>Keppel</strong> for<br />
17 years. The past eight years<br />
on the <strong>Keppel</strong> O&M Board<br />
were enriching for me and I<br />
have benefitted from the<br />
collective wisdom of its<br />
members.<br />
“After working for more<br />
than 51 years in the marine<br />
industry, it is as good as any<br />
time to retire. I sincerely<br />
thank all my colleagues who<br />
have enriched my working<br />
life with a sense of humour<br />
and a willingness to forgive.”<br />
keppelite<br />
A tale of two companies<br />
Behind every rise and fall,<br />
success or failure, there are<br />
always valuable lessons that<br />
can be drawn. And there is<br />
no doubt in an ever-changing<br />
economic landscape, there is<br />
much that <strong>Keppel</strong> can benefit<br />
from by studying the factors<br />
behind every successful<br />
conglomerate.<br />
<strong>Keppel</strong> senior management and Board members in robust discussion with the speakers<br />
In a talk on “How<br />
conglomerates are managed<br />
and how to manage better”<br />
organised by <strong>Keppel</strong> College<br />
on 19 <strong>August</strong> <strong>2010</strong>, Boards<br />
of Directors and senior<br />
management from across<br />
the Group gained insights on<br />
two companies which have<br />
in recent years undergone<br />
changing fortunes – Sony<br />
and Samsung.<br />
Conducted by Professor<br />
Chang Sea-Jih who authored<br />
a book analysing how<br />
organisational processes and<br />
top management leadership<br />
have helped shape the<br />
performances of the two<br />
modern corporate giants, the<br />
talk provided penetrating<br />
insights on corporate<br />
strategies and cultures, and<br />
their impact on the success<br />
of a company.<br />
Also giving a lecture on<br />
group strategies at the same<br />
session was Professor Ishtiaq<br />
P. Mahmood. Both guest<br />
speakers are from the<br />
National University of<br />
Singapore Business School.<br />
keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 33<br />
Fresh sights for new <strong>Keppel</strong>ites<br />
At the Group Orientation<br />
held on 17 <strong>August</strong> <strong>2010</strong>,<br />
senior management<br />
extended a warm welcome<br />
to a batch of 70 new<br />
<strong>Keppel</strong>ites. This year’s Group<br />
Orientation was different<br />
from previous sessions as<br />
participants were brought on<br />
site visits to the various<br />
business units, instead of<br />
auditorium-style<br />
presentations.<br />
Getting a first-hand view<br />
of the breadth of <strong>Keppel</strong>’s<br />
businesses, the new<br />
employees toured various<br />
facilities and developments<br />
including <strong>Keppel</strong> FELS’s<br />
Pioneer Yard, <strong>Keppel</strong><br />
Shipyard’s Tuas Yard, <strong>Keppel</strong><br />
Land’s Reflections at<br />
<strong>Keppel</strong> Bay show gallery,<br />
<strong>Keppel</strong> Logistics’ warehouses<br />
and <strong>Keppel</strong> Integrated<br />
Engineering’s Ulu Pandan<br />
NEWater Plant.<br />
Incorporating such a tour in<br />
the orientation agenda<br />
provides a quick but<br />
comprehensive overview of<br />
<strong>Keppel</strong>’s key businesses<br />
in Offshore & Marine,<br />
Infrastructure and Property.<br />
The tour also proved to be<br />
a good platform for the<br />
more experienced <strong>Keppel</strong>ites<br />
to share some of their<br />
experiences working in the<br />
Group with the new hires.<br />
Prior to the site visits, the<br />
participants were introduced<br />
to <strong>Keppel</strong>’s Vision, Mission<br />
and Core Values. As they<br />
come from diverse<br />
backgrounds and<br />
job functions across the<br />
Group, it is essential that<br />
everyone embraces a<br />
common set of values to<br />
form the foundation on how<br />
work is performed.<br />
One of the speakers,<br />
Lim Ah Cheng, Senior Project<br />
Manager at <strong>Keppel</strong> FELS, had<br />
been with <strong>Keppel</strong> for more<br />
than 10 years.<br />
Peppered with interesting<br />
anecdotes, his sharing<br />
session recounted his<br />
journey from his internship<br />
days as a young <strong>Keppel</strong><br />
scholar crawling in tanks<br />
onboard oil rigs to his present<br />
responsibilities as a project<br />
manager.<br />
New hire Tri Gunadi Widjaja,<br />
a sales engineer from <strong>Keppel</strong><br />
Sea Scan, found the Group<br />
Orientation very useful and<br />
insightful. Brimming with<br />
enthusiasm, he said, “I am<br />
proud to be part of the<br />
<strong>Keppel</strong> family.<br />
“From the sharing sessions,<br />
I can see that working for<br />
<strong>Keppel</strong> is more than just a<br />
job – it is also an opportunity<br />
to grow in one’s career<br />
and personal development.<br />
