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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>

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