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OFFSHOREMARINEBuilder of distinctionMarch – April 2011MICA (P) 153/04/2008Securing internationalrig ordersN-KOM drydocksfirst LNG vessel7th KFELS SSDT delivered


CONTENTSSEAFOX 5 secures first charter 3More jackup orders in tow 4Choice solutions partner 8Another impressive conversion 10Seventh solid delivery 14Brilliant deliveries 20Clockwork construction 22Ideas for growth 27Keeping employees in the pink 30An hour for the Earth 31Customer focusPremium partnership 13Special reportN-KOM drydocks first LNG vessel 16CentrespreadMaking waves at Maritime Week 18Centrespread18Technology & InnovationSolutions for waste water treatment 24People profileGolden recollection 29<strong>Keppel</strong> O&M participated in this year’s SingaporeMaritime Week led by the Maritime and PortAuthority through a series of conferences,exhibitions and events from 10 to 15 April 2011.In particular, the Group was a sponsor andexhibitor of the highly anticipated biennial SeaAsia Conference. This three-day conference drewover 12,000 visitors and 340 maritime and shippingbusinesses from 40 countries.EDITORIAL BOARDEDITORIAL ADVISORTong Chong HeongEDITORLai Ching ChuanASSISTANT EDITORIvana ChuaSub EditorHuang Cui YanCOMMITTEE MEMBERSMichael Chia, Nelson Yeo, Wong Kok Seng, Hoe Eng Hock, Aziz Merchant,Dr Foo Kok Seng, Dr Lee Chay Hoon, David Low, Lynette Goh, Vett Ramos,Ching You Yi, Chin Sze Kiun, Alan I. Claveria, Betty Mok, Lucienne de Jong,Linda Mercado, Diana Chan, Roy Tan.<strong>Offshore</strong><strong>Marine</strong> is a bi-monthly publication of <strong>Keppel</strong> <strong>Offshore</strong> & <strong>Marine</strong> Ltd50 Gul Road, Singapore 629351Tel: +65 6863 7200Fax: +65 6261 7719 / 6265 1927Company registration no. 199900642R2<strong>Offshore</strong><strong>Marine</strong> March – April 2011


SEAFOX 5 secures first charterSEAFOX 5 has secured its first offshore wind farm charter in the North Sea worth over EUR 35 million<strong>Keppel</strong> FELS’ offshore wind turbineinstallation vessel has won its firstcharter contract from AarsleffBilfinger Berger (ABJV) Dan Tysk,worth over EUR 35 million. Thevessel, SEAFOX 5, is jointly builtand owned through a 75/25joint venture company between<strong>Keppel</strong> FELS and Seafox Group,a leading provider of offshoreaccommodation and multi-supportservice jack ups.Built to <strong>Keppel</strong>’s proprietaryKFELS MPSEP (Multi-PurposeSelf-Elevating Platform) concept,SEAFOX 5 is targeted forcompletion in 2H 2012. It willbe used to install offshore windfoundations in the 288 megawatt(MW) DanTysk windfarm,developed by Europe’s leadingenergy company Vattenfall andStadtwerke München, in theGerman sector of the North Sea.The customer ABJV DanTysk hasan option to extend the charter byanother 90 days.KS Wong, MD of <strong>Keppel</strong> FELS,said, “This new charter contractis a significant milestone inestablishing <strong>Keppel</strong>’s footprint asa value-added solutions providerfor the emerging offshore windenergy sector. I would like tothank our partner, Seafox, whoserich operating expertise wasinstrumental in the winning of ourfirst charter in the North Sea.”Upon completion, SEAFOX 5 willbe managed and operated byWorkfox BV, the leading operatorof multi-support service jackupsin the Southern North Sea, and amember of the Seafox Group.Keesjan Cordia, MD of SeafoxContractors BV, said, “Developersand operators of offshore windfarms place high emphasis onthe reliability of delivery andoperations. As such, the collectivestrengths and track records of theSeafox-<strong>Keppel</strong> alliance, augmentedby an outstanding vessel concept,have launched us forward insealing the charter contract withABJV DanTysk.“SEAFOX 5’s ability to withstandharsh offshore environmentalconditions all year round will beadvantageous in this first charterwhere it is expected to workthrough winter in the North Sea.We look forward to meet ABJVDanTysk’s expectations with thedelivery of safe and uninterruptedoperations as we fortify SEAFOX5’s track record.”The KFELS MPSEP, designed by<strong>Keppel</strong>’s R&D arm, <strong>Offshore</strong>Technology Development, featuresan offshore pedestal crane with a1,200-tonne lifting capacity, and aspacious deck in excess of 3,700 smwith a variable load of 7,000 MT.<strong>Offshore</strong><strong>Marine</strong> March – April 20113


More jackup orders in towWin-win partnerships haveenabled <strong>Keppel</strong> O&M group tosecure three rig orders from itsglobal customers.Jasper orders second KFELSjackupIn April, Jasper InvestmentsLimited (Jasper) has exercised itsoption with <strong>Keppel</strong> FELS to build asecond KFELS B Class jackup rig fordelivery in 1H 2013.The single-rig option was given toJasper when the customer orderedits first jackup from <strong>Keppel</strong> FELS inDecember 2010.KS Wong, MD of <strong>Keppel</strong> FELS, said,“Including this latest contract fromJasper, we have secured 17 jackuprigs since November last year. Ofthese, 14 are proprietary <strong>Keppel</strong>designs. These include 10 KFELS Band Super B Class rigs.“We are pleased that Jasperhas reaffirmed its confidence inour proprietary technology andexecution expertise by exercisingthe option for a second KFELS BClass jackup rig. We look forwardto deliver both its world class rigssafely, on time and within budget.”Similar to its first jackup rig,Jasper’s latest unit will be able tooperate in water depths of 400feet (ft), drill 30,000 ft deep andaccommodate 150 men.<strong>Keppel</strong> FELS has secured orders for ten KFELS B and Super B Class rigs in the past six monthsGeoffrey Yeoh, ED of Jasper, said,“With rapidly increasing demandin the market for safer and morecapable rigs, this is the opportune4<strong>Offshore</strong><strong>Marine</strong> March – April 2011


Senior management of Japan Drilling Company and <strong>Keppel</strong> set in motion the construction of a new KFELS Super B Class rigtime to expand our fleet andincrease our solutions for theoffshore industry. We are pleasedto be able to build another rigto the highly-rated KFELS B Classdesign with <strong>Keppel</strong> FELS.“Teaming up with the world’sleading rig designer and builderenables us to offer reliable, safeand high quality products tomeet the most stringentrequirements of the market.Building our first KFELS B Class rigsat <strong>Keppel</strong> FELS is an importantstep for Jasper in growing ourpresence in the offshore drillingmarket.”JDC orders KFELS Super B ClassIn March, <strong>Keppel</strong> FELS in Singaporewas awarded a contract fromJapan Drilling Company (JDC) tobuild a KFELS Super B Classjackup rig.Slated for delivery in 1Q 2013,JDC’s rig will be its first newbuildrig order in six years and <strong>Keppel</strong>FELS’ first for the company.KS Wong added, “JDC hasbeen very specific with therequirements from their newjackup building programme. Weare honoured that they haveselected our proven KFELS SuperB Class design to be customisedto their needs. This is a win-winpartnership that demonstratesthe strength of our proprietarydesigns.”“The KFELS Super B class rig has ahighly successful operating trackrecord in many parts of the world.And as with all our projects, weaim to deliver this latest unitsafely, on time and within budgetto JDC.”Yuichiro Ichikawa, RepresentativeDirector and Senior ManagingExecutive Officer of JDC, said,“We plan to further expand ourbusiness operations globally andstrengthen our offshore fleet toaddress the diverse needs of ourcustomers. The utilisation of ourexisting rigs is currently at anoptimal level and we believethat the KFELS Super B class willbe an important addition toboost our capabilities and offeringsto customers.”“Through earlier repair projects,we have witnessed <strong>Keppel</strong> FELS’deep commitment to quality,safety and delivery excellence.We are glad to have found alikeminded partner in <strong>Keppel</strong>,and look forward to workingclosely with them to complete anoutstanding drilling unit that fitsour exacting requirements.”The KFELS Super B Class designis one of the world’s deepestdrilling rigs with drilling depth of35,000 ft. This rig’s leg structureis uniquely designed to provideContinues on page 6...<strong>Offshore</strong><strong>Marine</strong> March – April 20115