I really appreciate the<br />
orientation as I have made<br />
many new friends and gained<br />
a better understanding of the<br />
organisation.” keppelite<br />
As part of the orientation programme, participants gathered at the <strong>Keppel</strong> Safety Training Centre to learn more about safety, which is one of <strong>Keppel</strong>’s Core Values<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
34 Empowering Lives<br />
Highlights from the Clipper Race<br />
With the Clipper 09-10 Round the World Yacht Race ending on a high note in<br />
July, <strong>Keppel</strong>ite revisits the highlights of the Race with our four <strong>Keppel</strong><br />
Ambassadors who share their thoughts on the life-changing experience, as well<br />
as brings you a sneak of the Clipper 11-12 Race.<br />
Mr Thomas Pang (left) in Rio de Janeiro together with his wife Aw Kah Peng (centre) and Sir<br />
Robin Knox-Johnston, Chairman and founder of the Clipper Race after completing his race<br />
Bart Kregersman completed the adventure of his lifetime onboard Uniquely Singapore, racing<br />
from Qingdao, China, to San Francisco, California.<br />
After completing my Atlantic crossing<br />
on Uniquely Singapore, I thought the<br />
Clipper Race is indeed the best thing<br />
I have done with my life, as Sir Robin,<br />
Chairman and founder of the Race,<br />
rightly pointed out. Since then, I have<br />
taken on new challenges such as<br />
organising my first charity dinner with<br />
three top Singapore chefs and other<br />
volunteers, and taking on a new<br />
position as the CEO of K-Green Trust.<br />
The experience has indeed widened<br />
my horizons to take on more<br />
exciting challenges in my life.<br />
<strong>Keppel</strong> Ambassador Mr Thomas Pang<br />
CEO of K-Green Trust<br />
Now that I’m back at work, the nice<br />
memories onboard Uniquely Singapore<br />
keep coming back to me. It has been<br />
a great challenge and definitely<br />
an adventure of a lifetime. I wish<br />
I could have raced on more legs!<br />
<strong>Keppel</strong> Ambassador Bart Kregersman<br />
Research Engineer at <strong>Keppel</strong> Seghers (Belgium)<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 35<br />
The Clipper Race has indeed been an<br />
unforgettable chapter in my life. I have<br />
learnt to face my fears and that no<br />
obstacle is insurmountable – it is<br />
all mind over matter. I am proud of<br />
the Uniquely Singapore crew and<br />
Jim Dobie, our skipper, as I know<br />
how hard everyone has worked<br />
throughout the race. We have all<br />
emerged winners in our own ways.<br />
<strong>Keppel</strong> Ambassador Karan Teo<br />
Marketing Executive at <strong>Keppel</strong> Seghers<br />
Karan Teo (front row third from left) with the crew of Uniquely Singapore and <strong>Keppel</strong> senior<br />
management during their stopover at Marina at <strong>Keppel</strong> Bay, Singapore<br />
Adrian Pang (second row extreme left) and the Uniquely Singapore crew were ecstatic over<br />
coming in first place in Race 10 in New York, US<br />
Uniquely Singapore has displayed<br />
its special strength and perseverance<br />
throughout this race. We were able<br />
to amplify our <strong>Keppel</strong> Can Do! spirit<br />
and more importantly, we have learnt<br />
that the seemingly impossible is<br />
actually achievable. After having been<br />
out in the sea and far away from<br />
home for weeks, the Clipper experience<br />
has also taught me to appreciate<br />
the smaller things in life.<br />
<strong>Keppel</strong> Ambassador Adrian Tan<br />
Contracts and Procurement Manager at <strong>Keppel</strong> FMO<br />
Uniquely Singapore Skipper Jim Dobie (left) and Ms Wang Look Fung, GM (Group Corporate<br />
Communications) of <strong>Keppel</strong> <strong>Corporation</strong>, during a prize presentation ceremony at Race End in<br />
Hull, UK<br />
At the race-end festivities, Skipper<br />
Jim Dobie said, “We have had a<br />
superb team that bonded right from<br />
the start of the Race. Every crew<br />
member, whether a circumnavigator<br />
or a race-legger, has embraced the<br />
<strong>Keppel</strong> Can Do! spirit that has seen<br />
us from ‘Go!’ to the finish.<br />
Jim Dobie<br />
Uniquely Singapore Skipper<br />
Continues on page 36...<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
36 Empowering Lives<br />
...continued from page 35.<br />
GEARING UP FOR THE<br />
NEXT RACE<br />
Although the Clipper 09-10<br />
Round the World Yacht<br />
Race has just concluded,<br />
17 individuals cannot seem<br />
to wait for the next race to<br />
arrive, having signed up for<br />
Clipper Training Level 1 and<br />
2 as far back as mid-2009.<br />
These individuals, hailing<br />
from places such as New<br />
Zealand, Australia, Hong<br />
Kong and the UK, come from<br />
all walks of life, with ages<br />
