JULY 2008 eppel www.kepcorp.com/ekeppelite
Keppel Group Newsletter Keppelite
New division for Keppel 5
Investing in the Middle East 12
The Odyssey 24
SpecialSpecial Focus:Focus: KeppelKeppel showcasesshowcases sustainabilitysustainability solutionssolutions
MICA(P) NO. 047/11/2007 Keppelite I July 2008 4 16
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Contents
BUSINESS TEAM Sino-Singapore Eco-City JV 4 The Odyssey of Passion 24
New Sustainable Development & Living division 5 Masters of the seas 30
Keppel to build eco-friendly vessel 6 PEOPLE Diving for a good cause 32 First of six ENSCO semis named 7 Values above par 33 Executive Chairman conferred honour by SIAS 8 Keppelites Abroad Among Netherlands’ best No uphill task for mind-Bender 37
Alpha raises $1.6b for new fund 9 COMMUNITY Celebrating 40 years of excellence 34 Tracking safety milestones 10 Turning over a new leaf An immaculate completion 11 Green Initiatives Investing in the Middle East 12 Grin to green 35
Accolades for investor relations 14 One love, one life 36 Embracing the environment Literary investments
Ringing to sunnier times 15 Inspiring young minds 38
The Admiral arrives 16 Making green a lifestyle
Energetic batch 18 Keppel Volunteers Going green for earth… 39 Show of responsibility BACK PAGE Special Focus Keppel to build Scorpion’s first semi 40 Solutions for sustainable development 19
eppel
Published for people in the Keppel Group by the Group Corporate Communications Division, Keppel Corporation Limited, 1 HarbourFront Ave, #18-01 Keppel Bay Tower, Singapore 098632. Printed by Image Printers Pte Ltd, Blk 1002, Redhill Industrial Estate, Jalan Bukit Merah, #03-12, Singapore 159456.
Editorial Advisor Wang Look Fung
Editor Ang Lai Lee
Editorial Committee Andrew Ong, Catherine Tan, Chen Xi, Cheryl Tang, Chua Ying Ying, Chua Yong Hwee, Diana Chan, Donald Sng, Eva Ho, Geraldine Lai, Grace Chia, Ho Ghim Khoon, Ivana Chua, Irene Lee, Jacquelyn Wong, Jeanette Pang, Joey Ho, Lee Yin Chiin, Lynette Goh, Mak Chui Ling, Marianne Goh, Mohd Nor Nordin, Phang Weng Onn, Rebecca Ng, Roy Tan, Sarah Seah, Serena Toh, Siddiqua Ovais, Teri Liew, Woon Pek Yong
Keppelite I July 2008 CO REG NO: 196800351N Editorial
Group solution for eco-future
Energy, Water, and Cities – one or efficient means. Keppel’s established proprietary combination of the three invariably make today’s rig designs enable them to drill deeper, produce global headlines. The intricate nexus of all three faster and minimise wastage. have yielded some of the most pressing concerns of our times. Striving towards sustainable water technology solutions, Keppel’s environmental arm offers water How does Keppel engage these challenges and solutions that lead in the industrial, municipal and contribute to the solution for a sustainable future? purification water market.
It is not by coincidence that the greatest civilisations Keppel’s property division has a proven track record and formation of cities have historically flourished of large-scale lifestyle developments built with along rivers and major waterways. Access to safe sustainability and livability as guiding principles. water was and continues to reign as a major factor in societal development and urbanisation. And leveraging these core competencies is Keppel’s new Sustainable Development & Living Business It is not by coincidence either, that Keppel Group’s Division, which will lead the growth of the Group’s key divisions in the environmental and property businesses in sustainable developments, including businesses showcased their complementary eco-cities (see page 4). It will offer a platform of strengths at the inaugural Singapore International further growth across all the three key businesses Water Week, which was co-located with the World in Offshore & Marine, Property and Infrastructure. Cities Summit (see Special Focus). Leading businesses all over the world are rallying Running in parallel with the key agenda of water to assemble the best technologies and solutions solutions and livable cities for the future, the Keppel to realise the potential of enhancing livability in showcase demonstrated our unique position to cities as well as to optimise water and energy leverage synergistic competencies within the resources. Group, to address global concerns and capture new opportunities by harnessing our collective Through its international network, expertise and knowledge and expertise. know-how, Keppel stands in good stead to deliver more. Not only are we in the right space, we also In Asia, where population is expected to breach choose to grow them by making significant 5 billion by 2050 with the majority living in cities, investments in R&D, innovative technologies and further stress on water and energy resources are human capital development. expected. Behind this lurks the concomitant growing demand for quality and sustainable live- It fills me with pride to be part of a company that work-and-play environments. constantly remains relevant to the times, stands at the forefront with leading-edge solutions At Keppel, our three strategic business platforms anticipating global market needs and most have been built over decades by visionary leaders importantly, is one that contributes to better lives focused on the future. and sustaining the future.
With unabated demand for oil accentuated by the lack of alternative energy sources, oil companies are spending more on exploration and production, especially through sustainable and resource-
Keppelite I July 2008 4 Business
Sino-Singapore Eco-City JV
Sealing the joint venture agreement for the Sino-Singapore Tianjin Eco-City Investment and Development Company are (from left) Mr Teo Soon Hoe, Senior Executive Director & Group Finance Director, Keppel Corporation and Mr Meng Qun, CEO of Tianjin TEDA Investment Holding Company
Singapore Tianjin Eco-City STEC and TECID. STEC will transferred in phases by end The Eco-City is a landmark Investment Holdings Pte. Ltd. contribute cash while TECID 2018. The price for the project in the bilateral (STEC), a wholly-owned will transfer land to the joint transfer of land to the joint cooperation between subsidiary of Keppel venture company as its venture company has been Singapore and China. On Corporation Limited, has contribution in-kind. agreed and applies for the 18 November 2007, signed an agreement with entire duration of the Eco- Singapore Prime Minister Lee Tianjin Eco-City Investment A start-up area of City Project. Hsien Loong and Chinese and Development Co., Ltd approximately three sq km Premier Wen Jiabao signed a (TECID) to form a joint will be transferred by When completed, the Eco- framework agreement venture company, Sino- TECID to the joint venture City will occupy a total land to cooperate in the Singapore Tianjin Eco-City company to kick-start the area of 30 sq km, and be development of an Eco-City Investment and Development development of the Eco-City. home to 350,000 residents. in Tianjin. Co., Ltd (SSTECID) on 1 July The first phase is expected to 2008. be ready in under five years, The lead entity in the The Eco-City is envisioned house up to 85,000 people, Singapore consortium to be socially harmonious, SSTECID will act as master and include facilities like company, STEC, Keppel is environmentally friendly and developer for the Eco-City schools and a hospital. also in the process of seeking resource-efficient that will and has an initial registered international institutional serve as a practical model of capital of RMB 4 billion to The remaining land area investors. sustainable development.
be equally contributed by for the Eco-City will be keppelite
Keppelite I July 2008 Business 5
New division to grow Group’s sustainable development platform
Leveraging Keppel Group’s to build the world’s biggest core competences and solar panel manufacturing growth platforms , a new complex in Singapore. Sustainable Development & Living Business Division Mr Ko has held a number of will lead the growth of other key appointments in the Group’s businesses in the public sector including sustainable developments, Head of a Computerisation including eco-cities. Department in the Ministry of Defence, CE of the former Mr Lim Chee Onn, National Computer Board, Executive Chairman, Keppel EDB’s Deputy MD Corporation said, “Sustainable (International) based in development and living, New York City, and CEO of including eco-cities, is a the JTC Corporation. He promising growth area was awarded the Public given the worldwide trends Administration Medal of rapid urbanisation and (Gold) by the Singapore mounting concerns on Government in 2000. climate change and environment. Mr Ko had also held leadership positions in the “The resultant global Mr Ko will helm Keppel’s new Sustainable Development & Living Division which will leverage corporate sector including thrust into sustainable the Group’s core competencies being Chairman of Pacific development, environment Internet Ltd, a NASDAQ- enhancement, renewable Mr Ko will be stepping down “Having led EDB’s global listed regional internet energy development, as MD of the Economic investment marketing company, where he led in improving energy efficiency, Development Board (EDB). operations and diversified turning the company and eco-friendly living will industry development, profitable following the be enduring and provides Mr Lim said, “Kheng Hwa Kheng Hwa will certainly dotcom crash and industry growing business brings to Keppel his extensive bring his network and downturn. opportunities for Keppel. experience in diverse expertise to grow this Keppel sees strong potential industries, including clean business in Keppel.” Currently, Mr Ko serves on in this business.” technology, industrial real the boards of the Agency estate and infrastructure Last year, as ED of the for Science, Technology Helming the new Sustainable development as well as in government’s multi-agency and Research (A*STAR) and Development & Living commercial operations, Clean Energy Programme the Standards, Productivity Business Division will be global investment marketing, Office, Mr Ko led the team and Innovation (SPRING
Mr Ko Kheng Hwa, industry development and that secured the S$6.3 billion Singapore). keppelite appointed CEO with effect organisational leadership. investment by Norway’s REC from 1 August 2008.
Keppelite I July 2008 6 Business
Keppel Singmarine to build GSP’s eco-friendly vessel
Keppel Offshore & Marine Limited’s (Keppel O&M) wholly-owned subsidiary, Keppel Singmarine Pte Ltd (Keppel Singmarine), has secured a S$181 million contract to build a multi- purpose heavylift/pipelay vessel for Romanian drilling contractor, Grup Servicii Petroliere SA (GSP).