Continued from page 5...enhanced robustness foroperations at 425 ft water depth.The rig is engineered to operatein high ambient temperatures andcan accommodate 150 personnelonboard. To date, 33 KFELS B Classand Super B Class rigs have beendelivered for operations in variousparts of the world.<strong>Keppel</strong> FELS previously completedtwo KFELS B Class jackup rigs fora JDC joint venture company withQatar Petroleum, Gulf DrillingInternational Ltd. JDC had alsopreviously sent its rigs, Hakuryu-5and Hakuryu-3, for repair andmaintenance at <strong>Keppel</strong> AmFELSand <strong>Keppel</strong> FELS respectively.Repeat rig for PerforadoraCentralOver in the US, its sister company,<strong>Keppel</strong> AmFELS LLC, has alsowon a contract from Mexico’sPerforadora Central SA de CV(Perforadora Central) to build aLeTourneau Super 116E jackup rig.<strong>Keppel</strong> AmFELS’ repeat jackup rigfor Perforadora Central is slatedfor delivery in 1Q 2013. Unlike theexisting LeTourneau Super 116Es,this will be the first Super 116Enewbuild to be further enhancedto provide for an additional1,500 kips of elevated load.It will have leg lengths of 511 ftand the capability to drill wellsup to 30,000 ft at a water depthof 375 ft.Mexico is the world’s sixthlargest producer of oil and hasthe seventh largest natural gasThe new jackup rig for Perforadora Central will be based on the LeTourneau Super 116E design;<strong>Keppel</strong> AmFELS previously delivered Tuxpan, a LeTourneau Super 116E rig to Perforadora Centralin 20106<strong>Offshore</strong><strong>Marine</strong> March – April 2011


eserve in the western hemisphere.PEMEX, Mexico’s national oilcompany, has recently announcedplans to invest approximately Ps.286.3 billion (US$23.6 billion) in2011, more than 80% of whichwould be allocated to explorationand production activities.GS Tan, President of <strong>Keppel</strong>AmFELS, said, “<strong>Keppel</strong> AmFELShas enjoyed a win-win partnershipwith Perforadora Central thatdates back to 2002. Today, weare pleased to further strengthenour years of collaboration with acontract for our third newbuildjackup rig together.“With a strategic presence at thegateway of the Gulf of Mexico,<strong>Keppel</strong> AmFELS is in a primeposition to serve this growingoffshore sector and be thepreferred solutions provider ofdrillers and operators in Mexicoand the region.”In keeping with its tradition ofsafe, on-time and within-budgetdeliveries, <strong>Keppel</strong> AmFELScompleted Tonala, an ultrapremium KFELS B Class jackupfor Perforadora Central in 2004,followed by Tuxpan, a LeTourneauS116E rig in 2010.Perforadora Central expressed,“With each successive project,<strong>Keppel</strong> AmFELS has proven itsexpert project management andconstruction capabilities, as wellas commitment to the higheststandards of safety and quality.“Our Tonala and Tuxpanjackups are turning in excellentperformances for PEMEX inMexico. We are just as confidentthat our latest newbuild by<strong>Keppel</strong> AmFELS will be anotherexceptional product to boostour track record as the foremostprovider of drilling solutionsin Mexico.”Perforadora Central is a Mexicancompany providing offshore andonshore drilling service mainlyfor PEMEX.Experts in repairsIn a nod to <strong>Keppel</strong>’s expertise inrepairs and upgrading, customers haveawarded new jobs to <strong>Keppel</strong> FELS Brasil.The Company has securedcontracts for the repair of twosemisubmersible drilling rigs. Thefirst is with Transocean UK Limited tocarry out structural, piping, electricaland painting repairs on Falcon 100,which operates in the Campos Basin.The second contract is from PrideForamer S.A.S for repairs on thePride Brazil. BrasFELS will replace17 tons of pipes as well as install thesewage unit, helideck tie-down andbackup trip tank. This is second timethe rig is in BrasFELS for repairs.With an established track record, BrasFELS is the yard of choice for repairs in the region suchas the Falcon 100 from Transocean<strong>Offshore</strong><strong>Marine</strong> March – April 20117


of diving support, subseaconstruction and anchor handling,and features a Dynamic Positioning(DP) III system.The DSCV will be equipped with afully integrated 12-men saturationdiving system that enables diversto work safely down to a depthof 300 metres, and a 250 tone (t)crane to support subsea oilfielddevelopment. It will also featurea 200 t double drum winch, fourchain lockers and a stern roller foranchor handling functions.For the newbuild pipe layingvessel, Castorone, <strong>Keppel</strong> Shipyardwill jointly execute this projectwith <strong>Keppel</strong> Singmarine. Thework scope includes detailedengineering, constructing marinesystems and outfittings. This vesselis expected to be completed inmiddle of 2012.The Company will also carry outthe conversion of a FSO vessel forBumi Armada. When completed in2H 2011, the converted FSO vesselwith storage capacity of 500,000barrels of oil will be deployed onthe Sepat oilfield (Block PM 313),located off the eastern coast ofPeninsular Malaysia.Hassan Basma, ED & CEO of BumiArmada, said, “Working with<strong>Keppel</strong> is one of the partnershipswhich we have developed overthe years of collaboration. Onethat is built on trust. The firstthree projects which <strong>Keppel</strong> hasundertaken for us were highquality vessels, delivered promptlyand safely. We look forward to yetanother FSO to complement ourfleet here in Asia.”The third contract that <strong>Keppel</strong>Shipyard secured was a fasttrackproject for the upgradingof an FPSO vessel from PetrofacInternational (UAE) LLC, asubsidiary of Petrofac. Workhas commenced in 1Q 2011. ThisFPSO facility will be able to handleboth oil and gas production foran oil and gas field offshorePeninsular Malaysia.<strong>Keppel</strong> Singmarine will build for SBM <strong>Offshore</strong> a prototype multi-purpose DSCV scheduled for delivery in 2Q 2013<strong>Offshore</strong><strong>Marine</strong> March – April 20119


Another impressive conversionNo matter how complex theprojects might be, vessel ownersand operators can trust <strong>Keppel</strong>yards to provide consistentlystrong project management andexecution.On 15 April 2011, <strong>Keppel</strong> Shipyardcompleted one of Vietnam’slargest Floating Production StorageOffloading (FPSO) vessel on timeand without incidents.Operated and managed by EMASProduction (EMAS), Lewek Emasis among Vietnam’s largest FPSOs.The vessel has been chartered byPremier Oil Vietnam <strong>Offshore</strong> B.V.for the development of theChim Sáo field off southernVietnam for six years, with anoption to extend by another sixyears. The FPSO charter contractis one of only seven signedworldwide in 2009, and is worthapproximately US$1 billion.At the vessel’s naming ceremony,Dr Lee Boon Yang, Chairman of<strong>Keppel</strong> Corporation said, “<strong>Keppel</strong>Shipyard is pleased to supportEMAS with the conversion of itssecond FPSO, Lewek Emas. Weprovided a broad spectrum ofFPSO conversion services for thisproject, including the engineeringand fabrication of topsidesmodules.“In spite of the tight schedules,<strong>Keppel</strong> and EMAS have workedclosely together to ensure that theproject works are carried out withthe highest standards of quality.The successful conversion ofOne of Vietnam’s largest FPSOs, Lewek Emas, built by <strong>Keppel</strong> Shipyard10<strong>Offshore</strong><strong>Marine</strong> March – April 2011


The managements ofs <strong>Keppel</strong>, EMAS and premier Oil celebrate a stellar partnership and the successfulconversion of FPSO Lewek EmasLewek EMAS further enhances<strong>Keppel</strong> as the choice provider ofreliable and value-added marineservices.”The project to convert the 168,000dwt Suezmax tanker into an FPSOwas awarded to <strong>Keppel</strong> Shipyard inDecember 2009. Lewek Emas is thesecond project between <strong>Keppel</strong>and EMAS. Prior to this, <strong>Keppel</strong>Shipyard had completed theconversion of EMAS’s first FPSO,Lewek Arunothai in 2008.Lionel Lee, Group MD of EMAS,said, “Lewek EMAS is our secondFPSO project with <strong>Keppel</strong> Shipyardwith whom we have establisheda win-win partnership. ThisFPSO underscores EMAS’ abilityto deliver a diverse range ofcustomised marine and offshoresupport solutions, from designand engineering to maintenanceand offshore installation. Theaddition of Lewek EMAS to ourfleet propels EMAS Productionto be one of Asia’s leading FPSOoperators.”The FPSO is expected to beginproduction in the second half of2011, and will be able to produceup to 50,000 barrels of oil per day(bopd), and store about 680,000barrels of oil on location.Lim Kwee Keong, CEO of EMASProduction, added, “The strategicforesight and creative energyof our partners have turned theLewek EMAS project into a reality.With their support, we are the firstoverseas company to secure anoffshore Vietnam loan to financethe FPSO’s conversion. Conversionsare complex undertakings andto achieve this with over fourmillion man-hours expendedsafety incident-free is a greatachievement. EMAS Production isconfident of delivering top-notchperformance with this FPSO in herupcoming assignment offshoreVietnam.”<strong>Keppel</strong> has been doing businessin Vietnam for more than 25years. The earliest project wasthe 1,200-tonne floating craneHoang Sa delivered in 1984. Afew years later, <strong>Keppel</strong> completedthe country’s first jackup rig,Tam Dao I. More recently, threemodern jackup rigs were deliveredto PV Drilling based on <strong>Keppel</strong>’sproprietary KFELS B Class Design.<strong>Offshore</strong><strong>Marine</strong> March – April 201111


A successful ventureIn April, <strong>Keppel</strong> Singmarinedelivered the transshipmentbarge Straits Venture, safely, ontime and within budget to StraitsCorporation meriting a bonus of$5,000.Richard Ong, Chairman andCEO of Straits Corporation said,“We are very optimistic aboutthe prospects for this new cranebarge and are already planningto build two more of such vesselswithin the next three years. Iam greatly appreciative of the<strong>Keppel</strong> Singmarine team for theirefficiency and on time delivery.”The vessel was named by LadySponsor, Cecilia Lew, the spouse ofRichard Ong on 5 April 2011.Hoe Eng Hock, ED of <strong>Keppel</strong>Singmarine shared, “We areglad to be a partner of StraitsCorporation for its growth andexpansion plans. We believe thelong-term prospect in the offshoreoil and gas industry remains brightand we look forward to participateand contribute to the success andgrowth of Straits Corporation.”<strong>Keppel</strong> Singmarine was awarded a $5,000 bonus for the incident-free construction of theStraits Venture coal transshipment bargeCapable of loading 30,000 tonnesof coal per day, this barge is ableto operate under challengingtransshipment conditions at sea,and has the flexibility to supportother marine operations for the oiland gas industry.Managements of <strong>Keppel</strong> Singmarine and Straits Corporation celebrate the naming of thetransshipment barge Straits Venture12<strong>Offshore</strong><strong>Marine</strong> March – April 2011