ranging from 23 to 71.<br />
They had taken a five-day<br />
break from their day jobs as<br />
CEOs and directors of<br />
companies, ballet teachers<br />
and medical distributors to<br />
rough it out on the high seas<br />
with <strong>Keppel</strong> Bay Sailing<br />
Academy instructors Tan<br />
Thong Meng and Lynnette<br />
Leong.<br />
The youngest of the group,<br />
Beulah Steele, 23, said, “It<br />
was rather fascinating the<br />
way we weaved in and<br />
out of shipping lanes all the<br />
way to Indonesia! The pace<br />
of the course was just right<br />
and Lynnette was very<br />
helpful.”<br />
CEO of Hermes Capital Sean<br />
Chin Yew, 38, a Singaporean<br />
based in Hong Kong, said,<br />
“In addition to having great<br />
instructors, battling Force 6<br />
winds was the highlight of<br />
my Clipper Training Level 1.<br />
I am very excited to have<br />
embarked on this new<br />
journey with KBSA.”<br />
The <strong>Keppel</strong> Bay Sailing<br />
Academy is the first academy<br />
in Singapore to provide<br />
sailing courses accredited by<br />
Royal Yachting Association,<br />
the governing body for<br />
water-based activities in<br />
the UK.<br />
To date, the Academy has<br />
organised four rounds of<br />
Clipper training since the<br />
start of the year, among the<br />
other five courses that they<br />
run simultaneously.<br />
<strong>Keppel</strong> <strong>Corporation</strong> will<br />
once again be the proud<br />
sponsor of the yacht<br />
Singapore in the Clipper<br />
11-12 Round the World<br />
Yacht Race with Marina at<br />
<strong>Keppel</strong> Bay being an official<br />
race stopover for the<br />
international race in early<br />
2012. keppelite<br />
Gourmet for a good cause<br />
Patrons of the charity event were treated to a feast by some of the finest chefs in Singapore<br />
With seemingly<br />
indefatigable energy,<br />
<strong>Keppel</strong> Ambassadors of<br />
the Clipper 09-10 Race<br />
shifted their focus from<br />
competing to sharing<br />
through a charity event<br />
called ‘Dine for Fund’ on<br />
12 <strong>August</strong> <strong>2010</strong>, which<br />
raised over $90,000 for<br />
the Canossaville Children’s<br />
Home and Willing Hearts<br />
Soup Kitchen.<br />
Three top chefs – Chef Yong<br />
Bing Ngen from Majestic<br />
Restaurant, Chef Michael<br />
Han from FiftyThree and<br />
Chef Pang Kok Keong<br />
from Canelé Pâtisserie<br />
Chocolaterie – were invited<br />
to whip up a gastronomic<br />
extravaganza for guests<br />
who donated $1,200 for a<br />
seat at the table, all of which<br />
were snapped up swiftly.<br />
Held at Marina at <strong>Keppel</strong><br />
Bay, the experience was<br />
complemented by specially<br />
selected fine wines and an<br />
exquisite quintet chamber<br />
performance. Guests also<br />
had a chance to bid for<br />
exquisite pottery pieces<br />
by Master Potter Lim<br />
Kim Hui as well as<br />
paintings from Fill-yourwalls<br />
Art Gallery.<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 37<br />
The sporting life<br />
Injecting just as much passion into coaching Singapore’s national canoe polo team<br />
as he does at <strong>Keppel</strong>, Sean Chan shares his experience both at work and play.<br />
For the uninitiated, canoe<br />
polo is a sport that combines<br />
water polo, basketball,<br />
polo and kayaking. Both a<br />
recreational and competitive<br />
game, the tactics are<br />
similar to those in water polo<br />
and basketball, but the<br />
complexity lies in having to<br />
pass the ball around with the<br />
aim of scoring a goal while<br />
rowing oneself in a kayak.<br />
Sean, GM (Risk and<br />
Regulation) at <strong>Keppel</strong> Energy,<br />
related how his love for<br />
the game began when he<br />
first discovered canoe polo<br />
by chance during his student<br />
days in Hong Kong. Having<br />
basketball experience, he<br />
took his skills to the water<br />
and has never looked back<br />
since.<br />
Even when he came to<br />
Singapore for work in 1996,<br />
he continued to be an<br />
active player in canoe polo<br />
games and was subsequently<br />
invited to be Singapore<br />
Polytechnic’s coach three<br />
years later.<br />
The Singapore Canoe<br />
Federation got Sean on<br />
board as a coach in 2002<br />
when it decided to form the<br />
country’s national canoe polo<br />
team. Despite a lack of<br />
funding in 2004, he has<br />
stayed on as a volunteer<br />
coach. Although the sport is<br />
a relatively new one, several<br />
tertiary institutions have<br />
taken to it like fish to water.<br />
On top of imparting his<br />
expertise and knowledge,<br />
the father of two enjoys<br />
interacting with the youths<br />
he coaches. Under his<br />
guidance, the Singapore<br />
Polytechnic team has<br />
won the Institute-Varsity-<br />