To be classed by the American Bureau of Shipping, this vessel will be designed and built to meet international environmental standards. The vessel will be certified with the new Environmental Safety Keppel Singmarine is experiencing an increase in orders for specialised ships that are environmentally-safe notation, which provides stringent guidelines on preventing pollution, that Keppel Singmarine will construction support vessels azimuth thrusters for minimising the discharge of deliver a high quality vessel and our understanding positioning, and a Class 3 harmful substances and that will meet our offshore of global environmental certified dynamic positioning emissions, and the treatment requirements.” standards will put us in good system. Some of the of sewage, among others. stead to create value for our equipment will be supplied Mr Hoe Eng Hock, ED of new customer.” by the owner. Well-suited for unrestricted Keppel Singmarine said, service worldwide, GSP’s “Customers are seeking With accommodation for up Keppel Singmarine is new vessel is scheduled for more sustainable means of to 290 persons, the heavylift presently constructing two completion in the third mining oil and gas, and we /pipelay vessel will be other pipelay vessels for a US quarter of 2011, and will be are seeing a gradual increase equipped with three offshore customer, Global Industries. deployed to the Black Sea in orders for specialised ships cranes, the largest of which and Mediterranean regions. that are environmentally- has a lifting capacity of GSP is a member of safe. 1800 tonnes, and it will be the Upetrom Group, a Mr Gabriel Comanescu, fitted with a 10-point privately-owned company. President of GSP’s parent “We are very pleased that mooring anchor system. Headquartered in Constanta company, the Upetrom the Upetrom Group has Harbour, Romania, GSP is a Group, said, “We are pleased chosen Keppel Singmarine to The machinery systems regional leader in offshore to be working with a build its latest eco-friendly onboard will include three drilling, providing a wide reputable shipyard such as multi-purpose vessel. Our units of Voith Schneider range of offshore drilling and Keppel Singmarine. With its strength in designing and propellers for main drilling connected services, proven track record, we trust building large offshore propulsion, five retractable engineering solutions and
technical consultancy. keppelite
Keppelite I July 2008 Business 7
First of six ENSCO semis named
Keppel FELS Limited (Keppel A strong safety record of presence of Minister of establishing Keppel FELS’s FELS) together with ENSCO 5.5 million incident-free State for Trade and Industry, reputation as the world’s International Incorporated man-hours was achieved by Mr Lee Yi Shyan by Mrs Carol leading rig designer and (ENSCO) have named the the yard in the construction Garon Durkee, wife of builder. first rig in the fleet of six of this premier rig. Mr Todd Durkee, GM, Gulf new ENSCO 8500 Series® of Mexico (GOM) and “As ENSCO pursues a semisubmersibles (semi) In a ceremony held on International Deepwater prominent position in worth US$2.5 billion in 28 June 2008, the ENSCO of Anadarko Petroleum deepwater drilling, we total. 8500 was named in the Corporation. This new want to be there to support deepwater rig has been our valued partner. The contracted in the GOM to rich collective experience Anadarko and Eni. and insights we have gained on the ENSCO 8500 Mr Dan Rabun, Chairman, semi will certainly enhance President & CEO of ENSCO, the engineering and said, “We are pleased with construction efficiency of the the excellent job by Keppel next five units to come.” FELS on our first ENSCO 8500 Series® semi. As she The ENSCO 8500 Series® of takes on her maiden deepwater semis is an assignment in the GOM, the enhanced version of the ENSCO 8500 will be a ENSCO 7500, and is based showpiece of the quality on an ENSCO proprietary and capabilities of our design. new deepwater fleet under construction at Keppel The 8500 Series® rigs will be FELS.” capable of drilling in water depths of up to 8,500 feet, Keppel FELS is ENSCO’s and can readily be upgraded preferred offshore solutions to 10,000 feet water-depth provider. In the last decade, capability if required. Keppel has worked closely with ENSCO to build up and Enhanced features include renew its rig fleet, which a two million pound quad includes the delivery of nine derrick, offline pipe handling new jackup rigs. capability, increased drilling capacity, greater variable Mr Choo Chiau Beng, deck load and improved Chairman & CEO of Keppel automatic station keeping Offshore & Marine, said, ability. “The win-win partnership we have forged has played an With these features, the important role in helping 8500 Series® rigs will be ENSCO to build its position especially well-suited for
The ENSC0 8500 was named in the presence of Guest-of-Honour, Mr Lee Yi Shyan, Minister among the world’s foremost deepwater development of State for Trade and Industry (second from left) and the managements of Keppel Offshore & drilling contractors, and in drilling. keppelite Marine and ENSCO
Keppelite I July 2008 8 Business
Executive Chairman conferred honour by SIAS
Investors Association of “He has been instrumental with SIAS whenever the Singapore (SIAS), in in Keppel Corporation’s opportunity presents itself.” recognition of his support for committed support of investor education. investor education initiatives Mr Lim is the second person at SIAS, especially to be named SIAS honorary SIAS’ Distinguished Honorary grassroot investor education member, sharing the Members are persons who programmes. His concern for distinction with Mr J Y Pillay, are distinguished in public minority shareholders, Chairman of Singapore life or who have made especially those of Keppel Exchange, who was the first. significant contributions to Corporation, is well-known.” the securities industry or to Keppel Corporation is a SIAS. In accepting the invitation, long standing supporter of Mr Lim commented, “I take SIAS’ investor education Mr David Gerald, President of this opportunity to thank programme which helps SIAS said, “Mr Lim has been SIAS for its generous retail investors gain a Mr Lim Chee Onn, Executive and continues to be a strong assessment of the small better understanding of Chairman of Keppel believer in investor education contributions that Keppel how to make informed Corporation, was named the and minority shareholders’ has made in investor investment decisions. SIAS Distinguished Honorary rights, the twin objectives of education. We shall continue currently has more than Member of the Securities SIAS. with this endeavour working 65,000 retail investors as its
members. keppelite Among Netherlands’ best
Outstanding business Mr Harold Linssen, President practices and performance of Keppel Verolme, said, have led to Keppel Verolme “We are proud to be being named one of The recognised as one of the best Netherlands’ 50 Best performing companies. It Managed Companies at the affirms the enormous 2008 Deloitte Gala Awards. commitment, devotion, and the professionalism of our An independent and expert Keppel Verolme staff.” jury under the guidance of Mr Thijs Wöltgens, President Keppel Verolme was also of Chamber of Commerce in lauded for its excellent The Netherlands, selected financial management, the country’s top 50 ventures talent management, and based on turnover, company technology innovations.
strategy, and policies keppelite Keppel Verolme offers excellent infrastructure and versatility when meeting customers’ needs implementation. in the Rotterdam area
Keppelite I July 2008 Business 9
Alpha raises $1.6b for new fund
Keppel Land Limited’s Alpha has shown a more- wholly-owned real estate than-respectable track fund management arm, record in its earlier funds. Leveraging the proven track record Alpha Investment Partners Set up in 2003, it raised and credible performance delivered Ltd (Alpha), has announced US$243 million for Asia No. by Alpha’s funds, the successful the closing of its new fund, 1 Property Fund, which closing of the Alpha Asia Macro Alpha Asia Macro Trends targeted an internal rate of Trends Fund demonstrates the strong Fund. return (IRR) of more than confidence and commitment that 20 per cent. The fund The Fund raised a total of achieved 27 per cent as at institutional investors have in Alpha. Mr Loh Chin Hua US$1.2 billion (S$1.6 billion), end-March 2008, and has MD of Alpha Investment Partners from 15 institutional begun to return capital back investors, which exceeded to its investors. its original target of The latest Alpha Asia Macro For Keppel Land’s fund US$1 billion. Its second close-end fund, Trends Fund incepted in management business, its Alpha Core Plus Real December 2007, is a real total AUM would be Mr Loh Chin Hua, MD of Estate Fund, collected estate fund focused on $9.1 billion, including K-REIT Alpha, said, “Leveraging US$435 million. The target prominent trends in Asia, Asia’s portfolio assets of the proven track record was 12-13% IRR. The targeting markets spread $2.1 billion. and credible performance achieved return was an across Singapore, Japan, delivered by Alpha’s funds, annualised 40% as at March Taiwan, South Korea and To date, Alpha has more than the successful closing of the 2008. Hong Kong, as well as the 45 properties spanning eight Alpha Asia Macro Trends fast emerging markets of countries in its portfolio, Fund demonstrates the Alpha’s Alpha Real Estate China, India and Vietnam, covering about 6 million sf strong confidence and Securities Fund, which and 16-18% IRR. of lettable area and 1,114 commitment that institutional invests in listed real estate residential units drawing a investors have in Alpha. investment trusts and real The new fund augments total net property income estate securities globally, Alpha’s enlarged portfolio, of S$115 million p.a. “With our experienced raised US$30 million when it now comprising five funds. team, in-depth knowledge first closed in February 2004. The total assets under Prominent investors in Alpha of Asia, access to deal It delivered 27% return a management by Alpha have Funds include three of the flow and strong asset year – significantly above its now reached $3.9 billion largest Dutch pension plans, management capabilities, target return of 12% a year. worth of assets. When the Stichting Pensioenfonds ABP, Alpha stands in good stead It also outperformed the latest fund is fully invested, PGGM and MN Services. to continue delivering property index by 8 to 10 Alpha will have gross assets investment performance to percentage points. under management (AUM) Other investors include meet and exceed investor of about $7.0 billon. global financial institutions expectations.” include UBS, Deutsche Bank, Norinchukin Bank, Queensland Investment FUND TARGET IRR ACHIEVED IRR Corporation, IVG Asia No. 1 Property Fund More than 20% 27% ImmobilienAG, AIB, Oregon Public Employees Retirement Alpha Core Plus Real Estate Fund 12%-13% 40% (as at March 2008) System and a number of
Alpha Real Estate Securities Fund 12% 27% sovereign funds. keppelite
Keppelite I July 2008 10 Business
Tracking safety milestones
Another significant safety FELS’ achievement of three milestone in July was million manhours without LTI achieved for the fleet of for Transocean’s SEDCO 706, jackup and semisubmersible a major life extension and (semi) rigs that Keppel FELS upgrading project. is building for Maersk Contractors. The semi is currently undergoing works to Cumulatively, the three increase its capabilities, from MSC CJ50 jackups and drilling in water depths of two Keppel’s DSSTM 21 1,000 feet to 6,500 feet. semis achieved 16 million manhours without LTI. Transocean and Keppel FELS project teams celebrated this For this achievement, Maersk achievement on 23 July Contractors awarded the 2008, when Mr Tom Dalton,
(From left) Mr Ranjen Agrawaal, Mercator Project Director (Vasumati), Mr Wong Kok Seng, Keppel FELS project teams a Senior Project Manager of Keppel FELS ED (Operations) and Satya Surya, Keppel FELS Assistant Project Manager total of $112,000 at a Transocean presented a ceremony on 11 July 2008. cheque of bonus US$25,000
With an established worldwide and 11 under to Keppel FELS. keppelite reputation for executing construction, including The third safety achievement quality projects on time, Vasumati. for the month was Keppel within budget and without lost-time incidents (LTI), Keppel FELS continues to achieve in excellent safety records for its projects last month.