CUSTOMER FOCUSPremium partnershipsaid, “We are optimistic about themarket. If not, we would not riskbuilding so many rigs.”Strong industry fundamentalscoupled with growing demandfor operational and safetyrequirements have spurreddemand for units with hightechnical capabilities. Throughnewbuild orders and targetacquisitions of modern assets,Seadrill maintains its modern fleetprofile. It has the most modernfleet in the deepwater andpremium jackup segment.Alf Ragnar Lovdal, Senior Vice President, Asia Pacific, Seadrill (left) seen with CH Tong, CEO of<strong>Keppel</strong> O&MEstablished in 2005, Seadrill is aninternational offshore drillingcontractor providing drilling andwell services. The company’sfleet includes harsh-environmentsemisubmersibles, jackups, shallowand deepwater tender rigs anddeepwater drillships.The largest owner and operatorof self-erecting tender rigs,Seadrill recently took deliveryof West Jaya, a semisubmersibledrilling tender,built by <strong>Keppel</strong> FELSto the proven KFELS SSDT 3600Edesign.A versatile and cost effectivealternative to the fixed orfloating platform solution,West Jaya’s deployment inTrinidad and Tobago will helpgrow the market in the Americasfor semisubmersible tenders.Excluding West Jaya, Seadrill ownssix semisubmersible tenders; theseunits are deployed in SoutheastAsia and West Africa.Prior to delivering West Jaya,<strong>Keppel</strong> FELS had completed forSeadrill on time and with goodsafety records the KFELS B Classrigs West Callisto and West Juno.Alf Ragnar Lovdal, Senior VicePresident, Asia Pacific, Seadrill,Lovdal said, “When the rigsbecome older, we sell them. For us,that’s okay if somebody else wantsto work with older rigs. We arefocusing on our top quality service– that means having bettertechnology and so on (in our rigs).That means it will be moreexpensive for our people to runthe older and not so complicatedrigs.”The issue of deepwater drillingpermits in the Gulf of Mexico hasgradually resumed over recentmonths, and the general prospectfor deepwater solutions has beengood.Speaking on deepwater trends,Lovdal said, “If you go to theGulf of Mexico, Brazil and WestAfrica, there is a high demand fordeepwater rigs. If you look at Asia,we have two deepwater units andtwo to three may be in demandlooking forward.”<strong>Offshore</strong><strong>Marine</strong> March – April 201113


Seventh solid deliveryWest Jaya was delivered more than two weeks ahead of time, with a perfect safety record and within budget<strong>Keppel</strong> FELS has delivered itsseventh KFELS semisubmersibledrilling tender (SSDT), West Jaya,to Seadrill. Completed two weeksahead of schedule, the vessel wasdelivered with a perfect safetyrecord and within budget.The vessel was named at <strong>Keppel</strong>FELS on 19 March 2011 by LadySponsor Marie Chew, spouse ofMarcus Chew, Director of BusinessDevelopment at Seadrill.Speaking at the ceremony, AlfC Thorkildsen, CEO of Seadrill,said, “West Jaya is the seventhconsecutive on time, on budgetsemi-tender rig <strong>Keppel</strong> FELS hasbeen constructed for Seadrillin recent years. It is also theeighteenth rig to be delivered by<strong>Keppel</strong> FELS to Seadrill companiesover the years. With West Jaya,Seadrill has now spent in excess ofUS$ 2 billion with <strong>Keppel</strong> FELS.”West Jaya is built to <strong>Keppel</strong>’sproven KFELS SSDT 3600Edesign, which was conferred theASEAN outstanding engineeringachievement award in December2009 for its eco-friendly featuresand sustainable operations.KS Wong, MD of <strong>Keppel</strong> FELS,added, “With the success ofthis design, Seadrill is today theworld leader in the drilling tendermarket. <strong>Keppel</strong> is proud to bea partner and also the foremostdesigner and builder ofSSDTs, among other offshoremobile rigs.“As a partner for solutions, weare always keen to team up withtrend-setting customers to developsolutions for the offshore oil andgas industry. We look forward tocontinue supporting Seadrill intheir fleet expansion and furtherstrengthen their capabilities in thetender assist market.”West Jaya has enhanced mooringcapabilities and features a crane14<strong>Offshore</strong><strong>Marine</strong> March – April 2011


Seadrill is in negotiation with BPTrinidad & Tobago LLC for WestJaya to work in the Immortellefield for two years.The first unit in Seadrill’s KFELSSSDT fleet, West Pelaut, wasdesigned and built by <strong>Keppel</strong> FELSin 1994, and was conferred thehighly coveted Shell Platform Rigof the Year award in 2004, 2006and 2008.Celebrating the naming of West Jaya at <strong>Keppel</strong> FELS were Lady Sponsor Marie Chew (centre),Alf C Thorkildsen, CEO of Seadrill (left), Marcus Chew, Director of Business Development atSeadrill (second from left), CH Tong, CEO of <strong>Keppel</strong> O&M (second from right) and KS Wong,MD of <strong>Keppel</strong> FELSSeadrill’s KFELS SSDT fleetNo. Semisubmersible Drilling Tenders Delivery1.2.3.4.5.6.7.West Pelaut 1994West Menang 1999West Alliance 2001West Setia 2004West Berani 2006West Vencedor 2009West Jaya 2011capacity of 250 tonnes, four mudpumps and accommodation for160 people.the tender rig concept with aview towards new and highercapacity units.Developed by <strong>Keppel</strong>’s DeepwaterTechnology Group, the KFELS SSDTis an outstanding application ofengineering and technologicaladvancement, contributingsignificantly to environmentalprotection, as well as the safetyof operators involved in offshoreplatform development drilling.Designed to operate in deepwaters of up to 5,000 feet, thepurpose-built KFELS SSDT hasrevolutionalised the way in whichdrilling tenders operate, allowingthem to be deployed next todeepwater floating platforms.With this latest delivery, <strong>Keppel</strong>FELS has successfully completed sixKFELS B Class jackup rigs and sevenKFELS SSDTs for Seadrill. This is inaddition to the first Jackup, WestEpsilon, built for Seadrill in 1993.Alf Ragnar Løvdal, Senior VPof Seadrill Asia Pacific, said,“The six previous tender rigswe built here have establishedthemselves firmly in the marketwith a solid track record. Infact, we are seeing stronginterest from oil companies for“The success of the KFELS SSDTdesign is a result of the winningpartnership we have built with<strong>Keppel</strong> FELS. With West Jaya,they have again delivered anexceptional product that willprovide value-added solutionsfor our customers.”<strong>Keppel</strong> AmFELS in the US haspreviously built five jackups fora Seadrill subsidiary, Scorpion<strong>Offshore</strong>, while at <strong>Keppel</strong>Shipyard, three Floating Storageand Regasification Units weredelivered to Golar LNG, asubsidiary of Seadrill.<strong>Offshore</strong><strong>Marine</strong> March – April 201115


SPECIAL REPORTN-KOM ramps up operations(From left) N-KOM seeks to establish itself as the region’s new centre of excellence for offshore and marine services; Chartered by Qatargas,the LNG carrier Al Wakrah marks an important milestone in the partnership between N-KOM and MOLQatar’s highly anticipated megashipyard facility, Nakilat-<strong>Keppel</strong><strong>Offshore</strong> & <strong>Marine</strong> (N-KOM),opened its doors last November tothe keen reception of ship and rigowners in the Middle East.Strategically located at the northeasterntip of Qatar, in the Port ofRas Laffan, this 43-ha facility seeksto establish itself as the region’snew centre of excellence foroffshore and marine services.Abu Bakar Mohd Nor, CEO ofN-KOM, said, “We have beenramping up operations andtaking in projects since N-KOM’sinauguration late last year. Withthe VLCC-size drydocks now online,we are ready to help maintainand repair the fleet of our regionaland international customers.”The yard has been kept busy witha range of projects over the lastmonths. Adding to its growing trackrecord lately was the completion ofspecial survey works on the liquefiednatural gas (LNG) carrier, Simaisma.Notably, Simaisma has become thefirst LNG carrier to be drydocked inQatar. For the successful deliveryof this project on time and withoutincidents on 19 April 2011, N-KOMwas awarded a bonus by thevessel’s manager and operator,Maran Gas Maritime.Andreas Spertos, Technical Directorof Maran Gas Maritime, said, “Iam very pleased to offer N-KOMthe delivery bonus. This Simaismaproject demonstrates N-KOM’sstrong operational capabilities,and I am confident that they willcontinue to deliver value-addedservices to their customers.”Chartered by RasGas, the secondlargest LNG producer in the world,Simaisma arrived at N-KOM on29 March 2011, and was turnedaround in 20 days.Other significant projectsclinched recently by N-KOMinclude the contract to carry outcritical repair, modification andupgrading works for Gulf DrillingInternational(GDI)’s offshorejackup rig, Al-Doha.N-KOM is the only facility in Qatarcapable of undertaking the fullspectrum of works required forAl-Doha. The jackup is expected todepart in August 2011.Abu Bakar, said, “Withcomprehensive facilities and expertproject management capabilities,N-KOM offers customers a hostof solutions in ship repair andconversion, rig repair, and thefabrication of onshore andoffshore structures.16<strong>Offshore</strong><strong>Marine</strong> March – April 2011