Polytechnic Canoe Polo<br />
Championships for the past<br />
five years.<br />
Even so, Sean feels that the<br />
skill set should be spread<br />
to other institutions so<br />
that there can be greater<br />
competition. He elaborated,<br />
“I always encourage my<br />
national players to coach<br />
other schools as this will<br />
improve the standards of<br />
Singapore participants<br />
overall. This is also to ensure<br />
that complacency doesn’t set<br />
in amongst those who<br />
always win.”<br />
While coaching provides<br />
Sean with a form of<br />
relaxation, the mental skills<br />
he has acquired through<br />
coaching workshops are<br />
also applicable to work.<br />
“Aside from picking up<br />
tips on concentration and<br />
composure, sometimes you<br />
have to apply positive selftalk<br />
to psyche yourself up<br />
before and during training<br />
sessions or competitions.<br />
Similarly, when faced with a<br />
difficult task or stressful<br />
situation at work, you can<br />
will yourself to think<br />
positively and focus on your<br />
priorities.”<br />
Dedicating his time and passion towards coaching Singapore’s national canoe polo team, Sean (extreme right) enjoys sharing his expertise and<br />
knowledge with the youths he mentors<br />
Keeping up with work,<br />
parenting and coaching may<br />
not always be easy to juggle<br />
but Sean relishes the balance<br />
that these aspects give him<br />
in life. Reiterating the<br />
importance of staying active,<br />
he said, “I think it’s important<br />
to be enthusiastic about the<br />
activities you are involved in<br />
and it helps me to stay strong<br />
mentally and physically.”<br />
keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
38 Empowering Lives<br />
<strong>Keppel</strong>ites Abroad<br />
Nestled in Nantong<br />
About 18 years ago, Chen<br />
Liang Bo, a production<br />
manager at <strong>Keppel</strong> Nantong<br />
Shipyard, arrived on the<br />
shores of Singapore to start<br />
his career in <strong>Keppel</strong><br />
Singmarine as a hull officer.<br />
Born in Fujian Province,<br />
China, the cheerful 43-yearold<br />
did not take long to set<br />
up a family on the sunny<br />
island. However, when his<br />
wife began to experience<br />
health problems five years<br />
ago, they reached the<br />
decision that it would be<br />
best to return to China.<br />
Liang Bo recounted, “It<br />
was a difficult decision<br />
to make as I enjoyed<br />
working in Singapore<br />
very much. My family and<br />
I had wanted to make<br />
Singapore our permanent<br />
home.”<br />
Nonetheless, an opportune<br />
moment to return to China<br />
and yet continue working<br />
with <strong>Keppel</strong> arose when<br />
<strong>Keppel</strong> Offshore & Marine<br />
acquired a shipyard in<br />
Nantong, which is now the<br />
present <strong>Keppel</strong> Nantong<br />
Shipyard.<br />
Although Liang Bo left<br />
Singapore with a heavy<br />
heart, he soon found a new<br />
sense of purpose upon<br />
starting work in Nantong.<br />
He shared that as one of the<br />
pioneers of <strong>Keppel</strong> Nantong<br />
Shipyard, he faced several<br />
challenges as the early<br />
initiatives and working<br />
procedures did not go as<br />
planned.<br />
He elaborated, “Even though<br />
<strong>Keppel</strong> Singmarine and<br />
<strong>Keppel</strong> Nantong Shipyard<br />
are sister companies, the<br />
operations of the two yards<br />
are very different in certain<br />
aspects. Our team had to<br />
adopt and apply what we<br />
have learnt in Singapore<br />
and quickly modify these<br />
processes to suit the local<br />
needs.<br />
“The ability to adapt comes<br />
with experience and at the<br />
end of the day, I am happy<br />
to see that our efforts to<br />
strengthen ties and seek<br />
winning relationships with<br />
our Chinese customers and<br />
partners have paid off.”<br />
As a native-born Chinese,<br />
he combines effective<br />
communication and intuitive<br />
comprehension of the needs<br />
of the locals to establish<br />
better relationships with the<br />
working parties involved.<br />
For Liang Bo, it is also<br />
gratifying to see how the<br />
Nantong yard has grown<br />
over the years from a<br />
small team to the current<br />
1,000-men strong workforce.<br />
Teamwork in <strong>Keppel</strong><br />
Nantong Shipyard is strong,<br />
while the yard also receives<br />
the support of the Nantong<br />
municipal government.<br />
He may miss local Singapore<br />
dishes from time to time, but<br />
Liang Bo has built a new nest<br />
in Nantong with his family.<br />
As one of the pioneers of <strong>Keppel</strong> Nantong Shipyard, Liang Bo finds it deeply gratifying to see how the yard has grown over the years<br />
keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Empowering Lives 39<br />
