OFFSHOREMARINE A newsletter of Keppel Offshore & Marine

3Q Issue 2017 MCI (P) 112/05/2017

LANDMARK SUBSEA CONSTRUCTION VESSEL DELIVERED CONTENTS

Major FPSO conversion project for 6 SBM Offshore Exploring regional LNG solutions 7 LNG bunkering milestone 9 BrasFELS delivers fifth FPSO project 10 for MODEC Landmark SCV for the Caspian region 11 Top at WSH Awards 2017 12 Centrespread 18 Industry and stakeholder engagement 18 Emergency preparedness 21 Developing future leaders 23 Caring for our communities 30

CENTRESPREAD Rewarding innovation 16-17

Keppel’s BrasFELS shipyard in Brazil delivered the Cidade de Campos dos Goytacazes MV29, its fifth Floating Production Storage and Offloading (FPSO) vessel to MODEC Offshore Production Systems (Singapore) safely, on time and within budget.

EDITORIAL BOARD EDITORIAL ADVISOR Chris Ong

EDITOR Ang Ting Yang

ASSISTANT EDITOR Roy Tan

COMMITTEE MEMBERS Michael Chia, Chor How Jat, Abu Bakar Mohd Nor, Dr Foo Kok Seng, Aziz Merchant, Hoo Yao Lin, Hayley Teo, Priscilla Chong, Alan I. Claveria, Jayne Yeo, Li Gang, Lee Wan Jun, Linda Mercado, Brian Lee

OffshoreMarine is a quarterly publication of Keppel Offshore & Marine Ltd 50 Gul Road, Singapore 629351 Tel: +65 6863 7200 Fax: +65 6261 7719 / 6265 1927

Company registration no. 199900642R

Keppel Offshore & Marine is a subsidiary of Keppel Corporation

2 OffshoreMarine 3Q Issue 2017 New opportunities underpinned by robust operations Keppel Offshore & Marine (Keppel O&M) has maintained a resilient performance in 9M 2017 amidst a challenging external environment while securing a creditable level of orders from existing and new markets. OffshoreMarine reproduces extracts of the speech by Mr Loh Chin Hua, CEO of Keppel Corporation and Chairman of Keppel O&M at the Company’s 3Q & 9M 2017 results webcast.

It has been an active quarter for utilisation rates and a large supply profit, supplemented by the Keppel Group as we worked overhang in the jackup market, contribution from associates, was hard to both deliver our projects, it will take time before we can just able to cover financing costs and hunt as a pack for growth expect to see orders for newbuild for working capital, which enabled opportunities, leveraging our jackups. In the meantime, Keppel the company to break even. competencies and track record as a continues to seek opportunities solutions provider for sustainable in other markets, including Keppel O&M’s headcount now urbanisation. production assets, Jones Act stands at about 16,000, compared vessels, as well as Liquefied Natural to more than 36,000 at the start There appears to be growing Gas (LNG)-related solutions. of 2015. Keppel O&M will continue optimism on a nascent recovery its efforts to optimise operations in the offshore market, fuelled Despite a much reduced top line, and manage costs tightly even by the momentum in mergers Keppel Offshore and Marine as it builds new capabilities and and acquisitions, as well as recent (Keppel O&M) achieved an expands into new markets. secondary rig transactions. operating profit of $39 million However, with continuing low in 9M 2017. The operating Continues on page 4...

A world leader in FPSO conversions, Keppel Shipyard has secured three FPSO conversion projects in 3Q 2017

OffshoreMarine 3Q Issue 2017 3 Continued from page 3.

Keppel O&M has secured contracts of slightly more than Offshore & Marine $1 billion year to date, including . Net orderbooki 7 major deliveries in 9M 2017 namely LNG containerships and carriers, 4 FPSOs, a semi, a subsea dredgers as well as Floating S$3.9b as at end-Sep 2017 construction vessel and a crane vessel Production Storage and Offloading . 1 jackup deferral in 3Q 2017 3.9 3.7 0.2 (FPSO) vessel conversions. 0.1 . Gaining traction in new markets 0.1 0.7 . Contracted to build 2 Jones Act The latest FPSO conversion of a 2.3 LNG containerships for Pasha

S$b 2.1 Very Large Crude Carrier clinched . Delivery of Hilli Episeyo 0.2 by Keppel Shipyard is our 25th 0.2 1.0 . FueLNG completed first commercial 0.7 major project from long-standing 0 LNG bunkering End-2016 EndEnd-Sep-Sep 2017 customer, SBM Offshore. Upon Newbuild jackups Newbuild semis . Exploring small-scale LNG completion, the FPSO will be FPSOs/FLNGs Specialised vessels solutions for Indonesia with Pavilion Othersii Energy and PLN deployed to the Liza field, located i Excludes semis for Sete ii Includes modification, upgrading, fabrication and rig repairs offshore Guyana. 9