SPECIAL REPORT“Al Doha is N-KOM’s secondjackup rig project with GDI, andwe very much appreciate theirendorsement. We will grow thispartnership through collaborationson a wider range of projects.”More recently, on 8 May 2011, theLNG carrier Al Wakrah docked atN-KOM for general repairs, overhaul,maintenance and inspection.The vessel is operated andmanaged by MOL LNG TransportCo. Ltd, and chartered to Qatargas.Mitsui O.S.K. Lines, MOL LNGTransport Co. Ltd’s parent companyentered into a Letter of Intent(LOI)for shipyard and drydockingservices with N-KOM during itsinauguration last year.Shinji Ono, Fleet Manager of MOLLNG, said, “MOL signed a letterof intent (LOI) with N-KOM forshipyard and drydocking servicesN-KOM recently clinched a contract with Gulf Drilling International to carry out criticalrepair, modification and upgrading works to its offshore jackup rig, Al-Dohaat its inauguration in Novemberlast year. Respecting this LOI, it isa great honor for us to have ourAl Wakrah as the first Qatargascharteredvessel to visit N-KOM. Asour partnerships with Qatargas,N-KOM, and various supportsystems in this country continuesto grow, we will build up ourconfidence in N-KOM to maintainour fleet of premium LNG carriers,which continue to contribute tothe safe and stable delivery of LNGcargos from Qatar.”<strong>Offshore</strong><strong>Marine</strong> March – April 201117


CENTRESPREADMaking waves at Maritime WeekThen Mr Raymond Lim, Minister for Transport and Second Minister for Foreign Affairs, and Michael Chia, MD(<strong>Offshore</strong>) of <strong>Keppel</strong> O&M and Chairman of Singapore Maritime Foundation, taking a closer look at a KFELS B Classjackup at the opening of Singapore Maritime WeekCH Tong, CEO of <strong>Keppel</strong> O&Mfrom right), government offic“There is a lot of room still forowners, operators, shipyards andother equipment and serviceproviders in Asia to learn fromone another, and collaborateto raise the safety quotient andattractiveness of Asia’s maritimeindustry as a whole.”CH TongCEO of <strong>Keppel</strong> O&MThe business community heremade a strong presence at thisyear’s Singapore Maritime Week(SMW) led by the Maritimeand Port Authority (MPA).<strong>Offshore</strong><strong>Marine</strong> highlights<strong>Keppel</strong> O&M’s participation inthis major maritime eventthrough a series of conferences,exhibitions and events from10 to 15 April 2011.Sea Asia 2011The highly anticipated biennialSea Asia Conference returned toSMW this year, bringing togetherbusiness leaders and maritimeprofessionals from diverse sectorsof the global shipping industry.Organised by Seatrade and theSingapore Maritime Foundation,the three-day convention, of which<strong>Keppel</strong> O&M was a sponsor andexhibitor, drew over 12,000 visitorsand 340 maritime and shippingbusinesses from 40 countries.<strong>Keppel</strong> O&M also hosted theofficial Sea Asia 2011 cocktailreception, forging and renewingties with customers, industrypartners and vendors. Meanwhile,the company’s joint venture yard inQatar, Nakilat-<strong>Keppel</strong> <strong>Offshore</strong> &<strong>Marine</strong>, staged a sizeable presenceas an exhibitor at this event heldat Marina Bay Sands Expo andConvention Centre.18<strong>Offshore</strong><strong>Marine</strong> March – April 2011


CENTRESPREADTraining Development Awardat the Singapore InternationalMaritime Awards (IMA) on12 April 2011.The IMA recognises individualsand companies for theircontributions to Singapore’sdevelopment as a premier globalhub port and internationalmaritime centre. Held inconjunction with SMW 2011, andorganised by MPA, the eveningfunction was well-attended byluminaries from leading local andinternational maritime-relatedcompanies.(centre) together with Singapore’s Deputy Prime Minister, Mr Teo Chee Hean (fourthials and partners from Nakilat at Sea Asia 2011A full day of the conferencewas set aside to discuss thedevelopments, role and potentialof offshore oil and gas in the Asianenergy mix, and the engineeringchallenges faced as the industrymoves into deeper waters andmore demanding environments.CH Tong, CEO of <strong>Keppel</strong> O&M,chaired a session entitled‘The interface with the AsianMaritime Sector’ with fiverenowned industry panelists. Theopportunities offshore energycreates for the Asian maritimesector, offshore technologyevolution, support fleet demand,and the environmental and safetychallenges of offshore operations,were among several key areasdiscussed.“With Singapore as the gateway toAsia, there are many opportunitiesfor dialogue, meaningful exchangeand to harness the collectivestrengths of the Asian maritimecompanies.”International MaritimeAwardsContinuous efforts to build upthe industry’s talent pool andraise the offshore and marineknowledge and technologycapital in Singapore, <strong>Keppel</strong> O&Mwas bestowed the Excellence inThis occasion also saw the signingof the Maritime Singapore GreenPledge by ten industry members,including <strong>Keppel</strong> O&M. Witnessedby Mr Raymond Lim, Minister forTransport and Second Minister forForeign Affairs, the signing bringstogether key maritime communitymembers to champion clean andgreen shipping in Singapore.Emphasising <strong>Keppel</strong>’s strong focuson sustainable operations,KS Wong, MD of <strong>Keppel</strong> FELS said,“We are committed to energyconservation and environmentprotection. Our operations areinfused with responsible businesspractices and through technologyinnovation, we incorporate uniquefeatures into our product designsto reduce environmental impactand promote safe and sustainableoperations.”<strong>Offshore</strong><strong>Marine</strong> March – April 201119


Brilliant deliveries<strong>Keppel</strong> O&M’s yards continue exceed customer expectations withthe safe, on-time and within-budget delivery of value-addedproducts and services.SPARKLING RESULTSAlpha Star, the second DSS38 semisubmersible rig built forcustomer Queiroz Galvão Óleoe Gás (QGOG) by <strong>Keppel</strong> FELSwas delivered on 26 March 2011,four months ahead of scheduleand incident-free. For this stellarconstruction record, <strong>Keppel</strong> FELSwas awarded a bonus ofUS$8 million by the customer.CH Tong, CEO of <strong>Keppel</strong> O&M,said, “This is our second safe andearly delivery to QGOG and asterling record for our company.This outstanding achievementis a demonstration of the greatteamwork and synergy we havebuilt with QGOG. ”Alpha Star has been chartered byPetrobras for six years to supportexploration and productionactivities offshore Brazil.Leduvy Gouvea, CEO of QGOGsaid, “With this ahead-of-scheduledelivery, we are able to startwork earlier for Petrobras, andreinforce our status as the premierdrilling operator in Brazil. We areconfident that Alpha Star will bejust as successful as its sister rig,the DSS 38 Gold Star, whichis performing successfully forPetrobras in Brazil.”Noble completionThe fabrication of the stern blockmodule for the drillship, Noble LeoSegerius, was completed ahead ofschedule and with an impeccablesafety record by <strong>Keppel</strong> FELS.Mick Robson, Noble’s ProjectManager, said, “The project teamsworked incredibly hard to meetthe targets and goals. <strong>Keppel</strong> FELS’finishing and attention to detailhas to be about the best in theworld. The project exceeded 1.5million man hours worked withouta single lost time incident. This is aremarkable achievement indeed.”Alpha Star, the second of two DSS 38 semisubmersible rigs built by <strong>Keppel</strong> FELS for Brazil’sQueiroz Galvão Óleo e Gás, has been delivered four months earlyThe completed module departedon 23 February 2011 for <strong>Keppel</strong>FELS Brasil, which secured thejob to upgrade and repair thedrillship from Noble Drilling(Nederland) B.V. in 2009. Whilethe module was being completed20<strong>Offshore</strong><strong>Marine</strong> March – April 2011


in Singapore, <strong>Keppel</strong> FELS Brasilwas concurrently fabricating thesponson tanks. The synergy ofthe yards enabled the work to beexpedited.to work with you on futureprojects at <strong>Keppel</strong>.”Ocean America departed<strong>Keppel</strong> FELS promptly on 5 March2011 for its deployment offBroome in the Browse Basin ofPerth, Australia.Upon arrival at the BrasFELS yard,the module will be integratedwith the existing vessel. Theremaining work scope involvesthe fabrication, repair andreplacement of components,including the accommodationblocks, sponsons and heliport.Diamond upgradeLong-time customer Diamond<strong>Offshore</strong> was highly satisfied afterupgrades to its semisubmersiblerig, Ocean America, werecompleted on time, within budgetand with zero lost-time incidents.Completed safely and ahead of schedule, the stern block module for Noble Leo Segeriuswas transported from Singapore to Brazil in about 30 daysIn a letter of commendationto <strong>Keppel</strong> FELS’ constructionmanager, Firdaus Rahim, and theproject team, David Wedgeworth,Senior Projects Coordinator forDiamond <strong>Offshore</strong> said, “You andyour project team were able todeliver our project quickly andwith a desired quality of work.This in turn kept me under budgetand on schedule.“Your team met every challengeand change of work scope with anoutstanding attitude and a greatdesire to achieve quality with thefinished product. I look forwardDiamond <strong>Offshore</strong> commended <strong>Keppel</strong> FELS as the upgrades to its semisubmersible rig, OceanAmerica, were completed on time, within budget and with zero lost-time incidents<strong>Offshore</strong><strong>Marine</strong> March – April 201121