High spirits in Hong Kong<br />
Hong Kong, which means<br />
fragrant harbour in English,<br />
is a blend of multiple<br />
cultures, much like the<br />
diverse group of 42<br />
<strong>Keppel</strong>ites from various<br />
business units and of<br />
different nationalities who<br />
visited the island from 30 July<br />
to 2 <strong>August</strong> <strong>2010</strong>.<br />
During the trip organised by<br />
the <strong>Keppel</strong>ite Recreation<br />
Club, participants soaked in<br />
various sights and sounds<br />
that the cosmopolitan city<br />
had to offer. The 25-minutes<br />
ride on the Ngong Ping Cable<br />
Car across to nearby Lantau<br />
Island offered them views of<br />
the metropolis against a<br />
mountainous landscape and<br />
the sea.<br />
One of the most remote and<br />
scenic areas of Hong Kong,<br />
Lantau Island is home to the<br />
world’s tallest outdoor seated<br />
bronze Buddha statue.<br />
Participants were delighted<br />
to spend a whole day at<br />
Disneyland, where they got<br />
reacquainted with their inner<br />
child as they met some classic<br />
Disney characters and took<br />
the amusement park rides.<br />
Hong Kong also lived up to<br />
its reputation as a shopping<br />
paradise when excited<br />
<strong>Keppel</strong>ites unleashed the<br />
shopaholic streak in them.<br />
Interestingly, the champion<br />
bargainer turned out to be<br />
an Indian employee who<br />
managed to overcome<br />
<strong>Keppel</strong>ites reliving their childhood at Hong Kong Disneyland<br />
language barrier and<br />
successfully slashed prices<br />
by more than half. Talk<br />
about the Can Do! spirit!<br />
After four days and three<br />
nights, the <strong>Keppel</strong>ites<br />
returned to Singapore<br />
recharged, with many fond<br />
memories, countless photos<br />
and, of course, shopping<br />
goods. More importantly,<br />
they also discovered that<br />
the time spent travelling<br />
together was the perfect<br />
platform to bond and get to<br />
know one another better.<br />
keppelite<br />
Bagging book prizes<br />
Guest-of-Honour and Chairman of KCU Professor Bernard Tan (seated third from right) with<br />
students who had achieved outstanding results for their O Level examinations<br />
To recognise and spur<br />
on educational excellence<br />
amongst the young, Book<br />
Prize Awards are given out<br />
by <strong>Keppel</strong> Credit Union<br />
(KCU) to the children of its<br />
members who perform well<br />
academically.<br />
Held on 31 July <strong>2010</strong> at<br />
<strong>Keppel</strong> Shipyard (Tuas), the<br />
annual award ceremony saw<br />
a record number of 36 Book<br />
Prize Awards amounting to<br />
$17,000 given out to<br />
recipients ranging from those<br />
in Primary 6 to university<br />
students.<br />
More than just offering<br />
financial services and mutual<br />
assistance in times of needs,<br />
KCU also offers various<br />
welfare benefits such as term<br />
life insurance, Medi-Aid<br />
Grants, subsidised eye<br />
checks and Long<br />
Membership Awards. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
40 Empowering Lives<br />
United we stand<br />
Working in unity, <strong>Keppel</strong><br />
Employees Union (KEU) and<br />
<strong>Keppel</strong> Shipyard have<br />
managed to thrive in both<br />
good as well as difficult<br />
times.<br />
At the 42nd KEU Annual<br />
Delegates Conference on<br />
4 <strong>August</strong> <strong>2010</strong>, Mr Mohd<br />
Yusof Mohd, General<br />
Secretary of KEU, highlighted<br />
this as he emphasised the<br />
importance of a close<br />
partnership between KEU<br />
and <strong>Keppel</strong> Shipyard’s<br />
management.<br />
He said, “Our success did<br />
not come easy. It is the result<br />
of hard work, unrelenting<br />
perseverance of leaders<br />
from both organisations,<br />
and the good labour<br />
management relations<br />
enjoyed by the Union and<br />
<strong>Keppel</strong> management over<br />
the past 42 years.”<br />
Guest-of-Honour Mr Ong<br />
Ye Kung, Assistant General<br />
Secretary of National Trades<br />
Union Congress, praised<br />
<strong>Keppel</strong> Shipyard for its<br />
efforts in people building<br />
and innovation efforts.<br />
He said, “<strong>Keppel</strong> Shipyard<br />
has provided training<br />
courses with an emphasis<br />
on safety to its workers.<br />
<strong>Keppel</strong> has also<br />
introduced platforms to<br />
foster a culture of innovation<br />
to improve efficiency at the<br />
workplace.<br />
“With a tightening market<br />
for skilled labour, productivity<br />
output, safety and flexibility<br />
of deployment are key to the<br />
success of a company and<br />
I am glad to note that<br />
through innovations and<br />
training programmes, <strong>Keppel</strong><br />
