As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday, 21 July 2010

Keppel wins S$170 mln worth of Brazilian projects


Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited and Keppel FELS Brasil SA, has secured two contracts totalling S$170 million.

The contracts were clinched from repeat customers for the conversion of a Floating Production Storage and Offloading (FPSO) vessel and repair of a semisubmersible (semi) drilling rig respectively.

The first contract is for the conversion of the Very Large Crude Carrier (VLCC), M/T Theseus, into an FPSO facility for Single Buoy Moorings Inc (SBM).

Work is expected to commence in the third quarter of 2010. Scheduled to leave Keppel Shipyard in the first quarter 2012, the vessel will head to Brazil where the installation and integration of topsides will be completed.

The second contract is by Keppel FELS Brasil with Queiroz Galvao Oleo e Gas (QGOG) for the repair and maintenance of their semi drilling rig, Alaskan Star.

Expected to be completed in October 2010, the rig will be chartered to Petrobras for deployment in the Campos Basin, Rio De Janeiro, offshore Brazil.

No comments:

Post a comment

Related Posts with Thumbnails