Clockwork constructionFrom Singapore to Kazakhstan,<strong>Keppel</strong> yards worldwide maketimely progress and achieve safetymilestones on their projects.Enhanced performance<strong>Keppel</strong> FELS and Saudi Aramcocelebrated two special milestones on2 March 2011 – the keel laying of anenhanced Super B Class jackup andthe first million man-hours workedon this vessel without any lost-timeincident.The complete lower hull, comprising ten lower hull blocks, was joined together in this first-of-itskind keel-laying ceremonyInstead of laying only one block ofthe hull, as in a typical keel-layingceremony, <strong>Keppel</strong> FELS had alreadycompleted the fabrication, outfittingand painting of the entire hull.Aziz Merchant, ED of <strong>Keppel</strong> FELS,said, “It was a record achievementto be able to meet the challengeof completing and joining the tenblocks together for this milestone.This is the result of good planning,teamwork and execution by theprojects teams of <strong>Keppel</strong> FELS andSaudi Aramco.”Ghalib Al-Alwan, Manager of theNorthern Area Projects Department,Saudi Aramco, congratulated theteams, saying, “Today’s celebrationredefines the meaning of keellayingand reflects the desire by theteams to push the envelope, whilemaintaining high safety standards.The next phase of the project will bechallenging but we look forward tocontinue the close cooperation.”Aziz Merchant, ED of <strong>Keppel</strong> FELS, receives an award from Ghalib Al-Alwan, Manager of theNorthern Area Projects Department, Saudi Aramco, for the safety milestone achieved on theprojectOn this project, other than dailysafety meetings, there are weeklywalkthroughs with all tradesuperintendents and subcontractor22<strong>Offshore</strong><strong>Marine</strong> March – April 2011


Gary Rutland, Drill Site Manager of Transocean (in red), strike steels fortwo Super B Class bigfoot jackupsIn recognition of its commitment towards zero accidents,Agip KCO presented <strong>Keppel</strong> Kazakhstan with an awardsupervisors to identify unsafe actsand hazards. They also attendcourses such as safety leadershipand confined space training.Progressing well on schedule, theSuper B Class Enhanced jackup rig isslated for delivery in the second halfof 2012.Striking startGetting off to a good start, thejackups of Transocean and Asia<strong>Offshore</strong> Drilling (AOD) struck steel inMarch and February 2011 respectively.The strike-steel ceremony forTransocean’s two Super B Classbigfoot jackups was held on1 March 2011.Lam Khee Chong, Senior ProjectManager from <strong>Keppel</strong> FELS, said,“Our challenge in building theserigs is to meet the tight constructionschedule of 23 months, whilstfulfilling the various requirementsfrom Transocean and their clients.Drawing on <strong>Keppel</strong> FELS’ vastexperience and our closecollaboration with Transocean,suppliers and subcontractors,we are confident that we cansuccessfully complete these fasttrackprojects.”On 22 February 2011, AOD, anaffiliate of Mermaid Maritime,struck steel on its second KFELSB class jackup. The ceremony waswitnessed by Directors from AODas well as senior management from<strong>Keppel</strong> O&M.<strong>Keppel</strong> FELS’ Project Manager,Marlin Khiew, said, “This is oursecond strike steel for AOD inslightly more than two months.Building these two rigs almostsimultaneously enables us to havegreater synergy in project execution.Through close cooperation, welook forward to achieve ourmilestones on the two rigs for AODon time, on budget and safely.”The way of safetySince its partnership with AgipKazakhstan North CaspianOperating Company N.V.(Agip KCO) from 2005, <strong>Keppel</strong>Kazakhstan has achieved arecord of 10 million man-hourswithout lost-time incident (LTI).In recognition of its commitmenttowards zero accidents, Agip KCOpresented the company with anaward on 7 February 2011.Michael Hackley, <strong>Offshore</strong>Infrastructure & Civil’s ProjectManager from Agip KCO, said,“This is a fitting tribute to <strong>Keppel</strong>employees, who have worked hardto inculcate the safety culture intheir workforce as ‘the way we dothings here’.”The customer contracted <strong>Keppel</strong>Kazakhstan to fabricate pipe racksmodules and build four barges,which have supported the firstphase of development of theKashagan oil field. The Companyhas gone on to secure additionalwork orders through the yearsfor an additional three bargesand seven units of Ice-BreakingEmergency Evacuation Vessel berthconnected pontoons.<strong>Offshore</strong><strong>Marine</strong> March – April 201123


TECHNOLOGY & INNOVATIONSolutions for waste watertreatmentThe existing water treatment system in the market is unable to separate the hydrocarbons from the produced watercompletely, leaving remnants of 0.1% to 10%.Produced water, or waterassociated with reservoir fluids indrilling activities, comprises 98% ofthe waste water generated fromoil and gas operations. Over thepast decade, the increased outputof such waste water has arousedenvironmental concerns and poseda significant waste managementchallenge for oilfield operators.annually. Due to its potentialenvironmental impact, producedwater must be further treated forremaining hydrocarbons beforebeing discharged into the sea. Theallowed disposal concentrationvaries across countries.Another preferred methodof operators is to re-injectproduced water into a disposalwell. Contaminants, which couldotherwise plug the reservoir and/ordamage injection equipment, mustbe removed carefully.Recent studies have revealedthe presence of contaminantsin produced water in vicinity ofdischarge sites. Chronic exposureto such bioaccumulation andtoxicity of produced water wouldfurther impact the development ofmarine life.It is estimated that about19 billion barrels of producedwater are discharged to the ocean<strong>Offshore</strong> produced water disposal regulations24<strong>Offshore</strong><strong>Marine</strong> March – April 2011


TECHNOLOGY & INNOVATIONTypically, the produced water isseparated from the hydrocarbonsby passing the well streamthrough process equipmentsuch as three-phase separators,dehydrators, and/or a free-waterknockout vessel. These gravityseparation devices are unable toseparate the hydrocarbons fromthe produced water completely,leaving remnants of 0.1% to 10%.Innovative, environmentallyfocused and reliable methodsfor produced water treatmentare in great demand. The marketfor final stage produced watertreatment systems is estimated tobe around $4.3 billion for the nextfive years while the market forre-injection systems is around$9.8 billion over the same period.Currently, DPS Bristol, <strong>Keppel</strong>’sassociated process engineeringgroup in United Kingdom andKOMtech are collaboratingto develop a full range ofinnovative waste water treatmenttechnologies to address concernsthat are more cost effective andefficient than existing ones.DPS Bristol is experimentingwith new advanced centrifugetechnologies that is capableof separating oil, water, solid,gas and emulsion. Other DPSinnovative products includedeveloping a hydrocyclonemethod to achieve a much betterseparation of oil droplets fromproduced water. This enhancedmethod requires lower inletpressure, which in turn allowscustomers to save their operatingcosts.Once ready, these technologieswould help operators to minimiseoperating costs, maximisefootprint and energy efficiency,while maintaining productionand/or increasing oil recoveryrates.<strong>Offshore</strong> produced water disposal regulationsCountriesEcuador , ColombiaBrazilArgentina and VenezuelaIndonesiaMalaysia, Middle EastAngola, Cameroon, Ivory CoastNigeriaNorth SeaAustraliaThailandUSARussiaallowable disposal concentrations30 mg/l All facilities(previously 30 ppm) 20 mg/l All facilities15 mg/l New facilities25 mg/l Grandfathered facilities30 mg/l All facilities50 mg/l All facilities30 mg/l (follow North Sea OSPAR)(before 2006, 40 ppm) 30 mg/l All facilities30 mg/l All facilities50 mg/l All facilities(Zero discharge inland water) 29 mg/I OCS water(enclosed 0.05 ppm) 15 mg/l (Baltic Sea)*1 mg/l = 1 ppm<strong>Offshore</strong><strong>Marine</strong> March – April 201125


Boosting resilienceA robust Business ContinuityManagement (BCM) frameworkunderpins the ability of <strong>Keppel</strong>O&M group to perform dailyoperations and deliver criticalservices to customers withminimal disruptions duringemergencies.On 17 March 2011, <strong>Keppel</strong>O&M group held a table-topexercise, which was conducted incompliance with the regulationslaid down under the Internal Ships& Ports Security requirements forworld-class maritime facilities.The exercise was intended toaddress and manage potentialthreats and disruptions tooperations arising from outbreakof epidemics, terrorism, naturalcalamities and damages tocritical facilities.Attended by <strong>Keppel</strong> O&Msafety personnel, the SingaporeCivil Defence Force and the police,the exercise spawned in-depthdiscussions on various scenariosrelated to security issues.Anthony Toh, Group SecurityManager of <strong>Keppel</strong> O&M, said,“Even though there is no currentinformation of any specificthreats against Singapore, oursecurity assessment is that thethreat of terrorism in Singaporeremains real.<strong>Keppel</strong> O&M’s security team, the Singapore Civil Defence Force and the police exchanged views onsecurity management“Such discussions provide us withthe opportunity to get more familiarwith one another’s operationalprocedures so that we can betterrespond to emergency situationsshould they arise in future.”Spurring productivity<strong>Keppel</strong> O&M’s continuous effortsto enhance productivity havehelped to sustain its positionas the world’s leading offshorerig designer and builder fordecades.CB Choo, CEO of <strong>Keppel</strong>Corporation and Chairman of<strong>Keppel</strong> O&M, shared this and thetenets of what productivity entailsto the <strong>Keppel</strong> Group, as keynotespeaker, at the Building andConstruction Authority’s(BCA) annual staff conference on11 March 2011.A firm foundation anchoredin the core values of safety,accountability, innovation andcustomer focus, form the bedrockof <strong>Keppel</strong>’s growth, CB Chooshared. He also shed light on how<strong>Keppel</strong>’s long-term capability tocreate value is enhanced throughleveraging technology, automationand prefabrication, as well asstandardised processes.Addressing the 100-strong udiencewhich included Quek See Tiat,Chairman of BCA, CB Choo said,“Equally important, we need tolook into the ‘heart ware’ – thepeople factor and the mindset. Toachieve consistent excellence, wehave to communicate with andmotivate our people to embrace acommon set of core values.”26<strong>Offshore</strong><strong>Marine</strong> March – April 2011