Shipyard has made solid<br />
achievements in productivity<br />
through the years.”<br />
KEU and <strong>Keppel</strong> management, with Guest-of-Honour Mr Ong Ye Kung (first row fifth from right), showing a united front in their 42nd year of<br />
excellent relations<br />
Held at Orchid Country Club,<br />
KEU members also received<br />
awards of appreciation for<br />
their long service during the<br />
Conference. keppelite<br />
The SAFRA-<strong>Keppel</strong><br />
Quadthlon challenge!<br />
500 metres of swiming in<br />
the cold choppy sea;<br />
12 kilometres (km) of in-line<br />
skating; 20 km of cycling<br />
and finally, six km of running<br />
at the East Coast Park,<br />
Singapore. If the thought of<br />
doing all that thrills you,<br />
challenge yourself by taking<br />
part in this first-of-its kind<br />
race in the world either<br />
individually or in a team of<br />
four.<br />
Registration is free for<br />
all <strong>Keppel</strong>ites. To sign up,<br />
download the registration<br />
and indemnity forms from<br />
www.safra.sg/<br />
page.aspxpageid=458<br />
and email the completed<br />
forms to Ainon@<br />
keppelshipyard.com.<br />
Deadline for registration is<br />
1 October <strong>2010</strong>.<br />
Categories:<br />
• Men’s / Women’s Open<br />
• Men’s / Women’s Open<br />
Relay (team of four)<br />
• Corporate Relay (team of<br />
four representing your<br />
business unit)<br />
For more information, log on<br />
to www.safra.sg/quadthlon.<br />
For enquiries, email to<br />
quadthlon@safra.sg or call<br />
6788 8400/1/2/3/4. keppelite<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Nurturing Communities 41<br />
Arts Kakis<br />
New Arts Kaki, Mrs Yap Tsui Lan (extreme right) shares her delight with the <strong>Keppel</strong> Nights enhancement with Mr Teo Soon Hoe, Senior ED and Group Finance Director of <strong>Keppel</strong> <strong>Corporation</strong><br />
(third from right), Mr Lee Suan Hiang, ED of ACDO (fourth from right), and Ms Wang Look Fung, GM (Group Corporate Communications) of <strong>Keppel</strong> <strong>Corporation</strong> (extreme left)<br />
Long-time supporter of the<br />
arts, <strong>Keppel</strong> <strong>Corporation</strong>,<br />
together with the Ministry of<br />
Information, Communications<br />
and the Arts (MICA), proudly<br />
unveiled plans on 4 <strong>August</strong><br />
<strong>2010</strong> for an enhanced<br />
<strong>Keppel</strong> Nights scheme. The<br />
new scheme will open up<br />
more opportunities for<br />
first-time goers and those<br />
who cannot afford full-price<br />
ticket purchases to enjoy arts<br />
shows.<br />
Introduced in 2008, <strong>Keppel</strong><br />
Nights is Singapore’s first<br />
ticket subsidy scheme to<br />
benefit and cultivate<br />
audiences for the arts. It is a<br />
collaboration between<br />
<strong>Keppel</strong> and MICA’s Arts and<br />
Culture Development Office<br />
(ACDO), which is the<br />
scheme’s administrator.<br />
SISTIC, a major ticketing<br />
service provider in Singapore,<br />
lends support to <strong>Keppel</strong><br />
Nights by providing technical<br />
advice and support.<br />
work under the scheme to<br />
enjoy subsidised or free<br />
tickets benefits (read more<br />
about the enhanced scheme<br />
on page 42).<br />
The target beneficiary<br />
audience of <strong>Keppel</strong> Nights<br />
are people who either lack<br />
the financial means to enjoy<br />
the arts, have never attended<br />
a ticketed show or are from<br />
the young and elderly age<br />
groups.<br />
enhancements to the<br />
scheme which will provide<br />
for greater choice in arts<br />
activities, and encourage<br />
volunteerism and community<br />
service which are aligned<br />
with our corporate thrust of<br />
Nurturing Communities.”<br />
Sharing the same<br />
Since its launch, the scheme<br />
has supported about 150<br />
shows, offering 12,500<br />
subsidised tickets and<br />
benefitting more than<br />
sentiments, Mr Lee Suan<br />
Hiang, ED of ACDO, said,<br />
“We are pleased to continue<br />
our partnership with <strong>Keppel</strong><br />
<strong>Corporation</strong> in the <strong>Keppel</strong><br />
11,000 people. The Mr Teo Soon Hoe, Senior ED Nights scheme which has<br />
enhanced scheme will not<br />
only continue to see people<br />
who qualify for it enjoy halfprice<br />
tickets, but will also<br />
allow people doing voluntary<br />
and Group Finance Director<br />
of <strong>Keppel</strong> <strong>Corporation</strong>, said,<br />
“Building on the success we<br />
have enjoyed with ACDO,<br />
we are excited about the<br />
proven to be popular with<br />
both the arts promoters and<br />
community at large.”<br />
Continues on page 42...<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
42 Nurturing Communities<br />
...continued from page 41.<br />