As at 30 September 2017, Keppel O&M’s net orderbook was $3.9 billion, compared to $3.4 billion at the end of the last quarter, excluding the projects for Sete Brasil. In 9M 2017, Keppel AmFELS, a wholly-owned In another milestone for us, Keppel O&M delivered seven major subsidiary in the United States, is FueLNG, our joint venture with projects, namely four FPSOs, a ideally located and well-equipped Shell, has achieved the first semi, a subsea construction vessel to build a wide variety of vessels commercial LNG bunker transfer in and a crane vessel. for the Jones Act market. It Singapore by completing truck-to- recently secured a contract worth ship bunkering for Hilli Episeyo. In this quarter, we reached an more than US$400 million from agreement with TS Offshore to Honolulu-based Pasha Hawaii Keppel O&M has also entered defer the delivery of its jackup for the construction of two LNG- into a Heads of Agreement with from 2017 to 2019. We will fueled containerships to be built to Pavilion Energy and Indonesia’s continue to engage our customers our proprietary design. We expect state-owned PT Perusahaan Listrik to seek win-win outcomes. to deliver the two vessels in 2020. Negara to explore opportunities in the development of small-scale On a separate note, we are In October, we also witnessed the LNG distribution in West Indonesia. heartened by the traction we have delivery of the Hilli Episeyo, the made in new markets. world’s first FLNG vessel conversion that we completed in partnership With about 30 years of experience with Golar LNG. We are pleased to in the LNG space, Keppel has have provided Golar with a game- developed cost effective, changing solution that is not only end-to-end solutions for every significantly more cost effective stage of the gas value chain. but also much faster to market.

4 OffshoreMarine 3Q Issue 2017 IN CONVERSATION OffshoreMarine presents highlights of Keppel Corporation’s 3Q & 9M 2017 results webcast Question & Answer session with the media and investment community.

Q: Will Keppel Capital consider stepping in to fill project financing needs of your potential Offshore & Marine (O&M) customers? LCH: Currently, Keppel Capital has not stepped in but we are looking at opportunities as there are investors that are keen to look into this sector.

CT: Keppel Capital is always looking to maximise investment returns for our investors. There has been interest in various sectors including O&M and Infrastructure. Keppel management answering questions at the company’s 3Q & 9M 2017 results We will always explore various opportunities with Keppel O&M Q: Will you consider selling Brasil remain legally valid but and will work hand-in-hand the deferred jackup rigs in the we are faced with the fact that with them to look into building secondary market? Have there Sete Brasil is undergoing financial interesting opportunities for our been any active resale enquiries by restructuring. We have developed investor base. potential customers? plans based on the various CO: Our rig contracts are still intact scenarios. Of course, we would LCH – Mr Loh Chin Hua, and we are working closely with like to see Sete Brasil continue CEO of Keppel Corporation our customers to find win-win with its contracts but we recognise CO – Mr Chris Ong, solutions, just as we did with the that this may not happen and CEO of Keppel Offshore & Marine Transocean and Borr Drilling deal. took a provision two years ago. CT – Ms Christina Tan, At this moment, we will press The provision is evaluated every CEO of Keppel Capital on to complete our contractual quarter and at this point in time, obligations. we believe that they remain adequate. Q: Assuming Sete Brasil is unable to make payment within the That said, we are working very next few years, what are your closely with Sete Brasil and its contingency plans for your other stakeholders to try and see projects with them? Would you how we can resolve this situation. consider reselling the rigs? We are looking at different options, LCH: Our contracts with Sete including reselling the rigs.