Ideas for growthcustomers achieve their commercialand business goals.”The two-day conference wasattended by 80 participantsfrom government agencies andcorporations.Engineering the futureTo remain a forerunner in theglobal offshore and marine sector,Singapore must continue tonurture new talents to breaknew grounds and maintainthe lead.CH Tong, CEO of <strong>Keppel</strong> O&M, shared how technology innovation and service excellence playa key part in keeping the company ahead of the gameAs the Guest-of-Honour at theSociety of Naval Architects &<strong>Marine</strong> Engineers, Singapore’s(SNAMES) annual Dinner & Danceheld on 4 March 2011, CH Tongemphasised this message andelaborated on the importantcontributions by SNAMES tothe industry.To stay ahead of competition, it isimportant not only to constantlyinnovate but to also nurture thenext generation of thinkers.CH Tong, CEO of <strong>Keppel</strong> O&M,shared on <strong>Keppel</strong>’s efforts topromote innovation at the heart ofthe organisation with the businesscommunity in recent months.Driving innovation &Service excellenceAt the Innovation and ServiceExcellence conference in Batamon 25 February 2011, CH Tongelaborated on how technologyinnovation and service excellencehave helped <strong>Keppel</strong> O&M outperformits competitors to becomea global leader today.CH Tong said, ”At <strong>Keppel</strong> O&M,technology innovation is onekey element of our strategy tocreate value and achieve customersatisfaction. We constantly investin research and development andcontinue to do so even during theworst downturns.“We do not simply innovate for thepurpose of creating new solutions.Whatever we create must help ourCH Tong shared, “The offshoreand marine industry, which <strong>Keppel</strong>represents, is highly dependenton a constant supply of skilledtalents to drive its success. As themaritime industry expands, sodoes the need for a highly trainedworkforce and to build up our poolof Singaporean naval architectsand marine engineers.”He added that with increasinglystringent environmental and safetystandards, Singapore is well-placedto develop better technologies andprocesses where naval architectsand marine engineers play a keyrole in helping the industry meetits challenges.<strong>Offshore</strong><strong>Marine</strong> March – April 201127


Developing talentsThe <strong>Keppel</strong> Leadership Development programme is one of several talent development schemes offered by the <strong>Keppel</strong> CollegeThe <strong>Keppel</strong> College held severalprogrammes in recent months toadvance the development of staffin the areas of leadership, teambuilding and mentorship.Forging Leadership &TeamworkA group of 23 employees comingfrom <strong>Keppel</strong> O&M and otherbusiness units in <strong>Keppel</strong> Grouptook part in the 11th <strong>Keppel</strong>Leadership DevelopmentProgramme from 24 to26 February 2011.Organised with Outward BoundSingapore, the programme usesan adventure-based “learn-bydoing”approach to improve theparticipants’ self-perception andself-efficacy, leading to greaterpersonal effectiveness andresilience.Held at Pulau Ubin, the programmeproved to be challenging, yet funand enriching for the participants.Having endured three activitypackeddays together, many ofthem forged new friendships andgood memories with one another.DEVELOPING MENTORS<strong>Keppel</strong>’s mentoring programmeattaches mentors to new hires tohelp them adjust and understandthe Company’s environment andculture.On the afternoon of 13 April2011, <strong>Keppel</strong> College organised ahalf-day mentoring workshop formentors across the organisation.Led by CPP Asia Pacific, theworkshop explained theobjectives of the mentoringprogramme, and also broughtthe mentors’ attention to thebenefits as well as limitationsof mentoring. Various methodsand processes were introduced,and exercises were carried outto coach the participants ontheir communication skills andquestioning techniques.“The workshop was veryinformative and engaging. I feelthat I am in a better position nowto share my experiences in theGroup to guide my mentees,”shared Terry Wong, Senior ProjectManager, <strong>Keppel</strong> Shipyard.28<strong>Offshore</strong><strong>Marine</strong> March – April 2011


PEOPLE PROFILEGolden recollectionHaving worked at <strong>Keppel</strong> for50 years, Ibrahim Bin Bachikhas witnessed the company’sremarkable growth from a smallshiprepair yard in the 1960s intoa provider of choice for theglobal offshore and marineindustry today.It was in 1960, at the age of 19,that Ibrahim joined SingaporeHarbour Board, which waslater renamed <strong>Keppel</strong> Shipyard.Working as a messenger, hetravelled around Singapore in avan delivering packages.He subsequently became a PlanPrinter in the drawing department.Ibrahim elaborated, “In thosedays, plan drawings were done byhand. In order to make copies ofit, I would take a photo and thendevelop that photo myself withthe in-house machine. It was justlike how a photo studio developsnegatives. Today, of course, theplans are drawn on computers andprinted out with printers withinseconds.”reasons I have stayed with <strong>Keppel</strong>for so long is because I have alwaysfelt secure in my job.”Over the years, Ibrahim has helpedmentor new recruits. Illustratinghis philosophy of renewal, he said“My uncles who worked here –two as electricians and one as adriver – had recommended meto this company. I have in turnrecommended my son.”Reduan, a Senior Engineer inthe Plant and MaintenanceDepartment, who has worked at<strong>Keppel</strong> Shipyard for seven years,said, “I remember my dad workingat the shipyard when I was young.When I became an engineer, themarine industry was the naturalchoice and where better than<strong>Keppel</strong>? Having worked here fora while now, I can see how the<strong>Keppel</strong> spirit is nurtured throughthe generations.”Ibrahim who recently retired as anAdministrative Assistant now looksforward to watching his son’s 4month old baby take baby steps,and perhaps blossom into anothernext-generation <strong>Keppel</strong>ite.At <strong>Keppel</strong> Shipyard’s year-endcelebration last year, Ibrahimwas given a warm farewell andpresented with a plaque, a for hisyears of dedicated service towardsthe company.Recalling his early days fondly, hesaid, “My colleagues and bossestook good care of me and reallyhelped me out. During my timein <strong>Keppel</strong>, I learnt many newskills and my colleagues werelike my second family. This spiritof camaraderie has stayed with<strong>Keppel</strong> since its Singapore HarbourBoard days.“During difficult times, we bandedtogether and kept up positiveattitudes. The management hasbeen very supportive; one of theThe longest serving <strong>Keppel</strong>ite, Ibrahim (left), with his son Reduan at <strong>Keppel</strong> Shipyard<strong>Offshore</strong><strong>Marine</strong> March – April 201129


Keeping employees in the pinkKeeping osteoporosis, a conditionof weak and porous bones, atbay is as simple as drinking moremilk each day. <strong>Keppel</strong> Shipyardspread this simple health messageand showed its care and concernfor the health of its workforceby holding Milk Day on 18 March2011.Each employee received a nutritiouspacket of milk as a reminder toincrease one’s calcium intake.60 participants attended theworkshops. They were encouragedto engage in regular weightbearingand resistance exercises tohelp increase their bone mass orslow down age-related bone loss.At the workshops, a dietician alsodemonstrated how to preparehigh-calcium snacks, as essential tohaving strong bones is maintaininghealthy intakes of calcium andvitamin D.Driving the effort was <strong>Keppel</strong>Shipyard’s Workplace HealthCommittee, which aims to help keep<strong>Keppel</strong>ites interested in diverseaspects of health and wellness.The committee collaborated withthe Health Promotion Board (HPB)to organise the “Healthy BonesBegin with You” workshops at<strong>Keppel</strong> Shipyard (Tuas) on 15 and22 March 2011.Yoon Meng Chin, an accountantat <strong>Keppel</strong> Shipyard, said, “Theworkshops were very informative.I found the sharing on the varioustypes of high calcium food – suchas nuts, seeds and papaya –especially useful as my stomachdoes not take well to dairyproducts. I hope that therewill be more of such initiativesin future.”<strong>Keppel</strong> Shipyard’s Workplace HealthCommittee organised the “Healthy BonesBegin with You” workshop at <strong>Keppel</strong> Shipyard(Tuas) on 15 and 22 March 2011To promote a healthy lifestyle amongst its employees, <strong>Keppel</strong> Shipyard held Milk Day on 18 March 2011 andgave every employee a nutritious packet of milk30<strong>Offshore</strong><strong>Marine</strong> March – April 2011


An hour for the EarthStudents from the Singapore Polytechnic and staff from <strong>Keppel</strong> Housing observe Earth Hour with <strong>Keppel</strong>’s foreign workers<strong>Keppel</strong> O&M’s yards in Singaporeand the Philippines ralliedtogether to do their part for theenvironment, pledging support forthe Earth Hour, an initiative by theWorld Wildlife Fund.They switched off all lights inoffices and open-air car parkson 26 March 2011, from 8.30pmto 9.30pm, in accord with EarthHour. Eco-friendly tips werealso disseminated throughelectronic memos and postersto spread the green message toemployees.Meanwhile, its foreign workersresiding at the Acacia, Juniperand Kian Teck accommodationlodges joined in the dimmingof lights. Collectively, thesedormitories saved 504 kilowattsof energy during Earth Hour.Earth Hour started in 2007 inSydney, Australia when 2.2 millionhomes and businesses turned theirlights off for one hour in unitedfront for climate change and since,the initiative has become a globalsustainability movement.<strong>Offshore</strong><strong>Marine</strong> March – April 201131


