Keppel CEO cautiously optimistic about new orders

In the news today, Keppel’s CEO reports that Keppel Corporation has turned in yet another solid performance in the third quarter 2009.

“On the back of improving economic data, the International Energy Agency has adjusted its global oil demand forecast upwards for both 2009 and 2010. In particular, the 2010 forecast of 86.1 million barrels a day is an encouraging signal. With oil prices staying above $70 per barrel, we are cautiously optimistic that we will capture new orders that will be meaningful to us. While we are working hard to secure new contracts to grow our current orderbook of $6b, our focus is on ensuring that we execute our existing orders well, on time and on budget.”

Keppel FELS Ltd. was awarded “Best of Show” in the annual Intergraph Golden Valve Awards Competition for the company’s detailed view of a semi-submersible drilling tender created with SmartMarine 3D design software

A Keppel FELS-SmartMarine 3D case study is also part of our Marine Industry Spotlight – a Special Focus Edition of Insight.  In it, Keppel Offshore & Marine discusses why it chose SmarMarine 3D. As Aziz Merchant, general manager for engineering at Keppel O&M, says:

“SmartMarine 3D is one of our key 3D solutions and reinforces our position as the provider of choice and partner for solutions in the offshore and marine industry.”
Categories: EPC, Offshore, Shipbuilding