Keppel Offshore & Marine has bagged two contracts worth $200mil through its subsidiaries, Keppel FELS Brasil and Keppel Shipyard. The first contract is for the integration ofthe topside modules of a floating production storage and offloading (FPSO) unit. The second contract, clinched by Keppel Shipyard, was with SBM Offshore for the fabrication of an internal turret for a new build FPSO. These contracts are not expected to have any material impact on the NTA and EPS of Keppel Corporation for the current financial year.

Source: The Business Times / Bloomberg / Straits Times