Adding colour to lifeWith a dash of white and a splashof green, 20 employees from theBrasFELS yard decorated the facesof elderly folk with smiles, as theygave a fresh coat of paint to thewalls of the O Bem Querer A CasaDo Idoso old age home in Japuiba,Angra dos Reis.Armed with brushes in their handsand a determination to add colourto the lives of the elderly, thevolunteers also roped in supplierssuch as Extraquadro, whichcontributed 13 tins of paint to thecause.Putting her work skills to good use,Clelia Dias from BrasFELS’ paintingsection was quick to lend a hand byguiding her less experienced fellowvolunteers on how to do a goodpaint job. “All the time and effortspent was worthwhile, especiallywhen you see how such a simplegesture brings joy to the elderly,”she said.The painting project wascompleted in two days. Asthe saying goes, many handsmake light work. Clelia andher colleagues hope that more<strong>Keppel</strong>ites will step forward andoffer their time and skills for thenext Voluntarios Program, a seriesof community outreach activitieschampioned by BrasFELS.Volunteers from BrasFELS gave a fresh makeover to the O Bem Querer A Casa Do Idosoold age home32<strong>Offshore</strong><strong>Marine</strong> March – April 2011


Relaying hopeRunning for life was what 40employees from <strong>Keppel</strong> AmFELSdid at a national campaignorganised by the AmericanCancer Society to celebrate cancersurvivors and raise funds forresearch.<strong>Keppel</strong> AmFELS has beenparticipating in the Relay for Lifeevent along with the community,organisations, students and cancersurvivors since 2002.Aptly themed “Quinceanera”, thisyear’s relay was held in honour ofteenage cancer survivors Mandyand Valeria. Quinceanera marksa girl’s coming of age at 15 inLatin American culture. Duringthe opening ceremony, the girlsshared about their battle with theillness, and ran the first lap aroundJesus Garza, a <strong>Keppel</strong>ite cancer survivor, in the centre of the group wearing a dark purple survivorshirtthe track in their Quinceaneracostumes along with other cancersurvivors.Leading <strong>Keppel</strong> AmFELS’contingent was Jesus Garza,a safety inspector in <strong>Keppel</strong>AmFELS, who is himself a cancersurvivor. “Cancer has changed mylife. Having been a patient myself,I want to help others sufferingfrom the disease and make adifference in the fight againstcancer,” he shared.Lending a helping handDr Lee Chay Hoon, GM (OrganisationDevelopment) of <strong>Keppel</strong> O&M, receives atoken of appreciation from Soh Chee Keong(extreme right), Honorary Treasurer of Societyfor the Physically DisabledAs a committed and responsiblecorporate citizen, <strong>Keppel</strong> O&Mactively supports charities andmakes meaningful contributions tolocal communities and non-profitorganisations.In continuation of its efforts,<strong>Keppel</strong> O&M recently donated$50,000 to the Society for thePhysically Disabled (SPD). Themoney will go towards helpingSingapore’s disabled community.In appreciation, Soh Chee Keong,Honorary Treasurer of the SPDBoard of Management, presenteda token to Dr Lee Chay Hoon, GM(Organisation Development) of<strong>Keppel</strong> O&M, on 13 March 2011 atthe SPD charity show.Then Senior Minister Goh ChokTong was the Guest-of-Honourfor the event, which was held atMediaCorp. The show raised morethan $4.25 million.<strong>Offshore</strong><strong>Marine</strong> March – April 201133


Work hard, play hardFrom bowling and sepak takraw tocycling at Pulau Ubin and climbingMount Ophir, <strong>Keppel</strong>ite RecreationClub (KRC) plans a wide rangeof activities every year, bonding<strong>Keppel</strong>ites from all walks of lifethrough games and expeditions.KRC’s activities span the year andcater to the different interestsof its members. They are alsoregularly subsidised.This year, <strong>Keppel</strong>ites can lookforward to a pipeline of excitingactivities:Competitive sportsBadminton, Basketball, Bowling,Cricket, Cross-country, Dragon boat,Fishing, Golf, Pool, Sepak takraw,Soccer, Table-tennisExpeditions and otheractivities• Bangkok, Thailand• Lake Toba, Indonesia• Taipei, Taiwan• Tioman, Malaysia• Seoul, South Korea• Siem Reap, Cambodia• Annual dinner and dance• Cycling at Pulau Ubin• Hiking at Kota Kinabalu,Malaysia• Hiking at Sungei Buloh• Kite flying• Mount Ophir and Malacca,Malaysia• Qian Hu fish farm visitKRC’s corporate memberships areextended to members who canenjoy privileges when they take theirfamily and friends to various placesof interest in Singapore, includingthe Jurong Bird Park, Sentosa Islandand the Singapore Zoo.With KRC, <strong>Keppel</strong> is more than justa place of employment – it can bewhere long-lasting friendships areforged as well.34<strong>Offshore</strong><strong>Marine</strong> March – April 2011