On 7 July 2008, jackup drilling rig, Vasumati, celebrated one million manhours without LTI.
Built to Keppel’s proprietary KFELS B Class design, the rig is being constructed for customer, Mercator and scheduled for delivery in the first quarter of 2009.
Rigs built to this design have quickly gained market acceptance since its launch in 2000. There are currently 22 such units operating Besides the SEDCO 706 (right) project, Keppel FELS is also working on another project for Transocean, a newbuild DSSTM 51 semi, Development Driller III (left)
Keppelite I July 2008 Business 11
An immaculate completion
She was shaped and formed by 12,500 pieces of steel, carefully marked, cut and welded. She was held together by 8.5 km of pipes of different sizes and bends. Another 70 km of cables ran through her, like arteries, connecting and powering the vital organs in her body.
Inspite of her complexity, Sea Choctaw, the fourth in a series of six offshore support vessels (OSVs) for GulfMark Offshore (GulfMark) was completed by Keppel Singmarine without lost time incidents.
Sea Choctaw was named on 12 July 2008 by Lady Sponsor, Mrs Yvonne Goh, the spouse of Mr Goh Boon Kiat, former ED and Director of Keppel Singmarine. Magnificently made – Sea Choctaw stands as a showpiece of Keppel Singmarine’s commitment to become the choice designer and builder of OSVs
Like the three sisters before her, Sea Choctaw Mr Hoe Eng Hock, ED of Technology Development of low hydraulic pressure won her designer and Keppel Singmarine. arm. They are built to drums and a Smatco winch builder, Keppel Singmarine, meet the growing demand capable of storing cables up a US$10,000 bonus for “Sea Choctaw is a showpiece of Gulfmark Offshore’s to 2500 m long. excellent performance and of our commitment and customers in Southeast Asia. a remarkable safety record. sustained efforts in this area. Sea Choctaw is also outfitted Not only did she complete Sea Choctaw is capable of with cargo tanks and control “In line with our vision to with an outstanding safety performing anchor handling, systems that transport and become the choice designer record, she also achieved a supplies, fire fighting and deliver cement, drilling and builder of Offshore bollard pull of 143.3 tonnes rescue work among other mud, base oil, brine, fresh Support Vessels, and in and a speed of 15.1 knots, support functions. water and fuel oil, without anticipation of market which exceeded her comprising her sizeable deck demand, Keppel Singmarine contractual performance.” She is powered by four cargo space. has begun designing Anchor MAK main engines totaling Handling Tug/Supply vessels Customised to Gulfmark’s 10,760 bhp and augmented On her delivery, Sea Choctaw of higher horse power and requirements, all six vessels by DP 2 dynamic positioning will join GulfMark’s sterling Platform Supply Vessels are designed by Keppel capabilities. She performs fleet of 90 high specification of bigger deadweight,” said Offshore & Marine’s Marine anchor handling by means vessels. keppelite
Keppelite I July 2008 12 Business
Investing in the Middle East
Keppel and Young Arab Leaders partner to nurture global leaders of tomorrow
Beyond a significant understanding between the leaders of our regions. The businesses across the footprint in the Middle East, Arab world and Asia. objective of our Internship Keppel Group’s business Keppel is contributing further Exchange programme is to units. to the region’s growth Mrs Tan Poh Hong, Director, provide training and to test through its participation in Group HR of Keppel this training in real world To encourage more people-to-people Corporation said, “Keppel scenarios in order to create interaction, the Arab youths initiatives, encouraging is happy to promote ‘Leaders’ who demonstrate are paired with managers cultural exchange and understanding between the power of action. This is from Keppel, focusing on appreciation. different regions, build the significant benefit knowledge exchange in bridges across cultures participants stand to gain areas of entrepreneurship, Keppel Corporation officially and contribute towards from our engagement with leadership development and launched the Keppel-Young developing the region’s Keppel. education. Arab Leaders’ (YAL) Arab human capital. Asian Internship Exchange “We are pleased with our 20-year-old Khaled El-Kalawi Programme on 15 July 2008, “With a footprint in 34 association with Keppel and from Lebanon shared in an welcoming nine outstanding countries through our key hope that many more interview that the exchange talents from the Middle East businesses in Offshore & organisations from the programme has opened his to begin a knowledge Marine, Property and region will come forth to eyes to the region’s myriad exchange programme and Infrastructure, the Keppel widen the reach of our cultures. Attached to Keppel training in one of Singapore’s Group will provide programmes. Our aim is Land, Khaled has been given biggest multinational meaningful and experience- to enhance cross-cultural the opportunity to be conglomerates. rich internships to the Arab understanding and mutual involved in Keppel Land’s youths expanding their respect between diverse development project in The Programme follows the global mindset.” cultures.” Vietnam. successful inauguration of the Global Action Forum: Mr Assem O. Kabesh, CEO The three-month programme Khaled shared, “Singapore is Arab and Asian Dialogue in of YAL said at the welcome will immerse the Arab really clean and advanced. April 2007 and is part of the event, “Through all YAL youth in the Asian working The people here are very Arab Asian Task Force’s initiatives, we aim to achieve environment and culture and friendly. I would be happy to strategy and action plans to long-term impact on the expose them to working consider working here after promote cooperation and youth who will be the future experience in diverse I have graduated.”
Keppelite I July 2008 Business 13
Keppel has a significant Chairman of the Keppel relations, cultural exchange Group Scholarship Awards footprint in the Middle East. Group Scholarship and appreciation and Ceremony held on the same Keppel Offshore & Marine Committee, said, “As the cooperation.” day. counts Arab Heavy Industries Middle East countries plough as part of its global network significant investments and YAL is a network of Arab They join more than 150 of 20 yards. Keppel resources to build massive men and women with the Keppel Scholarship Awards Integrated Engineering has infrastructure and grow new vision of building a recipients who have two major projects worth sectors to diversify their prosperous environment by benefited from the $3.2b in Qatar, one of which economies, Asian countries creating opportunities scholarship programme will be the largest integrated can participate in these for Arab youth in the areas which started in 1989 to waste management facility projects and contribute to of education, leadership cultivate talent. there and is the first of its the growth of the Middle development and kind in the Middle East. For East region. entrepreneurship. Mrs Tan shared, “Just as the Keppel Land, it is currently quality of talent and human developing luxury seafront “The partnership being TODAY’S TALENTS, resource is a key competitive apartments along the forged between Keppel and TOMORROW’S LEADERS advantage for any country, Corniche waterfront in YAL parallels the strong In tandem with the launch of human capital is an Jeddah. foundation between the Keppel-YAL Internship important asset to Keppel. Singapore, and ultimately Exchange Programme, 12 We believe strongly in Professor Bernard Tan, Asia and the Middle East, new Keppel scholars were maximising the potential of Board Member, Keppel which goes beyond inducted into the Keppel our people to drive business
Telecommunications & commerce. It embraces family at the Keppel growth globally.” keppelite Transportation and enhancing people-to-people
Keppel’s partnership with Young Arab Leaders in this inaugural Arab-Asian internship exchange programme is the first of many international collaborations to come.
Encouraging interaction at a younger level, and growing from strength to strength, these programmes will open up channels of communication and cooperation between Singapore, more specifically South East Asia, and the Middle East; as well as open up a variety of opportunities for younger Singaporeans and Keppelites. Mr Lim Chee Onn Executive Chairman, Keppel Corporation
Keppelite I July 2008 14 Business
Accolades for investor relations
Basking in the spotlight at “Best Managed Company” “These accolades are GM of Investor Relations FinanceAsia Country Awards category, fourth in “Best further testament to & Research, Keppel Land. 2008 was Keppel Land which Corporate Governance” and strong investor confidence bagged not one but three eighth for “Best Investor in Keppel Land. It is also Votes from 167 investors and awards. Relations”. due recognition for the analysts had been collected team, whose passion and across the region, culminating The eighth edition of the Keppel Land was also the dedication are integral in the unveiling of the best annual poll of Asia’s top only property developer in to our achievements,” said managed in the region in companies saw Keppel Land the Top 10 for the “Best Ms Serena Toh, Deputy eight key sectors in early July.
proudly ranking fifth in the Investor Relations” category. keppelite
Embracing the environment
A finalist in the 2008 Organised by the Association encourage companies to be of lives while minimising Singapore Environmental for Chartered Certified more accountable for the ecological impact. and Social Reporting Awards Accountants, SESRA recognises social, environmental and (SESRA), Keppel Land‚s companies that display economic impact of their Developments such as efforts to embrace the exceptional effort in reporting activities. The Tresor and Ocean environment environmental their non-financial disclosures Financial Centre are winners and social performance to their stakeholders. Walking the talk beyond of the Green Mark Awards transparency has have made environmental and social conferred by Singapore’s it a three-time nominee since It aims to promote good reporting, Keppel Land takes Building and Construction 2005. corporate citizenship and great care to improve quality Authority for environment- friendly building practices and innovative green features.
Keppel Land plans to introduce green building technologies for all its new property development designs and rigorously conducts energy audits on current buildings to better manage them in a cost and energy-efficient way. It also aims to obtain ISO 14001 Environment Management System (EMS) certification for its commercial and residential operations by The Tresor is a winner of the Green Mark Awards end-2008. keppelite
Keppelite I July 2008 Business 15
Ringing to sunnier times
Tuning in to customers’ maintain this constructive them to tell us how we can to them,” said Mr Neil needs, M1 launched the dialogue with our customers, better meet their needs and Montefiore, CEO of M1.
