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    Keppel O&M wins S$172 million of new contracts

    News // March 5, 2004
    Keppel Offshore & Marine Ltd (Keppel O&M) has secured a total of S$172 million worth of contracts through its wholly owned subsidiaries, Keppel Singmarine Ltd and AMFELS in the US.

    Keppel Singmarine will build four AHTS vessels for Groupe Bourbon and four harbour tugs for Keppel Smit Towage.

    Deliveries of the eight vessels are slated progressively between the third quarter of 2004 and first quarter 2006.

    In the meantime, Keppel O&M's yard in the US, AMFELS, has won a contract to upgrade a jack-up rig for repeat customer ENSCO Offshore Company (ENSCO).

    Scheduled for delivery in the fourth quarter of 2004, Ensco 68 will be converted from a slot to cantilever jackup rig, with leg extension and capability enhancement.

    ENSCO, headquartered in Dallas, Texas, provides contract drilling services to the international petroleum industry.

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