GLOBAL NETWORK<strong>Keppel</strong> <strong>Offshore</strong> & <strong>Marine</strong> Ltd(Head Office)50 Gul Road Singapore 629351Tel: 65 6863 7200Fax: 65 6261 7719www.keppelom.comSINGAPORE<strong>Keppel</strong> FELS Limited(Pioneer Yard 1 – Head Office)50 Gul Road Singapore 629351(Pioneer Yard 2)55 Gul Road Singapore 629353(Shipyard Road)31 Shipyard Road Singapore 628130(Crescent Yard)60 Shipyard Road Singapore 628131Tel: 65 6863 7200Fax: 65 6261 7719Email: marketing@keppelfels.comwww.keppelfels.comContact Persons: Wong Kok Seng, Managing DirectorKeith Teo, General Manager (Marketing)<strong>Keppel</strong> Shipyard Limited(Tuas Yard – Head office)51 Pioneer Sector 1 Singapore 628437Tel: 65 6861 4141Fax: 65 6861 7767(Benoi Yard)15 Benoi Road Singapore 629888Tel: 65 6861 6622Fax: 65 6861 4393(Gul Yard)55 Gul Road Singapore 629353Tel: 65 6861 3007Fax: 65 6862 3645/7www.keppelshipyard.comEmail: ks@keppelshipyard.comContact Persons: Nelson Yeo, Managing DirectorLouis Chow, Senior General Manager (Commercial)Mah Chan Wah, General Manager (Commercial – Shiprepair)<strong>Keppel</strong> Singmarine Pte Limited15 Benoi Road Singapore 629888Tel: 65 6861 6622Fax: 65 6862 1792Email: singmarine@keppelsingmarine.comwww.keppelsingmarine.comContact Persons: Hoe Eng Hock, Executive DirectorPoon Tai Lum, General Manager (Commercial)<strong>Keppel</strong> <strong>Offshore</strong> & <strong>Marine</strong> Technology Centre (KOMtech)31 Shipyard Road Singapore 628130Tel: 65 6591 5450Fax: 65 6265 9513Email: KOMtech@keppelom.comContact: Dr Foo Kok Seng, Centre Director<strong>Offshore</strong> Technology Development Pte Ltd55 Gul Road Singapore 629353Tel: 65 6863 7409Fax: 65 6862 3465Email: felsotd@pacific.net.sgContact Person: Dr Foo Kok Seng, Executive DirectorDeepwater Technology Group Pte Ltd50 Gul Road Singapore 629351Tel: 65 6863 7163Fax: 65 6863 1739Email: aziz.merchant@keppelom.comContact Person: Aziz Merchant, Head<strong>Marine</strong> Technology Development Pte Ltd15 Benoi Road Singapore 629888Tel: 65 6860 2858Fax: 65 6860 2502Email: chenghui.tan@keppelsingmarine.comContact Person: Tan Cheng Hui, Senior General ManagerAsian Lift Pte Ltd23 Gul Road Singapore 629356Tel: 65 6668 4222Fax: 65 6668 4333Email: asianlift@asianlift.com.sgContact Person: John Chua, General Manager<strong>Keppel</strong> Smit Towage Pte Ltd23 Gul Road Singapore 629356Tel: 65 6668 4222Fax: 65 6897 8056Email: kst@keppelsmit.com.sgContact Person: Ben Chew, General ManagerAUSTRALIA<strong>Keppel</strong> Prince Engineering Pty LtdLevel 7, 3 Bowen Crescent, Melbourne, Victoria 3004, AustraliaTel: 61 3 9820 9033Fax: 61 3 9866 6110Email: cchiam@ozemail.com.auContact Person: Charles Chiam, DirectorAZERBAIJANCaspian Shipyard Company LtdSouth Bay, KMNF BasinBaku AZ1023, AzerbaijanTel: 994 12 449 9930Fax: 994 12 449 9931Email: csc@csc.azContact Person: Yan Naing Myint, PresidentBRAZIL<strong>Keppel</strong> FELS Brasil SARua da Assembleia, 10 - 211320011-000 Rio de Janeiro, RJ, BrazilTel: 55 21 2102 9400Fax: 55 21 2224 2248www.kfelsbrasil.com.brEmail: kaichoong.kwok@keppelfels.comContact Person: Kwok Kai Choong, President & CEOBULGARIA<strong>Keppel</strong> FELS Baltech Ltd54 Debar Street, Varna 9000, BulgariaTel: 359 52 684 250/1Fax: 359 52 684 252 (Admin)Email: office@fels.bgContact Person: Lyudmil Stoev, General ManagerCHINA/HONG KONG<strong>Keppel</strong> Nantong Shipyard LtdNo. 9 Yan Jiang Road, Nantong City, Jiangsu ProvinceP.R. China 226005Tel: 86 513 8530 0000Fax: 86 513 8530 0011Email: taikwee.lee@keppelnantong.comContact Person: Lee Tai Kwee, President<strong>Keppel</strong> FELS Engineering Shenzhen Co., Ltd.3th Floor, Chiwan Petroleum BuildingChiwan Road No. 5, P.R. China 518068Tel: 86 755 26851902, 86 755 26851959,Tel: 65 68637215 (Singapore Contact)Fax: 86 755 26851670Email(China): jongheng.ho@kfelsshenzhen.comEmail (Singapore): jongheng.ho@keppelfels.comContact Person: Ho Jong Heng, General ManagerINDIA<strong>Keppel</strong> FELS <strong>Offshore</strong> and Engineering ServicesMumbai Pvt LtdUnit Number 3, 8th Floor, Prism Tower-A, Mindspace,Link Road, Goregaon (West), Mumbai 400 062, IndiaTel: 91 22 4001 8888Fax: 91 22 4001 8898E-mail: anant.shukla@kfelsmumbai.comContact Person: Anant Shukla, General ManagerIndonesiaBintan <strong>Offshore</strong>Kampung Budi Mulia, RT.02/RW.01, Desa Sei WalangKecamatan Bintan Timur, Kabupaten BintanPropinsi Kepulauan Riau, IndonesiaTel: 62 771 462 2297Fax: 62 771 462 2298Email: herman.effendy@keppelfels.comContact person: Herman Effendy, General ManagerJapanRegency Steel Japan Ltd46-59 Nakabaru, Tobata-kuKitakyushu, Fukuoka 804-8505 JapanTel: 81 93 861 3103Fax: 81 93 861 3114Email: ws.chong@r-sj.comContact person: Wong Chun Yu, PresidentKAZAKHSTAN<strong>Keppel</strong> Kazakhstan LLPSEZ “Seaport Aktau”, Aktau 130000, Mangistau OblastRepublic of KazakhstanTel: 7 7292 571 100HP: 7 300 528 4885Fax: 7 7292 571 110Email: pw.yick@kkl.kzContact Person: Yick Ping Wong, General DirectorTHE NETHERLANDS<strong>Keppel</strong> Verolme BVProf. Gerbrandyweg 25, 3199 KK Rotterdam-BotlekHarbour no. 4550, P O Box 1001, 3180 AA RozenburgThe NetherlandsTel: 31 181 234300Fax: 31 181 234346Email: mail@keppelverolme.nlwww.keppelverolme.nlContact Person: Harold W.M. Linssen, Managing DirectorNORWAY<strong>Keppel</strong> Norway ASStrandgaten 147, P O Box 425, 4304 Sandnes, NorwayTel: 47 5160 2500Fax: 47 5160 2510Email:stha@keppelnorway.comwww.keppelnorway.comContact person: Steinar Haugen, PresidentTHE PHILIPPINES<strong>Keppel</strong> Philippines <strong>Marine</strong> IncUnit 3-B Country Space 1 Building, Sen. Gil Puyat Avenue,Salcedo Village, 1200 Makati City, PhilippinesTel: 63 2 892 1816Fax: 63 2 815 2581, 63 2 892 4604www.keppelphilippinesmarineinc.comEmail: mhq@keppelpm.com or commercial@keppelpm.comContact Person: Toh Ko Lin, President<strong>Keppel</strong> Batangas ShipyardBarrio San Miguel, 4201 Bauan, BatangasPhilippinesTel: 63 43 7271532 to 36Fax: 63 43 7271453Email: kbs@keppelpm.comContact Person: Poh Leong Kok, Senior Vice-PresidentSubic Shipyard and Engineering, Inc.Cabangaan Point, Cawag2209 Subic, Zambales, PhilippinesTel: 63 47 232 2380Fax: 63 47 232 3350, 63 47 232 3883 to 84Email: all@subicship.com or commercial@subicship.comContact Person: Mok Kim Whang, PresidentQATARNakilat-<strong>Keppel</strong> <strong>Offshore</strong> & <strong>Marine</strong>Erhama Bin Jaber Al Jalahma ShipyardSouthern Break Water, Ras Laffan Industrial City (RLIC)PO. Box 28388, QatarTel: 974 4419 7300Fax: 974 4419 7301Email: commercial@nkom.com.qaContact Person: Abu Bakar Mohd Nor, CEOChin Sze Kiun, Commercial ManagerUNITED ARAB EMIRATESArab Heavy IndustriesP O Box 529, Ajman, UAETel: 971 6 526 3232Fax: 971 6 526 3233Email: ahiaeme@emirates.net.aewww.ahi-uae.comContact Person: Leong Yew Kong, Managing DirectorUSA<strong>Keppel</strong> <strong>Offshore</strong> & <strong>Marine</strong> USA Inc.5177 Richmond Ave, Suite 1065, Houston, Tx 77056, USATel: 1 713 600 8380Fax: 1 713 600 8384Email: yewyuen.chow@keppelOM-usa.comContact Person: Chow Yew Yuen, President<strong>Keppel</strong> AmFELS LLCPO Box 3107, 20000 South Highway 48Brownsville, TX 78523, USACell: 1 956 592 6149Tel: 1 956 838 3187 Fax: 1 956 831 6220Email: g.tan@keppelamfels.comContact Person: Tan Geok Seng, President & CEOFloaTEC, LLC14701 St. Mary’s Lane, Suite 250, Houston, TX 77079Main Tel: +1 281 870 5200Main Fax: +1 281 870 5210Email: businessdevelopment@floatec.comWebsite: www.FloaTEC.comDirect Tel: +1 281 870 5556Mobile: +1 281 381 2781Email: ehnamtvedt@floatec.comContact Person: Eric H. Namtvedt, President<strong>Keppel</strong> <strong>Marine</strong> Agencies International LLC(Texas Office)5177 Richmond Ave, Suite 1065, Houston, Tx 77056, USATel: 1 713 600 8371Fax: 1 713 600 8374Email: mike.holcomb@kmaihouston.com /Contact Person: Michael Holcomb, President/DirectorMobile 1 713 816 0438Email: john.bajor@kmaihouston.comContact Person: John C Bajor, Marketing ManagerMobile 1 713 922 3226(New Jersey Office)15 Huddy Avenue, PO Box 417, Highlands, New Jersey, USATel: 1 713 600 8370Fax: 1 713 600 8374Email: keppelnj@comcast.netContact Person: John J. Bajor, DirectorVIETNAM<strong>Keppel</strong> FELS LimitedPetrovietnam Tower, Suite 150M9 Hoang Dieu Street, Ward 1, Vung Tau City, S.R. VietnamTel: 84 64 850098Fax: 84 64 850089Email: john.chin@keppelfels.comContact Person: John Chin, Country ManagerRUSSIA<strong>Marine</strong> & Shelf Development Ltd129090 Moscow, 12, B.Spasskaya str., office 101, RussiaTel: 7 (495) 9378978, 9378966Fax: 7 (495) 9378978Email: marketing@keppelfels.com<strong>Offshore</strong><strong>Marine</strong> March – April 2011 35


Staying on the topsideDyna-Mac’s expertise and operations will complement <strong>Keppel</strong>’s competencies in the designing and fabricating oil and gasproduction modulesStrengthening its lead as the totalNelson Yeo, MD (<strong>Marine</strong>) of <strong>Keppel</strong>“Dyna-Mac’s expertise andsolutions provider for floatingO&M, was appointed to the Boardoperations will complementproduction systems, <strong>Keppel</strong>of Dyna-Mac as a Non-Executive<strong>Keppel</strong>’s competencies andO&M, through its wholly-ownedDirector.allow us to exert better controlsubsidiary KS Investments Pte Ltdover the process of designing(KSI), has acquired a 27.77% stakeHe said, “This strategic investmentand fabricating oil and gasin topside module fabricator Dyna-strengthens <strong>Keppel</strong> O&M’sproduction modules.”Mac Holdings Ltd (Dyna-Mac) viaan equity placement.capabilities as a core solutionsprovider in floating productionNelson YeoMD (<strong>Marine</strong> of <strong>Keppel</strong> O&Msystems including FPSOs.This follows Dyna-Mac’s successfullisting on the main board ofHaving converted and built moreSingapore Exchange Securitiesthan 100 FPSOs, FSOs and otherTrading Limited (SGX). KSI’s totalproduction units, the <strong>Keppel</strong> O&Mhorizon for Dyna-Mac to expandinvestment is S$87.5 million basedgroup has established a solidour businesses and offeringson the invitation price of 35 centstrack record in the engineering,globally, as we tap into <strong>Keppel</strong>’sper share.fabrication and integration ofpresence, operating experiencetopsides for customers worldwide.and relationships in key overseasThe equity placement, throughmarkets.its investment vehicle KSI, isDesmond Lim, Executive Chairmanpart of a collaboration betweenand CEO of Dyna-Mac said, “We“In harnessing the synergies of<strong>Keppel</strong> Shipyard, a wholly-ownedare very pleased that <strong>Keppel</strong><strong>Keppel</strong> and Dyna-Mac, we aresubsidiary of <strong>Keppel</strong> O&M andO&M sees Dyna-Mac as a strategicconfident of becoming a primeDyna-Mac to jointly pursue thepartner in its growth plans. Havingmodule fabricator in the oil andtopside module business beyondSingapore’s shores.a strong shareholder such as<strong>Keppel</strong> on board will broaden thegas industry, and creating lastingvalue for our shareholders.”Printed on recycled paper36<strong>Offshore</strong><strong>Marine</strong> March – April 2011

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