“You Deserve Better” and would like to encourage what services would appeal keppelite campaign in April to gather feedback from mobile users in Singapore on what Bearing sunshine with the Olympic Torch they want from their mobile service operator. Beijing just got sunnier as so happy and patriotic. signed over 300 Over 15,000 people Mr Neil Montefiore, CEO The atmosphere was an autographs while I was in responded to the survey of M1, took part in the inspiration!” Nanjing. That felt very via SMS and the Olympic Torch Relay and strange when I am not a www.youdeservebetter.sg ran part of the Nanjing He also added, “I actually celebrity.” website. M1 has since leg earlier in the year. introduced several new plans to cater to specific Mr Montefiore received needs. the invitation from Samsung Electronics last On 6 June 2008, M1 year to be one of the launched the Sunshare four torchbearers from supplementary plan that Singapore. Samsung is allows the main line to share the Presenting Partner the free talktime/SMS/MMS of the Torch Relay, which bundle with up to four other is the biggest non- lines as well as enjoy competitive event in the unlimited free calls within the world. group. He was among 21,280 A new DIY (do-it-yourself) torchbearers to transport plan, the first of its kind in the Olympic Flame to the market, was also Beijing. introduced to cater to customers who wish to “I never imagined that design their own mobile I would have the chance plans to suit their needs. to take part in the With this plan, customers Olympic Torch Relay,” subscribe to a base plan and said Mr Montefiore. “I add on optional features that was very proud when are relevant and useful to Samsung invited me to them. be one of the four torchbearers from “These two new mobile Singapore. The experience plans are the results of the in Nanjing was wonderful. feedback that we received Over a million spectators Mr Montefiore (left), CEO of M1, was warmed by the smiles when he took part in the from customers. We hope to turned up and they were Olympic torch relay as a torchbearer
Keppelite I July 2008 16 Business
The Admiral arrives Keppel Bay is Singapore’s first waterfront development to provide luxury yacht charter privileges to home owners.
Home owners and residents ceremony at Marina at an exceptional waterfront chartered at a privileged of premier waterfront Keppel Bay and witnessed by lifestyle experience, Keppel rate. condominiums at Keppel Bay Keppel Bay residents and Bay is the only development have much to look forward business associates. in Singapore to offer its Said Mr Augustine Tan, CEO, to with the introduction of home owners and residents Singapore Residential of luxury yacht charter services In line with its delivery of a luxury yacht which can be Keppel Land International, at their doorstep. “Keppel Bay is delivering on its promise to be a vibrant A spanking new yacht of the waterfront precinct where Grand Banks 52 Europa home owners can enjoy the design is now owned and best in urban and waterfront managed by Marina at lifestyles. Keppel Bay. “As such, no effort is spared The yacht was christened The when it comes to enhancing Admiral by Mrs Alice Chua, the premier and intimate wife of the late Mr Chua waterfront lifestyle Chor Teck, former MD of experience at Keppel Bay Keppel Shipyard and one of through our world-class the pioneers of Singapore’s offerings of luxurious homes,
marine industry, at a Lady Sponsor Mrs Alice Chua take the helm onboard The Admiral a marina playground and a host of other waterfront amenities and facilities that residents can enjoy.”
With its finely crafted furnishings, immaculate varnished teak finishings and top-class German fittings, The Admiral offers expansive lounge spaces and large living area ideal for dining and entertainment out at sea.
Mr Tan added, “Today, waterfront living has become a lifestyle of choice. We are confident that Keppel Bay, with its exceptional offering of a ‘complete’ premier waterfront environment, meets a worldwide trend
Keppel Bay’s first luxury yacht enhances the waterfront lifestyle of home owners towards this lifestyle.” keppelite
Keppelite I July 2008 Business 17
Words of appreciation Cruise for celebration Out in full force to celebrate the christening of Marina at Keppel Bay’s latest luxury yacht, The Admiral, Keppel Bay residents and home owners shared their appreciation.
“Besides marrying my many exclusive waterfront lifetime partner, Linda, events that have taken owning a unit at Caribbean place right at our doorstep at Keppel Bay is the best such as the Clipper Race decision I have ever made. and Boat Asia. One of my greatest joys is the many friends I have “The latest addition of a met from the Keppel yacht, The Admiral, will Group and residents from definitely appeal to the Keppel Bay. residents. It is a beautiful and magnificent yacht Owners and residents of Keppel Bay homes enjoy the privileged lifestyle at Marina at “I am also appreciative of where families and Keppel Bay the fact that Keppel friends can spend special endeavours to add value moments together. In fact, Enjoying the first charter exquisite interior comforts, and premium into the my friends and I are already The Admiral since its spaciousness and lush Keppel Bay precinct, thinking about our next christening was Mr Dmitry furnishings exuding The Admiral being one trip out to sea!” Golomovzy and his family, timeless beauty, I such unique offering who celebrated his 39th appreciated the excellent Ms Josie Caradonna for home owners and birthday onboard on services and assistance Caribbean at Keppel Bay residents. To witness the 19 July 2008. provided by the Marina’s resident christening of the luxury staff and the superb yacht by Mrs Alice Chua Hopping on with ease at catering service. The was most memorable.” “I was treated to a special the Marina just a stone’s collection of wines from preview of The Admiral throw away from their The Wine Glass was Mr Peter Chan and was awed by its home at Caribbean at also amazing,” enthused Caribbean at Keppel Bay immaculate finishing, Keppel Bay, the family Mr Golomovzy. home owner spacious cabin and enjoyed the caressing sea luxurious interiors. breeze on the sun- “I would definitely charter “Living at Caribbean at Delectable food, excellent drenched Saturday. The Admiral again and Keppel Bay for the last company and an attentive recommend friends to three and a half years has and expert Marina crew – They visited Lazarus Island charter the yacht for been one of the best kudos to a well-organised and St. John Islands, birthday celebrations, decisions my family and event! cruised along the east as it has provided an I have made in coming coast, and even swam in unforgettable experience, to Singapore. We have Ms Low Chin Loo the sea. and a very memorable enjoyed immensely the Caribbean at Keppel Bay birthday for me,” he home owner “Apart from The Admiral’s added.
Keppelite I July 2008 18 Business
Energetic batch
Ready to take on the new challenges of operating a WTE plant is the pioneer batch of Plant Operators for KIE
The pioneer batch of Waste- The trainees are slated to be that one of the hardest part William was very impressed to-Energy (WTE) plant deployed to two major of the training was when with the island. “It was a operators for Keppel projects ongoing at KIE. they had to clear chokes. beautiful island, with crystal Integrated Engineering (KIE) However, the daunting task clear water and mangrove graduated recently from their They include the contract to was made easier with help trees, in fact, it did not look intensive six months training design, build, own and from the friends he made like a landfill at all!” he said. course. operate Singapore’s fifth during the training. WTE plant, as well as the The course was held in From diverse parts of S$1.7 billion project for the The trainees also got a conjunction with the Southeast Asia, the 24 integrated Domestic Solid glimpse of what their work National Environmental graduates learned the Waste Management Centre will contribute towards when Agency. Gracing the intricacies of keeping a WTE in Qatar. they visited Singapore’s graduation ceremony was plant operating in tip-top landfill, Pulau Semakau, as Mr Goh Chin Aik, Project condition. William Solomon Pakinathan, part of their training. Director for Keppel Seghers.
one of the trainees recounted keppelite
Show of responsibility
Keppel Corporation is a Showcasing Keppel Seghers and television networks Middle East, Latin America
sponsor of “Responsible Ulu Pandan NEWater Plant, across Asia, Europe, the and the USA. keppelite Business”, a new television the Group’s environmental series, showcasing leading engineering division will be global corporations that featured in the episode, Responsible Business CNBC Europe partner government, NGOs “Corporations Tackling the premieres on 26 July and (Europe, Middle East and Africa): and other international Global Water Crisis.” repeat telecasts are 13:30-14:00 (CET) organisations to develop available through out the CNBC Asia business-driven solutions Catch a glimpse of the vital week. Check your local 19:00-19:30 (Singapore/HK Time) to some of the greatest role Keppel’s water recycling listing for more details. CNBC World challenges facing our world facility plays in the national (North America): 21:00-21:30 today. water strategy on many cable (EDT)
Keppelite I July 2008 Special Focus 19
Solutions for sustainable development
Singapore’s Prime Minister Lee Hsien Loong with Minister of Environment and Water Resources, Dr Yaacob Ibrahim, touring Keppel Group’s booth. Seen here is the Group’s showcase of the premier waterfront development, Keppel Bay Continues on page 20...
Keppelite I July 2008 20 Special Focus
...continued from page 19.
The world’s population, on its Singapore’s water agency, current growth trajectory, is SIWW provided a global expected to reach nearly platform that brought FOUR KEY ECO-PRINCIPLES 9 billion by the year 2050, policymakers, industry with more than half of the leaders, experts and ECOllaboration global population to be practitioners together Working with stakeholders, policy-makers urbanised. to address challenges, and decision-makers to build a better future showcase technologies, Such estimates necessarily discover opportunities and ECOnomy point to sustainable celebrate achievements in development as a significant the water world. Balancing commercial viability and global solution given environmental sustainability the current rapid and Flowing parallel to the SIWW unprecedented rate of was the World Cities Summit ECOmmitment urbanisation. and East Asia Summit Promoting environmental awareness and on Liveable Cities, which supporting green initiatives As cities grow and explored other aspects of populations burgeon, sustainable development resources to sustain life including governance and ECOmmunity and development on an policy-making. Creating sustainable developments for international scale are future generations increasingly strained, Keppel showcased synergies creating stress on the and competencies of two environment. business divisions, Keppel Anchoring the Keppel opened by PM Lee in March Land and Keppel Seghers, Group’s showcase was its 2007 and now contributes Already, a whopping 700 during this inaugural event. four key eco-principles of about 10% of Singapore’s million Asians today have no ecollaboration, economy, total water needs. access to safe drinking water; The core competencies and ecommitment and while another 1.5 billion synergy of Keppel’s property ecommunity. The NEWater plant received suffer without access to basic and environmental divisions delegates from China, Japan, sanitation. resonated with the central SALIENT SOLUTIONS Middle East and Europe, themes of all three events. Keppel’s business units including members from The The statistics may look highlighted their major Chartered Institution of daunting but hope is Explaining the rationale for projects, demonstrating their Water and Environmental swelling. co-locating the three events, experience and expertise for Management Hong Kong Singapore Prime Minister’s sustainable developments. and Saline Water Conversion Over 8500 people, 5000 Lee Hsien Loong said in his Corporation. policy-makers from 60 keynote address, “At the Taking centre stage for countries gathered in heart of it, all cities strive for Keppel Seghers is the Design, Mr Eric Mun, GM of Singapore to explore certain common goals in Build, Own and Operate Ulu Keppel Seghers NEWater solutions for a cleaner future. sustainable living – clean air, Pandan NEWater Plant, Development Co. and clean water, good living Singapore’s currently largest Mr Cheang Whye Theng, Founding sponsor, the environment and efficient NEWater Plant. It was Plant Manager, hosted the Keppel Group was part of use of resources. featured as one of the visitors. They shared how the solution at the Singapore significant milestones in the Keppel Seghers conducts International Water Week “These goals cannot be national water strategy, and Research & Development at (SIWW) held on 23 to achieved in isolation. They was part of the programme the laboratory and pilot plant 27 June 2008. require a holistic approach, of its technical tours. of Keppel Environment integrated with sound urban Technology Centre to Organised by PUB, management.” The Plant was officially improve operating efficiency.