OffshoreMarine 3Q Issue 2017 5 Major FPSO conversion project for SBM Offshore

Keppel Shipyard has secured its 25th FPSO conversion project from long-standing customer SBM Offshore. It previously delivered the FPSO Turitella (pictured) to SBM Offshore

Keppel Shipyard, a wholly-owned works, such as the upgrading of “Over the years we have subsidiary of Keppel Offshore & living quarters, fabrication and established a base of strong Marine (Keppel O&M), announced installation of spread mooring customers, including SBM on 5 October 2017 it secured systems, as well as the installation Offshore, who choose us for our a Floating Production Storage and integration of topside proven track record and value-add and Offloading vessel (FPSO) modules. in the conversion, upgrading and conversion contract from repair of vessels.” long-standing customer, SBM Mr Chor How Jat, Managing Offshore N.V. (SBM Offshore). Director (Conversions & Repairs), The converted FPSO will have a Keppel O&M and Managing storage capacity of 1.6 million The contract is for the conversion Director, Keppel Shipyard, said, barrels of crude oil and is capable of a Very Large Crude Carrier “We are pleased to undertake the of producing up to 120,000 barrels (VLCC) into an FPSO, which upon conversion of this FPSO, which of oil per day. The vessel will have completion, will be deployed is our 25th major project from a gas treatment capacity of circa to the Liza field, located SBM Offshore. It is testament 170 million standard cubic feet per approximately 193km offshore to Keppel’s expertise in FPSO day and a water injection capacity Guyana in the Stabroek block. conversions and the strong of circa 200,000 barrels of water partnership we have developed per day. The shipyard’s work scope includes with SBM Offshore since Keppel refurbishment and life extension Shipyard’s first delivery in 1981.”

6 OffshoreMarine 3Q Issue 2017 Exploring regional LNG solutions

As part its gas strategy, Keppel Singapore governments regarding onshore LNG terminals using small Offshore & Marine (Keppel bilateral energy cooperation LNG carriers, where it is regasified O&M) entered into a Heads of during the Singapore-Indonesia and used to generate electricity at Agreement (HOA) with Pavilion Leaders’ Retreat held in Semarang PLN’s power plants. Energy and Indonesia state-owned last year. A joint feasibility study PT Perusahaan Listrik Negara was subsequently carried out, Mr Chris Ong, CEO of Keppel O&M, (PLN) to explore opportunities which demonstrated the cost said, “Keppel has almost 30 years in the development of small- savings and mutual benefits that of experience in the LNG space. scale Liquefied Natural Gas (LNG) can arise from collaboration in the With a comprehensive suite of distribution in West Indonesia. small-scale LNG value chain. solutions for every stage of the gas value chain, including the The signing of the agreement took The HOA intends to leverage on world’s first Floating Liquefaction place at the Singapore-Indonesia the combined expertise of the Vessel (FLNGV) conversion and Leaders’ Retreat in Singapore on companies in the small-scale LNG the world’s first Floating Storage 7 September 2017. value chain to distribute LNG in and Regasification Unit (FSRU) an economic manner to remote conversion, we are able to provide The HOA follows the discussion areas in West Indonesia. LNG cost effective, end-to-end solutions between the Indonesia and can be delivered to floating and for our customers.”

At the signing of the Heads of Agreement on small-scale LNG collaboration at the Istana were representatives from Keppel O&M, Pavilion Energy and PT Perusahaan Listrik Negara (PLN), including Mr Chris Ong (third from left), CEO of Keppel O&M; Mr Amir Rosidin (fourth from left), Director of PLN, Mr Seah Moon Ming (fifth from left), CEO of Pavilion Energy and Pavilion Gas and Mr Abu Bakar (second from right), MD (Gas & Specialised Vessels), Keppel O&M

OffshoreMarine 3Q Issue 2017 7 Delivery of Hilli Episeyo

FIRST FLNGV TO START of the hull to house the topside Upon closing, which is expected to PRODUCTION IN AFRICA equipment comprising of pre- occur by end-April 2018, KSI, Golar Keppel Shipyard has delivered the treatment systems, four PRICO® and B&V will sell an aggregate 50% world’s first converted Floating single mixed refrigerant of the common units in Golar Hilli Liquefaction Vessel (FLNGV), liquefaction trains, boil-off gas LLC, comprising 44.55% (Golar), Hilli Episeyo, to Golar LNG Partners compression and offloading 5% (KSI) and 0.45% (B&V), to a (Golar) under 40 months and with equipment. The vessel is designed subsidiary of the partnership. a commendable safety record of for a liquefaction capacity of about over 19 million man-hours without 2.4 million tonnes of LNG per annum. Prior to the sale, Keppel had a 10% any lost-time incidents. stake in Golar Hilli LLC. After the SALE OF INTEREST IN sale of interest, Keppel’s effective The yard commemorated the HILLI EPISEYO stake in Golar Hilli LLC will be 5% vessel’s sailaway on 12 October On 15 August 2017, KS Investments of the common units. 2017. Hilli Episeyo will be (KSI), a subsidiary of Keppel deployed to offshore Kribi, Offshore & Marine, entered into a Keppel will also retain its stake Cameroon for Societe Nationale sale and purchase agreement with of 10% in Series A units which des Hydrocarbures and Perenco Golar and Black & Veatch (B&V) relates to the cash flows associated Cameroon SA. The vessel is set to to sell an equity interest in Golar with oil price linked elements of arrive in Cameroon by Hilli LLC to a subsidiary of Golar the tolling fee negotiated in the mid-November 2017, making her for US$658 million, less net lease liquefaction tolling agreement and the first FLNGV to start production obligations. 10% of Series B units which relates in Africa. to the cash flows associated with The sale is in conjunction with any future expansion of contracted Hilli Episeyo was converted from a Golar’s master limited partnership capacity beyond the present 50% 1975 built Moss LNG carrier with a structure for the partnership to of the Hilli. storage capacity of 125,000 m3. acquire an equity interest in Sponsons were added on both sides Hilli Episeyo.