Under the enhanced scheme,<br />
volunteers can sign up to be<br />
Arts Kakis to help reach out<br />
to beneficiaries to attend arts<br />
performances. Mrs Yap Tsui<br />
Lan, Vice Principal of<br />
Methodist Girls School, was<br />
the first to sign up as an Arts<br />
Kaki. She will be helping to<br />
take the financially needy<br />
students in her school to arts<br />
events.<br />
She has also encouraged the<br />
teachers in charge of<br />
performing arts societies in<br />
her school to apply. In an<br />
interview with The Straits<br />
Times, she shared, “Arts<br />
education, as a form of<br />
humanities, can help us<br />
study human relationships.<br />
It can hence help to make<br />
our school students more<br />
gracious, which will in turn<br />
benefit the society in<br />
general.”<br />
FRIED RICE PARADISE<br />
Celebrating the launch of the<br />
enhanced <strong>Keppel</strong> Nights,<br />
<strong>Keppel</strong> hosted a group of<br />
50 beneficiaries from the<br />
Association for Persons with<br />
Special Needs, <strong>Keppel</strong>’s<br />
adopted charity, as well as<br />
key business partners<br />
to watch the opening<br />
performance of popular local<br />
musical Fried Rice Paradise.<br />
The event was also attended<br />
by Acting Minister for<br />
Information, Communications<br />
and the Arts, Mr Lui Tuck Yew.<br />
Visit www.keppelnights.com<br />
for more details on the<br />
enhanced <strong>Keppel</strong> Nights<br />
scheme and upcoming<br />
subsidised events. keppelite<br />
Acting Minister for Information, Communications and the Arts, Mr Lui Tuck Yew (second from left), and Dr Lee Boon Yang, Chairman of <strong>Keppel</strong><br />
<strong>Corporation</strong> (extreme left), talking to some APSN students at the opening show of Fried Fried Paradise<br />
Enhancements to <strong>Keppel</strong> Nights<br />
GREATER CHOICE –<br />
BEYOND PERFORMING<br />
ARTS<br />
To cater to increasingly<br />
diverse arts and cultural<br />
preferences, <strong>Keppel</strong> Nights<br />
will now include ticketed<br />
exhibitions at museums on<br />
top of performances,<br />
presenting the public with<br />
more choices. Partners<br />
include the National<br />
Heritage Board group of<br />
museums, as well as several<br />
private museums including<br />
the Mint Museum of Toys.<br />
ARTS KAKIS<br />
Individuals passionate about<br />
arts and volunteerism are<br />
invited to be Arts Kakis to<br />
reach out to beneficiaries to<br />
attend performances and<br />
share the benefits under the<br />
<strong>Keppel</strong> Nights scheme.<br />
Those interested to be an<br />
Arts Kaki may also visit the<br />
<strong>Keppel</strong> Nights website to<br />
download the application<br />
form or contact ACDO at<br />
(65) 6837 9844.<br />
MADABOUTARTS<br />
Those who have<br />
experienced the <strong>Keppel</strong><br />
Nights scheme twice will<br />
be issued with a<br />
MadAboutArts card which<br />
entitles the bearer to a<br />
10% discount on future<br />
ticket purchases of any<br />
show staged by promoters<br />
and museums under the<br />
<strong>Keppel</strong> Nights scheme.<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
Nurturing Communities 43<br />
volunteers<br />
<strong>Keppel</strong><br />
Heavenly time in Paradise<br />
Funny, colourful and highly<br />
delectable – that was the<br />
kind of night that a group<br />
of <strong>Keppel</strong> Volunteers<br />
and students from the<br />
Association for Persons<br />
with Special Needs (APSN),<br />
<strong>Keppel</strong>’s adopted charity, had<br />
at the opening show of the<br />
musical Fried Rice Paradise.<br />
Revival of a local<br />
Singaporean musical, the<br />
show had sold 12,000 tickets<br />
even before official sales to<br />
the public started, but the<br />
APSN students had a chance<br />
to be among the first to<br />
catch it when <strong>Keppel</strong><br />
celebrated the launch of the<br />
enhanced <strong>Keppel</strong> Nights<br />
scheme (refer to pages 41 to<br />
42) on 20 <strong>August</strong> <strong>2010</strong>.<br />
Volunteers use to introduce<br />
arts and culture-related<br />
activities to APSN students.<br />
For many of these students,<br />
watching a musical was an<br />
entirely brand new<br />
experience.<br />
With a storyline peppered<br />
with elements of friendship,<br />
romance, suspense and<br />
twists, Fried Rice Paradise<br />
had the APSN beneficiaries<br />
singing and laughing along<br />
as the plot unfolded.<br />
It was also evident from their<br />
laughter that the local<br />
expressions used in the<br />
musical had struck a chord<br />
with them.<br />
Special post-show<br />
arrangements were made for<br />
the students to meet the<br />
cast. A few could hardly<br />
contain their excitement<br />
especially when meeting<br />