Keppelite I July 2008 21
Visitors were briefed on Keppel Seghers’ advanced environmental technologies and provided with a comprehensive overview of the milestones, flexibility and space-saving features of the plant.
Keppel Seghers also highlighted its other landmark projects such as Singapore’s fifth incineration plant, Doha North Sewage Treatment Works and Qatar’s first Domestic Solid Waste Management Centre Project.
GREEN LANDMARKS Casting the spotlight on its commitment to create distinctive live-work-and-play environments in Singapore and the region, Keppel Land’s showcase focused on its integrated large-scale lifestyle townships and waterfront developments in Asia.
A leading example displayed of Keppel Land’s reputed quality hallmark of transforming cities and enhancing lives was the premier waterfront development, Keppel Bay which has placed Singapore on the world’s luxury real estate map.
Keppel Land’s in-depth experience, innovation, and excellent execution in its international projects were also highlighted through key projects in China, Middle East, Vietnam, Indonesia and Singapore.
Continues on page 22... Mr William Phay, Manager (R&D), Keppel Seghers introduces the unique features of Ulu Pandan NEWater Plant to delegates at the SIWW
Keppelite I July 2008 22 Special Focus
...continued from page 21.
FLOURISH OF FESTIVITIES The week-long convention ended on a high note on the aptly chosen Keppel Island with a well-attended closing dinner. Enjoying the sea breeze and wide bay view, the delegates enjoyed traditional Singaporean hospitality by sampling local delicacies amidst the ambience of the world-class waterfront development at Keppel Bay.
Taking the opportunity to remind delegates that the
Ulu Pandan NEWater Plant was part of the pitstops for delegates looking for a more in-depth understanding of Singapore’s water strategy
The Business of Water
Inherent in the global distinguished speakers water quest foregrounded invited to share their opinions at the Singapore and insights at the International Water Week roundtable discussion is the importance of good examining “The Business of governance structures and Water”. support in sustainable urban development. At the heart of the matter was the collective These and other pertinent advocacy for proper issues were discussed at governance to create the the Water Leaders Summit right environment for engaging top policy innovation in water makers, Ministers, mayors technologies and the and leaders of the industry, provision of water international organisations infrastructures to be such as the Asian commercially viable. Development Bank and the World Bank as well as Apart from enhancing top academics. economic competitiveness, strong governance impacts Mr Lim Chee Onn, urban leadership, capacity Executive Chairman of development as well as Keppel Corporation was technological innovations
among a panel of which can provide cost- Mr Lim Chee Onn spoke on Public Private Partnerships as part of the Water Leaders Summit
Keppelite I July 2008 23
pristine water surrounding Singapore’s only privately- owned island did not come by accident but as the result of good governance and planning, was Ambassador- at-Large, Professor Tommy Koh.
He highlighted in his closing statement that “good governance, meaning governance based upon merit, competence, integrity, transparency, accountability and equity, is vital to tackling all our challenges.” keppelite
Minister Yaacob Ibrahim and Mr Tan Gee Paw, Chairman of PUB gets a local welcome from a Dikir Barat troupe at the Closing Dinner held on Keppel Island
effective solutions to the harnessed to reap benefits PUBLIC PRIVATE Own and Operate 20-year masses. for humanity. PARTNERSHIPS PPP contract, which was Public Private Partnership awarded to Keppel Sharing the main business Speaking alongside Mr Lim (PPP) is a long-term Integrated Engineering in propositions of water were a line-up of respected partnering relationship January 2005. This plant is infrastructure development industry experts including between the public and the biggest to-date and for Keppel, Mr Lim Mr Jamal Saghir, Director private sectors to deliver has a production capacity elaborated on observations (Energy, Transport and services. Through PPP, the of 148,000m3/d NEWater about the relationship Water), The World Bank; public sector seeks to bring per day. The PPP approach between the public and Mr Hu Siyi, Vice Minister, together the expertise and has helped to lower the private sectors and Ministry of Water Resources, resources of the public and overall cost of supplying conditions conducive to People’s Republic of China, private sectors to provide water for PUB. sustaining successful public- and Mr Gerard Payen, services to the public at the private partnerships (PPP), President, Aquafed best value for money. The National Environment including transparency, trust (International Federation of Agency also awarded a PPP and technology. Private Water Operators). There are many possible contract for Singapore’s PPP models, including fifth incineration plant Touching on innovation and From the private sector, big joint-ventures, strategic to Keppel Seghers technology as key to solving water players were also partnerships to make better Engineering Singapore urban water problems, represented by Mr Tom uses of government assets, (KSES) in November 2005. Mr Lim also emphasised Searle, Group CE Design-Build-Operate and Under the PPP, KSES would continual investments and (International) & President, Design-Build-Finance- Design-Build-Own- efforts in research and Water Business Group, Operate. Operate the incineration development by both the CH2MHill, USA and Mr John plant for a period of 25 public and private sectors Rice, Vice-Chairman, GE The Keppel Seghers Ulu years. to ensure that new Company and President & Pandan NEWater Plant is technologies are effectively CEO, GE Infrastructure, USA. built on a Design-Build-
Keppelite I July 2008 24 Team
The Odyssey of Passion
Keppelite I July 2008 Onboard Uniquely SingaporeTeam 25
Sponsored by Keppel with the Singapore Tourism Board as Race Partner, Uniquely Singapore embarked on the Clipper 07-08 Race which started in Liverpool, England on 16 September 2007. Over the last 10 months, the little red boat has sailed completely around the world, crossing the Atlantic three times, the Pacific once, and sailing across the Southern Ocean, with stopovers in five continents.
Keppelite I July 2008 26 Team
Uniquely Singapore makes podium in final chase A creditable second in the final race to Liverpool positions Uniquely Singapore seventh in the overall standing in the Clipper 07-08 Round the World Yacht Race.
Exhilaration fills the air as Uniquely Singapore achieves another podium position in the final leg
Uniquely Singapore Her first podium win was This is the second Ms Wang Look Fung, GM, achieved a podium finish, in Leg 5 from Hawaii to Santa consecutive year that Keppel Group Corporate arriving second of the ten Craz. In the overall tally, Singapore has fielded an Communications international Clipper yachts Uniquely Singapore did the entry in the Clipper Race. congratulated the team, at Albert Dock in Liverpool nation proud by finishing The main sponsor of “The Uniquely Singapore on 5 July 2008, in the final seventh position in a race Uniquely Singapore for the crew and our Keppel race of the Clipper 07-08 that has crossed 35,000 Clipper 07-08 Race is Keppel ambassadors have done us Round the World Yacht Race. miles round the globe. Corporation, together with proud with their display of a race partner, the Singapore strong can-do spirit and Tourism Board (STB).
Keppelite I July 2008 Onboard Uniquely SingaporeTeam 27
Many of our 30,000-strong With the Uniquely Singapore staff across more than 30 Clipper, we have had the countries have followed opportunity to showcase to the team’s adventures, the world Singapore’s rallied support for them promise as a ‘must-visit’ and imbibed the spirit of destination. teamwork, passion and a global mindset,” said “Energetic crew members Ms Wang. have also played an important role as roving Four of them were single- tourism ambassadors, leggers while one crewed in personifying our colourful three legs and another in and vibrant city with its five. unique blend of culture and tradition,” said Mr Low. PRIVATE-PUBLIC Cannon fired by Ms Wang Look Fung, GM, Group Corporate Communications, to salute Uniquely Singapore and her team at the end of Clipper Race in Liverpool COLLABORATION The 07-08 Race also saw a Uniquely Singapore’s entry large contingent of young tenacity to overcome all odds Singapore proud as tourism in the Clipper Race also people from ASEAN taking with teamwork. ambassadors and we look demonstrated the deepening part in the race as part of forward to welcoming cross-sector collaboration ASEAN’s 40th anniversary “They have also extended them back to our Uniquely between Singapore’s public celebrations this year. Singapore’s friendship and Singapore shores.” service and private The ASEAN contingent’s goodwill to the nations. We corporations. participation was supported hope their achievements and Indeed, the Clipper Race has by the Singapore-ASEAN adventures demonstrate that brought tears and laughter, Such partnerships show up Youth Fund and Singapore’s ordinary Singaporeans can exhilaration and an the quality of Singapore’s Ministry of Foreign Affairs do the extraordinary when adventure of a lifetime not global enterprises and help (MFA). It was a reflection of they pursue their passions only for those personally raise the country’s profile as the strong collaboration and dreams.” involved in the Race, but for a leading global business hub amongst ASEAN members to all its stakeholders and and choice destination in promote ASEAN as a Mr Ken Low, Assistant sponsors. which to live, work and play. destination. CE (Brand and Communications), Singapore PEOPLE DEVELOPMENT “Building on the success of Uniquely Singapore Tourism Board, added, Stepping up its commitment Keppel’s sponsorship of the welcomed the ASEAN “Congratulations to the from the Clipper 05-06 Race, previous race, we continued contingent onboard on Uniquely Singapore crew on Keppel sponsored more to enjoy a synergistic Leg 4 to team up for the completing their Clipper Keppelites for a taste of the partnership with STB in the global challenge. The ASEAN sailing adventure on the high adventure in the race. This is Clipper 07-08 Race, raising contingent had joined the seas. aligned with the Group’s the international profile of Uniquely Singapore crew in culture to encourage Singapore as the region’s Fremantle, Australia, through “Besides being inspired by personal development. sailing hub and boosting the Singapore stop-over, to the rich experiences and public interest in sailing as a finish in Qingdao, China in visual wonders on their “Flying Keppel’s colours sport,” added Ms Wang. February. journey, they have surely around the world, we are touched the lives of those proud of the six-strong “STB is pleased to be a “Having young people from around with their never-say- Keppelite team which was partner in the Clipper Round ASEAN countries sailing die team spirit and close fielded as part of our people the World Yacht Race for the together in the Clipper Race camaraderie. They have done development initiatives. second consecutive year. is a unique opportunity
Continues on page 28...