Keppel Shipyard delivered the world’s first converted FLNGV, Hilli Episeyo, to the satisfaction of Golar LNG

8 OffshoreMarine 3Q Issue 2017 LNG bunkering milestone

FueLNG, a joint venture between the facilitation of Singapore LNG’s bunkering services for two Keppel Offshore & Marine and successful gas-up/cool-down and dual-fuel LNG harbour tugs. Shell Eastern Petroleum (Pte) reload operation at its Jurong Ltd (Shell), has achieved the first Island terminal of the Cardissa, The contracts will commence in commercial Liquefied Natural Shell’s LNG bunker vessel, 2018 when construction of Gas (LNG) bunker transfer in in June 2017. the tugs is completed. Singapore by completing truck- to-ship bunkering for the floating Mr Michael Chia, Chairman of Global industry players are liquefaction vessel, Hilli Episeyo. FueLNG, said, “This is an exciting poised to pursue greener and milestone for FueLNG as we more sustainable solutions The LNG bunker transfer, which establish ourselves as a safe, with the implementation of was carried out in batches from cost-efficient and reliable LNG environmental regulations such 22 July to 23 September 2017, was bunker supplier. The development as the International Maritime conducted in accordance with of proven LNG bunkering Organisation’s (IMO) new 0.5% the Singapore Chemical Industry infrastructure will give confidence global sulphur cap on fuel content Council Technical Reference 56 for to the industry that LNG can be effective from 1 January 2020. LNG Bunkering, which provides widely adopted as a marine fuel a safe, efficient and sustainable and is sustainable for the According to DNV GL, the use of technical framework for LNG long-term.” LNG completely removes SOx and bunkering operations. particulates, and reduces NOx and FueLNG has also secured contracts carbon dioxide emissions by This marks the first LNG trucking from Keppel Smit Towage and 85 percent and at least 20 percent operation for FueLNG following Maju Maritime to provide LNG respectively.

FueLNG, a joint venture between Keppel O&M and Shell, achieved the first commercial LNG bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) vessel, Hilli Episeyo (in background)

OffshoreMarine 3Q Issue 2017 9 BrasFELS delivers fifth FPSO project for MODEC Cidade de Campos dos Goytacazes MV29 is also BrasFELS’ 9th FPSO project for Brazil.

Keppel Offshore & Marine (Keppel O&M) announced on 29 September 2017 that its wholly owned subsidiary Keppel FELS Brasil’s BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a Floating Production Storage and Offloading (FPSO) vessel, to repeat customer MODEC Offshore Production Systems (Singapore) Pte. Ltd., an EPCI arm of the MODEC, Inc. group (MODEC).

The FPSO was completed safely, on time and within budget, and departed the shipyard recently for the Bananal Bay in Brazil. It will subsequently be deployed in the The conversion of the FPSO, Cidade de Campos dos Goytacazes MV29, is BrasFELS’ ninth such Tartaruga Verde and Tartaruga project for Brazil Mestiça Fields, in the Campos Basin, off the coast of Rio de our commitment and reliability in Systems (Singapore), said, “The Janeiro, Brazil. supporting the country’s oil and FPSO Cidade de Campos dos gas industry.” Goytacazes MV29 project bears Mr Kwok Kai Choong, then-CEO testament to MODEC’s and and President of Keppel FELS BrasFELS’ workscope for the FPSO BrasFELS’ shared commitment for Brasil, said, “This is BrasFELS’ fifth Cidade de Campos dos Goytacazes safe, on time and high quality successful collaboration with our MV29 included the fabrication of execution. Over the years, we long-standing customer MODEC nine topside production modules have chosen BrasFELS as our and we are proud to again deliver as well as integration works. The choice shipyard in Brazil because to their satisfaction. We would FPSO has a production capacity of their reliability, cost-efficiency like to express our appreciation of 150,000 barrels of oil per day and capability to meet our needs. to MODEC for their trust and (bopd) and five million cubic MODEC is steadfast in supporting confidence in our commitment metres of gas per day, and a the development and growth and capabilities as well as for the storage capacity of 1.6 million of Brazil’s significant oil and gas strong teamwork throughout the barrels of oil. industry, and we are glad to duration of the project. This is have a good partner in the also BrasFELS’ 9th FPSO project Mr Sateesh Dev, President & CEO Keppel Group to support us on for Brazil and it demonstrates of MODEC Offshore Production this journey.”