Singapore Idol 2004 Winner<br />
Taufik Batisah, who was one<br />
of the male leads in the<br />
show.<br />
Besides meeting the cast,<br />
they also had the privilege of<br />
meeting Acting Minister for<br />
Information, Communications<br />
and the Arts, Mr Lui Tuck<br />
Yew, making it an even more<br />
memorable night for the<br />
volunteers and their young<br />
charges. Mr Lui also took the<br />
opportunity to learn more<br />
about what APSN does for its<br />
beneficiaries.<br />
“The thrill and experience<br />
of watching a musical are<br />
made possible by the fact<br />
that <strong>Keppel</strong> Volunteers, as<br />
nominated Arts Kakis<br />
under the enhanced <strong>Keppel</strong><br />
Nights scheme, are able to<br />
invite APSN students to<br />
watch subsidised arts<br />
performances,” said Lee<br />
Shwu Huey, Chairperson of<br />
<strong>Keppel</strong> Volunteers.<br />
“It was a real treat for the<br />
students to be able to meet<br />
the stars. When Taufik hugged<br />
one of the APSN students, that<br />
moment was priceless.” keppelite<br />
Both <strong>Keppel</strong> Volunteers<br />
and students were gripped<br />
by the dazzling performance<br />
of the talented cast, and<br />
swept away by the elaborate<br />
stage and props, catchy<br />
songs, energetic dance<br />
routines and colourful<br />
costumes of yesteryears.<br />
When the melodic Malay folk<br />
song Rasa Sayang song came<br />
up, the APSN students burst<br />
into applause with the rest of<br />
the audience and hummed<br />
along to the familiar melody.<br />
Held at the Esplanade<br />
Theatre, this event is one<br />
platform which <strong>Keppel</strong><br />
Starstruck APSN students were overjoyed to meet the cast of Fried Rice Paradise<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>
44<br />
BackPage<br />
<strong>Keppel</strong> Shipyard secures contract<br />
to modify FPSO OSX-1<br />
<strong>Keppel</strong> Shipyard has<br />
secured a contract worth<br />
approximately $50 million for<br />
the modification of the<br />
Floating Production Storage<br />
and Offloading (FPSO) vessel<br />
OSX-1.<br />
The FPSO OSX-1 is owned by<br />
OSX 1 Leasing B.V. (OSX), a<br />
subsidiary of OSX Brasil S/A.<br />
Commencing in the third<br />
quarter of <strong>2010</strong>, <strong>Keppel</strong><br />
Shipyard’s scope of work<br />
includes procurement,<br />
detailed engineering and the<br />
modification of the topside<br />
process modules.<br />
<strong>Keppel</strong> Shipyard will work<br />
with BW Offshore, which will<br />
provide project management,<br />
engineering services and<br />
technical guidance services to<br />
OSX.<br />
Scheduled to leave <strong>Keppel</strong><br />
Shipyard in the second<br />
quarter of 2011, the vessel<br />
will be deployed in the<br />
Campos Basin, offshore<br />
Brazil, on a 20-year lease to<br />
OGX Petróleo e Gás.<br />
Mr Nelson Yeo, MD (Marine)<br />
of <strong>Keppel</strong> Offshore & Marine,<br />
said, “We are pleased to<br />
embark on this partnership<br />
with OSX. This contract is a<br />
result of the track record we<br />
have built up with our<br />
customers in the markets<br />
where we are present. Our<br />
ability to deliver to our<br />
customer’s satisfaction a<br />
complete range of solutions<br />
stands us in good stead to be<br />
the provider of choice for the<br />
offshore and marine industry.<br />
“Having completed a<br />
significant number of projects<br />
successfully working in Brazil,<br />
we look forward to delivering<br />
another outstanding FPSO for<br />
the region.”<br />
As of today, <strong>Keppel</strong> Shipyard<br />
has completed 11 FPSOs and<br />
two Floating Storage Regasification<br />
Units for the<br />
Brazilian market. These<br />
include FPSO BW Cidade de<br />
Sao Vicente, the first FPSO<br />
vessel to enter the gigantic<br />
Tupi deepwater field in Brazil,<br />
for BW Offshore. Earlier in<br />
the year, <strong>Keppel</strong> Shipyard<br />
had also delivered the FPSO<br />
BW Pioneer to BW Offshore.<br />
<strong>Keppel</strong> Shipyard is currently<br />
converting three other<br />
FPSOs, namely Maersk<br />
Peregrino, FPSO P-58 and<br />
FPSO Cidade De Paraty.<br />
OSX belongs to the EBX<br />
Group, founded and chaired<br />
by the entrepreneur, Mr Eike<br />
Batista, which has been<br />
developing and managing<br />
business activities for almost<br />
30 years in fields such as<br />
mining, logistics, oil and<br />
gas, real estate, energy,<br />
renewable resources and<br />
entertainment. keppelite<br />
<strong>Keppel</strong>’s impressive track record of projects for Brazil has enabled it to secure another significant project for the region with new customer OSX<br />
Printed on recycled paper<br />
<strong>Keppel</strong>ite I <strong>August</strong> <strong>2010</strong>