Keppelite I July 2008 28 Team
“We are pleased to have stopover in Singapore in the for people development, engaged the public and the 05-06 race,” said Caribbean private-public collaboration residents of Keppel Bay at Keppel Bay resident and promotion of the Keppel during the Clipper stopover Ms Dal Botha. brand, the Clipper odyssey ...continued from page 27. in Singapore, which has has touched the lives of the added to the international She enthused, “My family people who participated in it. for them to interact and character and premium of and I were thrilled to understand one another Keppel Bay as a world-class welcome them into Keppel Keppelites Desmond Lim better. We hope that the waterfront residential Bay. We often strolled along from Marina at Keppel Bay ASEAN crew will develop a precinct,” Ms Wang said. the Caribbean at Keppel Bay who raced in Leg Seven, and sense of camaraderie that boardwalk to admire the Koh Kok Siong from Keppel will be kept alive through Residents of Keppel Bay majestic Clippers during their Seghers, the closest to being post-race networking in the certainly benefitted from the stopover at Marina at Keppel a Singaporean round-the- years to come,’ said an MFA colourful stopover festivities Bay. It was lovely with the worlder having done all but spokesman. put up to celebrate the carnival atmosphere, adding two of the seven legs, stopover of the fleet in international colour and returned home with a fresh PROMOTING KEPPEL BAY Singapore in January. excitement to our home at perspective on life, Keppel’s involvement in the Keppel Bay.” adventure, work and family. race has helped promote its “I am a great fan of the Keppelite speaks to the avid brands and values to a global Clipper Race! I have followed PERSONAL GROWTH adventure-seekers. keppelite audience. them since their first Beyond offering a platform
Shoulder-to-shoulder, arm-in-arm: the ASEAN team in unity after the Clipper experience
Keppelite I July 2008 Onboard Uniquely SingaporeTeam 29
Shipshape for new challenges
Brandishing a passport experience to bear on his chockfull of stamps and work at the Marina. visas collected from all over the world, a visibly sun- “With team effort, many battered Koh Kok Siong colossal tasks can be grins as he shows off the accomplished. My belief hard-earned souvenirs in harnessing team spirit to from his round-the-world get things done has been race. reaffirmed and I look forward to work shoulder Recently back from to shoulder alongside my Liverpool after the race team mates at Marina at conclusion, the 31-year-old Keppel Bay once again to self-professed adventure- deliver on a world-class addict looks back in awe product and service,” at the colourful faces and Desmond enthused. places he has come in contact in the last six Being part of the Marina months. Kok Siong (left) and Desmond back on firm ground team working to add value, premium and The seasoned traveller, you will find a way no matter life in general. This leaves quality to the Keppel Bay having globe-trotted from how difficult the challenges me hungry for more precinct, Desmond is also India to Israel and seem. Problems always come knowledge!” he quipped. proud to hear feedback Indonesia previously for with solutions. It is up to you from fellow crew on the work, counts the inspiring to be creative in charting new As for Desmond Lim from Singapore stopover as a stories shared by fellow paths to reach your goals.” Marina at Keppel Bay, the memorable one. crew mates as important first few days back home lessons for keeps. While he misses his mates have kept him busy with “It fills me with great pride and life onboard, Kok Siong, spending quality time with and satisfaction to hear Kok Siong said, “To do a Keppel Scholar, is ready and daughter Sabrina who had the international crew the race, some of them raring to jump straight back missed him terribly. reminisce about the good have had to quit their jobs, into work with a new posting times in Singapore and the pry themselves from their at Keppel Seghers. Having lost almost 10kg, festive celebrations held at children and spouses and the fatherly figure adored by Marina at Keppel Bay. The jump through all kinds of A renewed thirst for learning fellow crew for his easy- race has truly raised the hoops. Not even age or and knowledge will prepare going disposition and can-do profile of Singapore and physical disabilities such as him well for his new attitude has incorporated Keppel Bay globally,” he hearing problems or a bad assignment, following his discipline as a core shared. knee had stopped them. journey of discovery across philosophy both in his the world’s oceans. personal and professional With their adventurous “That has inspired me to life. appetites, it is not likely to face life and its challenges “Apart from the sailing, I be long before they with more tenacity. As long have learnt so much from Making time and effort to embark on new challenges as you are passionate my fellow crew members – hit the gym daily to maintain at work and at play! about doing something, about astronomy, maritime his health, Desmond is also history, marine life and just eager to bring his sailing
Keppelite I July 2008 30 Team
Masters of the seas
The hotly anticipated Keppel a healthy lifestyle. It also TEE-TOP CONDITION Pin’ prize, Ng Siong Seng, Group Inter-SBU Games serves as a platform to renew All geared up for a fight of Senior Section Manager (iSBUG) 2008, ‘Venture old ties and forge cross-unit clubs, some 100 Keppelites (Piping Section) from Beyond’, kicked off to a identity and interaction. and business associates got Keppel Shipyard (Tuas), said, formidable start on 4 July into the full swing of the golf “This year’s golf tournament 2008 at the National Service With the upcoming tournament at the Kranji venue posed a fresh set of Resort and Country Club tournaments such as Pool, Sanctuary course. challenges and makes the (Kranji Sanctuary). Futsal, Bowling, Badminton games more interesting. and grand finale Vertical Putting and perfecting their Opening the annual event, Marathon, the competition games, they took on the “The Games are a great Mr Choo Chiau Beng, Senior for the Overall Challenge challenging deep bunkers, opportunity to get to know Executive Director of Keppel Trophy is still on! narrow fairways and our colleagues from the Corporation and Chairman & waterways, sharing a spirit other units and I will CEO of Keppel O&M, Keppelite brings you the of sportsmanship. definitely take part in the shared, “This year’s theme highlights of the first two other events as well.” of ‘Venture Beyond’ builds games – Golf and Darts. The winner of the ‘Nearest to on last year’s ’Rising Beyond‘, to encourage Keppelites to continue to embody and embrace Keppel’s Can-Do! spirit.
“Restructuring the teams’ composition encourages interaction between Keppelites from different business units. To signify a new start, the team names have been changed to that of oceans and seas – Caribbean, Atlantic, Caspian and Pacific.”
Spurring Keppelites to ‘venture beyond’ their comfort zones, Mr Choo also encouraged them learn and grow by seizing opportunities for challenging posts and overseas assignments.
Into its sixth year, the Games are more than just a Senior management rallied together and showed their support at the iSBUG Golf Tournament sporting event to encourage
Keppelite I July 2008 Team 31
Intensive practice paid off for the Caspian teams as they swept the top two positions and Team Atlantic share a triumphant moment after scoring a win to take third placing Overall Champion trophies in the Darts Challenge
DART KNIGHTS Compared to last year’s At the Keppel Integrated winning design, Ismail Engineering (KIE) Darts revealed that this artistic Challenge, excitement piece was more of a mounted as competitors collaborative effort with took careful aim at toppling several colleagues the defending champion for contributing ideas for the the last two consecutive final design. years. “The blue waves represent Held at the Par Lounge at seas of opportunity and the Orchid Country Club on Team Atlantic proudly presented their winning flag at the iSBUG 2008 opening ceremony also represents the four 13 July 2008, determined sharing some of the pertinent features of Ismail Tijoh’s design teams of the Games. The red players stung their wave and rising arcs show opponents with sharp shots, The semi-finals were Introduced for the first time dynamism and Keppel rising having started target practice dominated by three teams last year, the Competition’s above all challenges while some months ago to improve from Caspian but sole return was backed by the red oval border holds their winning odds. survivor Atlantic 3 proved to popular demand. Entries the Group together and be a worthy opponent and poured in as Keppelites symbolises an egg which A couple of fresh hands beat Caspian 3 to secure the juiced their brains for creative incubates and nurtures new made their first attempts third position. With their designs. talents,” explained Ismail, at the competition with strong lead, Caspian was a batik enthusiast. guidance from their more eventually the undisputed Red, blue and yellow seemed experienced colleagues. Overall Champion for darts. to be the lucky combination Giving points for creativity, for Ismail Tijoh from Keppel use of colours, use of Cheryl Tang, from team KEPPEL COLOURS Shipyard (Tuas). Second-time graphics and overall appeal, Caribbean, Senior Executive Impressed by the creative champion for the Best Flag the panel of judges were from Group HR, Keppel use of vibrant colours Design, Ismail won a cash impressed with the abstract Corporation shared, “This is and dynamic graphics prize and scored 50 points, design of Atlantic’s winning my first time playing darts representing people, giving team Atlantic a flag, as it also cleverly and my colleagues were very teamwork and compassion, headstart before the incorporated the letter ‘A’ to supportive and provided team Atlantic won the Flag commencement of the portray the team’s name. advice on how to improve my Design competition, which sports tournaments. keppelite aim.” was unveiled at the opening ceremony.
Keppelite I July 2008 32 People
Diving for a good cause
Some 32 Keppelites with a With ages spanning 24 to interest in diving whilst transplanted from the coral passion for conservation 54, they were drawn contributing back to the nursery tables to some of the have come forward as together by their common environment.” reefs around Singapore volunteer divers to aid in the interest in diving and a desire where experts report that monthly maintenance of to do their part in the To date, some 17 tables coral reef mass has been Singapore’s first coral nursery protection of the delicate comprising of over 100 reduced by up to 60% in off the coast of Pulau marine ecosystem. coral fragments have been some locations. Semakau, since the project deployed in the coral was launched in July last year. Keppel FELS Hull nursery. The partners aim to Often working in low Superintendent, Timothy Ow deploy up to 20 tables of visibility conditions, the A partnership between said, “People often do not approximately 500-600 coral divers fulfill two main tasks: National Parks Board, realise the crucial roles these fragments by mid-2009. It anchor the legs of the coral National University of silent inhabitants of the sea is estimated that the tables and repair damaged Singapore and National play. However, those of us coral fragments will require tables; and clean the corals Environment Agency, the working in the offshore and between six and 12 months to aid in their regeneration programme has not only marine industry are more before they can be process. been beneficial to Mother sensitive to the importance transplanted. Nature but has also provided of coral reefs with these “It is very different from what a platform for Keppelites to volunteer dives, we are Once these fragments you will imagine. It is not like interact and foster team spirit able to pursue our keen have grown, they will be your leisure diving trips, across business units. where you get to see large expanse of beautiful corals. Usually, you can only see a few metres ahead of you and it gets worse after you scrub the corals clean,” said Karan Teo, Marketing Executive, Keppel Seghers.
Participation in the programme has brought with it both challenges and rewards. As fellow Keppel FELS Hull Superintendent, Lesley Yong, pointed out, “Managing our work schedules can sometimes be challenging. However, the camaraderie among the divers is strong and we try our best to support each
other.” keppelite
Keppel volunteer divers transferring the seed coral table tops to be secured to the sea bed
Keppelite I July 2008 People 33
Values above par
Driving to a good cause are (from left), Mr Teoh Khoon Keah, Metta’s Golf Committee Chairman, Mr Tong Chong Heong, MD & COO of Keppel O&M, Mr Tharman Shanmugaratnam, Minister for Finance and Mr Choo Chiau Beng, Chairman & CEO of Keppel O&M
This month, Keppel takes to CEO of Keppel O&M said, Shanmugaratnam, Minister including the coveted the golf courses to share “Wherever we are, we for Finance. $100,000 cash prize for a good will and a strong strive to be responsible and hole-in-one at hole nine. community spirit. Be it active members of our Through this tournament, extending its commitment communities. This is a value Metta raised $168,000, The top honours eventually to help the underprivileged that we want to inculcate in which will be channelled well to a deserving or thanking its tenants our people.” towards developing Mr Nicholas Ng, CEO of and customers for their programmes and activities DMG and Partners Securities continuing support, the Keppel O&M’s active for Metta’s nine centres Pte Ltd, who clinched the greens have been fertile contribution towards Metta’s located islandwide to provide overall championship title. grounds for Keppel to students go beyond fund- special education, medical Mr Ng bagged the strengthen its valued raisers and charity banquets care and welfare services for championship trophy, a $750 relationships with its various – the company also the intellectually disabled, shopping voucher and two stakeholders. contributes to the well- elderly and terminally ill. boxes of golf balls. rounded development of ON COURSE FOR GOOD the students by providing TEE-BREAK FOR TENANTS The title of Best Lady Golfer CAUSE opportunities for Dark clouds never did deter remained uncontested as last For the third consecutive intellectually-challenged fervent golf enthusiasts and year’s winner Mrs Lim Hock year, Keppel Offshore & students from Metta’s tenants of Ocean Towers and San held the forte for the Marine (Keppel O&M) has schools to showcase their Equity Plaza from enjoying second year running. supported the Metta Welfare talents in performances at the traditional Ocean Towers’ Association (Metta) in its naming ceremonies held at annual Golf Tournament. The evening ended on a high Charity Golf Tournament to its yards. note as the sumptuous raise funds. Held for the 33rd year at dinner offered a welcome Held in conjunction with Sentosa Golf Club’s Tanjong respite from the day’s A strong showing of senior the Raffles Charity Open golf course on 20 June 2008, activities, and a platform for management underscored at Raffles Country Club on the golfers teed off to a networking and interaction the company’s spirit of 2 July 2008, the tournament swinging good time as they between the tenants and corporate citizenry. Mr Choo was graced by Mr Tharman vied for various honours, property management team.
Chiau Beng, Chairman & keppelit
Keppelite I July 2008 34 Community
Celebrating 40 years of excellence
Keppel Corporation was Council (NAC) to jointly Mr Teo Soon Hoe, Senior Commented Mr Lee Suan incorporated in 1968. launch Singapore’s first Executive Director and Group Hiang, CEO, “We are very sustained subsidised ticket Finance Director of Keppel happy to have Keppel Over forty years, Keppel has purchasing scheme to Corporation, said, “A long- onboard as a partner as the withstood the flow and ebb benefit and cultivate term supporter of the arts, company is an example of a of economic cycles and audiences for the arts. Keppel is delighted to work good corporate citizen and become one of Singapore’s with NAC on this innovative strong supporter of the arts. largest multinational Branded as Keppel Nights, scheme to make the arts This innovative scheme conglomerates. In 2007, this innovative arts advocacy more accessible to students, makes it possible for more Forbes’ Global 2000 rankings initiative is part of Keppel heartlanders, senior citizens people to enjoy the arts at classed Keppel Corporation Corporation’s Corporate and their families over a year. affordable prices, which is in as a “global superstar” in the Social Responsibility line with NAC’s mission to conglomerate category. programme to celebrate its “Even as Keppel celebrates nurture the arts and make it 40th Anniversary this year. 40 years of growing along an integral part of the lives Keppel is privileged to have With the $250,000 cash with Singapore, we want to of the people in Singapore. grown with Singapore and contribution from Keppel, continue to nurture and In addition, arts groups will is committed to continue to the year-long scheme allows engage the community and also be able to sell more do its part to nurture the patrons to purchase tickets of through this initiative, help tickets and reach out to a community. In line with pre-selected performances at make the arts an integral part wider audience.” this, Keppel Corporation is half price. of our lives.” partnering the National Arts The inaugural show under Keppel Nights is Keppel Corporation’s 40th Anniversary Concert to be performed by the Singapore Symphony Orchestra on 19 August 2008. The highlight of the Concert is a symphonic work by Professor Ho Chee Kong which was specially composed specially for Keppel.
Some upcoming shows selected to benefit art enthusiasts include Singapore Lyric Opera’s Puccini’s Turandot, Singapore Symphony Orchestra’s Suddenly Last Summer and Singapore Repertory
Theatre’s BOOM. keppelite
From left: A strong partnership between Keppel and NAC – Mrs Susan Loh, Director, Special Projects, NAC ; Mr Lee Suan Hiang, CEO, NAC; Mr Teo Soon Hoe, Senior Executive Director & Group Finance Director, Keppel Corporation and Ms Wang Look Fung, GM, Group Corporate Communications, Keppel Corporation
Keppelite I July 2008 Community 35
Green Initiatives Grin to green
Efforts to drive eco- drop off their recyclable consciousness across the items such as newspapers, Keppel Group are fast clothes and bottles at gaining momentum as designated SPC service business units bring out stations. Proceeds from the green grins from employees collection were donated to and the public through the radio station’s adopted various exciting initiatives. charity, Feiyue Family Service Centre. DRIVING ECO- MINDEDNESS In addition, SPC also Singapore Petroleum introduced Green Initiatives Company (SPC) is supporting to the workplace, which MediaCorp’s Saving Gaia comprises a slew of activities. Campaign which aims to To start off, five recycling bins Ms Eunice Olsen carries a “green” orange bag sponsored by Keppel Land increase awareness of were provided at the SPC environmental issues such as head office. To date, about climate change and global 400 kg of waste paper has The festival, helmed by a Nominated Member of warming for the second been collected for recycling rock concert headlined by Parliament Ms Eunice Olsen consecutive year. Gaia means purposes. local bands, aimed to who was the festival’s Mother Earth in Greek. heighten youth awareness guest of honour shared, “It GROOVING TO GREEN on environmental issues. It is always encouraging to One of the programmes MOVEMENT also included an arts see the public and private under Saving Gaia was a Getting into the groove exhibition, a flea market, and sectors partnering for a good repository of online pledges, of the globe-wide green a special screening of local cause. With support from where members of the movement, Keppel Land films. corporations such as Keppel, public were encouraged to tuned up its commitment to this sends out a strong share their personal green spread the eco-message The event attracted over message to the youth commitment. SPC supported recently at a rock concert. 2500 youths with the environmental awareness is this green effort by giving message of going green serious business.” out eco-friendly reusable Keppel Land sponsored 500 presented in very creative yet shopping bags to the pledge- recyclable bags and 100 practical ways. The festival Ms Olsen also hopes that makers. mugs at the public event saw over 50 flea market this festival will inspire called the RSC Block Party: stalls, manned by youths other young people to SPC also collaborated with the ECO-solutions Festival who promoted re-using by champion environmental
MediaCorp’s Capital 95.8FM Event, which was held on making clothes out of old causes creatively. keppelite radio station in the Save-the- 19 July 2008 at Old School clothings. Earth recycling drive in which @ Mt Sophia. listeners were encouraged to
Keppelite I July 2008 36 Community
One love, one life
Following Keppel’s Group- of about RMB 7 million Land’s award-winning golf to the Red Cross Society in wide efforts to raise funds (US$1 million) earlier this resort, Spring City Golf and Nantong. for Sichuan’s quake relief, May, to be channelled to the Lake Resort raised over Keppel Land extended its Red Cross Society of China. RMB 250,000 with a charity Apart from corporate commitment and donated golf game and auction. donations, Keppelites from RMB 350,000 to support the Earlier quake relief efforts across the Group both in ‘One Love Charity Festival’, a also included placement of Keppel Nantong Shipyard Singapore and overseas have Singapore-led effort to raise donation boxes at Keppel continues to collect donation also given to the cause and further funds for children Land’s offices and residential from its local staff and sub- initiatives are ongoing to affected by the earthquake. properties in Beijing, contractors. The collection so raise funds even amongst Shanghai, Chengdu and far is approximately RMB customers. This contribution adds on to Wuxi. Over in Kunming, 20,000 which will be given the Keppel Group’s donation Yunnan Province, Keppel Through its key businesses in Offshore & Marine, Property and Infrastructure, the Keppel Group has a presence in over 20 cities across China.
Mr Peter Lee, City Head of Keppel Land in Chengdu best summed up the Group’s intentions, said, “Our proactive and holistic approach in seeking avenues to enhance relationships with our hosts in China underscores our commitment to grow with China and contribute to her economic and social development.” Mr Peter Lee, City Head of Keppel Land in Chengdu during a visit to one of the quake-stricken areas keppelite Literary investments
To encourage continued benefited from the cash of KCU and President of Recipient Lee Li Ming, education and to reward rewards for their outstanding Keppel Employee Union and daughter of Lee Kye Chor a spirit of learning and academic performance at Professor Bernard Tan, who is a Superintendent at academic excellence, Keppel the Book-Prize Awards Chairman of KCU and Keppel FELS, said, “I would Credit Union (KCU) awards Ceremony on 19 July 2008, Member of the Keppel like to express my heartfelt Book Prizes annually to held at Keppel Shipyard Telecommunications & thanks to the union, who children of its members. (Tuas). Transportation Board, graced cares for its members. I the occasion and presented intend to save the money for
This year, a total of Mr Mohd Yusop, Director the awards. my future education.” keppelite 22 deserving recipients
Keppelite I July 2008 Community 37
Keppelites Abroad No uphill task for mind-Bender
You may have seen him cycle and future with Keppel for to and fro work with six years now. gleaming shades and a helmet; perspiring profusely Today, Ben’s overseas after a heart-pumping 18- exposure working for a floor speed-climb up Keppel multi-national conglomerate Bay Tower; shouting cheers has helped him embrace a at the top of his lungs or global mindset, and garner high-five slapping team a ‘united nations’ group mates at the various training of friends and colleagues and competition venues hailing from diverse during the Inter-SBU Games nationalities, backgrounds 2008 season. and ages. Rain or shine, Benedict rides his bicycle to work, doing his part to save the world’s energy resources That is Benedict Ang, Project Ben said, “As team manager, Executive with Keppel Group I’m glad for the chance to get not only about winning; they involves a positive attitude, Information Technology (IT), to know people from across are about making friends graciousness and forbearance also one of the managers for the Keppel Group and at all from all over the Keppel is very rewarding.” Team Caribbean who has levels to rally them to take Group, building rapport, and been actively encouraging part in the Games. having a good workout. With an earnest-to-goodness Keppelites to showcase their Winning of course is a and caring nature, it is no brains and brawns in the “The same way we leverage bonus!” he added. wonder that working away competitions. Group synergies and from home has brought Ben complementary strengths in The task of team closer to his family instead of Ben, as he is known among our businesses, managing management, which involves drawing a rift. colleagues and friends, has the team has helped me see planning training schedules, been in Singapore for more that we can pool different securing training venues “Absence does make the than ten years now. He first sporting skills and abilities and strategising groupings heart grow fonder. came over from Manila, the from across the business across all the eight games, Thankfully, today’s Philippines in 1997 to pursue units to form a strong team.” over and above his work communication technology his studies in Information responsibilities, has has helped me bridge the Systems in the School of Participating in the vertical undoubtedly sapped time gap from home. Home is not Computing at National marathon and darts games, and energy. only a cheaper phone call University of Singapore, Ben’s sincere disposition and away, but a cheaper flight under the Keppel enthusiasm has played a Despite the added workload, away as well,” shared Ben, International Scholarship part in convincing several Ben is passionate about whose gregarious personality Programme. Keppelites to pitch in. finishing the task with comes from growing up in a pride. He added, “Seeing big family of nine. With a gung-ho mentality “It is sometimes challenging my colleagues enjoying and indefatigable energy to to rally individuals who are themselves at the Games, For now, career is top priority pursue greater heights in his less excited but I try to having a fun time and as Ben strives to manage the personal development, he help them see a different sharing the right spirit Group’s IT projects on time, has been building his career perspective. The Games are of sportsmanship which budget and quality. keppelite
Keppelite I July 2008 38 Community
Inspiring young minds
“I know now how to build The son of Mr Aziz Amirali This is part of a creative the Keppel FELS yard drew an oil rig.” Merchant, GM (Engineering) initiative by Keppel FELS gasps of excitement and of Keppel FELS, Azeem was Young Club for Keppel FELS’ amazement from the awed Speaking from the bottom of one of 25 children aged Engineering Department children. his heart was eight-year-old between six and 14 who members. Called Kidz@Werkz, Azeem Aziz Merchant, reported for work at 7.15 am this event encourages staff The day ended with a whose tender age belies an sharp on 5 July 2008 at to bring their children to graduation ceremony where already fledging go-getter Keppel FELS shipyard. the workplace for a day the young ‘engineers’ were attitude. of edutainment, learning presented with certificates of what their parents do at participation. Prizes were work through a fun and also presented to the winners informative manner. of an art competition with the winning pieces to be The day began with a hearty displayed in the Engineering breakfast followed by a office. round of icebreaking games for the participants to get “It was fulfilling for us to acquainted with each other know that we have injected while their parents went off some engineering interest to their duties. into these young, brainy participants,” said, Keppel They were initiated into the FELS Project Engineer, world of offshore oil and gas Jenny Leong who is also through a video. the Chairperson of the Kidz@Werkz Organising
An animation showing Committee. keppelite Never too young to learn, they are Kidz@Werkz how a jackup rig is built in
Making green a lifestyle
To encourage staff to “green implement sustainable inspired by the messages and Some of the tips include not up” their lifestyles, Keppel practices and to educate and signed Keppel O&M’s pledge overloading your refrigerator Offshore & Marine (Keppel develop a green culture to protect the environment. to allow cool air to circulate O&M) launched its Green among Keppel O&M freely thereby reducing Vision campaign with employees. Together with their electricity usage. Everyone screenings of the famous complimentary tickets, all took home the message that global warming must-watch, To set the green tone, participants received a in little ways, everyone has a An Inconvenient Truth for informative banners were copy of Protecting our part to play in protecting the its staff on 12 and 28 July. put up offering tips on Environment, a notebook environment for it to be a
reusing paper, plastic, offering tips on how to make better place to live in. keppelite The Green Vision is an glass and even metals. efficient use our resources. initiative to promote and Staff members have been
Keppelite I July 2008 Community 39 vKeppelolunteers
Going green for earth…
Walking the talk took on literal meaning as Keppel Volunteers took to the streets of the Tanjong Katong neighbourhood, spreading the green message on recycling by word of mouth and pamphlets.
Encouraging residents to extend the green mileage on old and unwanted items, Keppel Volunteers were in fact trying to drum up business for a recycling project managed by the Centre for Adults (CFA).
Under the umbrella of the Keppel Volunteers and Keppel-YAL interns spent an enjoyable evening together with CFA participants in celebration of the nation’s birthday Association for Persons with Special Needs (APSN), beneficiaries, they took the fired up their spirits with the backdrop for the descent CFA provides training and opportunity to encourage blow after blow of exciting of the Red Lions, all eyes sheltered workshops to more home owners to be shows and stunts. were glued on the elite equip their clients with regular donors of the jumpers breezing through relevant social and technical recycling project that will Joining them were also the air. skill sets for those 18 years help in sustaining revenue for youth interns from the and above. the CFA. Keppel-Young Arab Leaders’ Adding more colour to their Internship Exchange traditional flypast, the Black One of the initiatives run by The walk paid off with Programme, currently in Knights F-16 fighter jets the CFA is a recycling project. several residents expressing Singapore for a three-month performed an aerial display Donors from residential areas interest in contributing cultural and knowledge with precision, drawing wild can call in and the Centre’s materials to the project and exchange stint. cheers and resounding claps truck will collect items such even sharing the project’s after they executed their as newspapers, cardboard, aims with their neighbours This year’s parade featured a breathtaking stunts. books, magazines, used and friends. triple-tiered stage which clothes, soft toys and provided the added space for Wrapping the night with electrical items for recycling. … AND RED WITH PRIDE the formation of the Guard- panache is the hot favourite, FOR SINGAPORE of-Honour contingents, as the spectacular fireworks While the project is strongly For a group from the CFA well as the landing of the Red display, lighting up not just supported by regular accompanied by Keppel Lions parachutists just metres the city’s skyline but the faces donors, Keppel Volunteers Volunteers, the National Day away from the spectators. of every parade-goer. keppelite aimed to expand the project’s Parade Preview held at outreach. Walking with CFA Marina Bay on 12 July 2008, With clear blue skies forming
Keppelite I July 2008 BackPage 40
Keppel to build Scorpion’s first semi Proprietary DSS 38 design gains momentum in Brazil’s offshore market.
Keppel FELS, a wholly-owned ED of Keppel FELS shared, subsidiary of Keppel Offshore “Having our own proprietary & Marine (Keppel O&M), design has an advantage has been contracted to build throughout the whole its proprietary DSS 38 process from selling to deepwater semisubmersible engineering to construction (semi) rig for Scorpion all the way through to Offshore (Scorpion). delivery to the customer. When you have your own “The DSS 38 model was design, you can more readily developed from our years of customise your rig to meet experience as a rigbuilder customer needs and be a and keen understanding of market leader. operating requirements in the deepwater region “You can also design the rig bordered by Brazil, West to suit your own production Africa and the Gulf of process and supply chain so Mexico. that you can get the most competitive cost and can “It is significant that Scorpion thus have good control of has entrusted Keppel to build costs going forward. For this premium design as its example, if an external first semi for Petrobras. This party’s design is used, the demonstrates the growing quantity of materials used A compact fifth generation rig design, the DSS 38 has an enhanced deck load capacity and recognition of our DSS 38 a user-friendly layout may turn out higher than model as a choice deepwater expected.” rig for offshore Brazil” said Mr Tong Chong Heong, MD semi will be chartered by It has both vertical and With the latest rig, Keppel & COO of Keppel O&M. Scorpion to Brazilian national horizontal riser storage. The FELS will be constructing oil company Petrobras for eight 3000kW azimuth three DSS 38 rigs including The contract with Scorpion a period of six years. thrusters configuration are two units for Queiroz Galvao, is subject to the fulfillment designed to keep the vessel three DSS 21 rigs for Maersk of certain conditions by mid The DSS 38 is rated to drill in position. All configurations Contractors and one DSS July 2008. It is valued at to depths of 30,000 feet comply with the American 51 rig for Transocean. US$405 million. The amount below mud line in just over Bureau of Shipping Dynamic Designed by Keppel O&M’s excludes owner-supplied 9,000 feet water depth. With Positioned System (DPS-2) Deepwater Technology drilling and subsea operational displacement requirements. Group and Marine Structures equipment. of approximately 38,000 Consultants of the tonnes, the DSS 38 has Explaining Keppel’s leading Netherlands, the first DSS Upon its completion in the housing facilities for a crew edge with its own proprietary series semisubmersible, fourth quarter of 2011, this of up to 130 men. designs, Mr Michael Chia, Maersk Explorer, began
operations in 2003. keppelite
Printed on recycle paper Printed on recycle
Keppelite I July 2008