10 OffshoreMarine 3Q Issue 2017 Landmark SCV for the Caspian region

Baku Shipyard, a joint venture by the President of Azerbaijan, was specifically designed and between Keppel Offshore & H.E. Ilham Aliyev, at a ceremony built to install the biggest subsea Marine (Keppel O&M), State in Baku Shipyard on 7 September production system in the Caspian Oil Company of Azerbaijan 2017 and launched by the Shah Sea as part of the Shah Deniz Republic (SOCAR) and Azerbaijan Deniz consortium. Stage 2 project. Investment Company (AIC), has completed the first Subsea Khankendi will be deployed to Mr Abu Bakar Bin Mohd Nor, Construction Vessel (SCV) for the the Shah Deniz field where it MD (Gas & Specialised Vessels), Caspian region. is expected to perform subsea Keppel O&M, said, “We are installation and construction work proud to have designed and built The vessel was named Khankendi over the next 11 years. The SCV this highly sophisticated SCV for the Shah Deniz consortium, the first such vessel to be built in the Caspian region. It is a demonstration of how Keppel O&M harnesses synergies across its global network of yards through Keppel Singmarine, Baku Shipyard and Marine Technology Development (MTD) to deliver innovative solutions for Azerbaijan, which is a land-locked country.”

Khankendi was built to the design of MTD, the ship design and development arm of Keppel O&M, Designed by Keppel O&M and built by Baku Shipyard, the state-of-the-art subsea construction while Keppel Singmarine had built vessel, Khankendi, will install the biggest subsea production system in the Caspian Sea the vessel’s hull as two longitudinal strips to enable safe transportation through the narrow Volga-Don Canal to Baku Shipyard, where the vessel was completed.

The vessel is equipped with dynamic positioning to allow working in 3.5 metre significant wave height, a 900 tonne main crane capable of placing 750 tonne subsea structures down to 600 metres below sea level, an 18-man two-bell diving system, two work-class ROVs and a strengthened moon pool.

H.E. Ilham Aliyev (right), President of Azerbaijan, congratulating Mr Lam Khee Chong (left), General Manager, Baku Shipyard, on the completion of the Khankendi

OffshoreMarine 3Q Issue 2017 11 Top at WSH Awards 2017

Keppel O&M produced an outstanding safety performance, clinching 32 awards at this year’s Workplace Safety and Health (WSH) Awards

Keppel Group has clinched 36 bolt and nut in place during the Superintendent at Keppel FELS, awards at this year’s Workplace tightening and dismantling of received the Supervisor Award Safety and Health (WSH) Awards flanged pipe connections. for his exemplary performance held on 25 July 2017, which was in ensuring a safe working organised by the Workplace Safety In addition, Mr Saravanan environment for workers under and Health Council (WSHC) and Marimuthu, Senior Welding his charge. Ministry of Manpower (MOM), Singapore. This is the highest WSH SHARP AWARDS number of awards won by a single Keppel FELS B362 FLOATEL TRIUMPH B364 SAGA organisation this year. B365 SKALD B366 TIVAR B369 ENSCO 123 Keppel Offshore & Marine (Keppel B370 TS JASPER B371 FECON 1 O&M) clinched 32 of the Group’s B372 FECON 2 B373 FECON 3 36 awards. 28 awards were under B378 Hakuryu-15 the Safety and Health Award M1179 M1222 Recognition for Projects (SHARP) M1286 category for good project safety R411 OCEAN GREAT WHITE Keppel Shipyard Armada LNG Mediterrana and health management systems Armada Olombendo FPSO while Keppel FELS and Keppel Armada Olombendo FPSO Modules Armada Olombendo FPSO Turret Singmarine clinched the WSH BW Catcher FPSO Armada Kraken Performance (Silver) Awards for FPSO John Agyekum Kufuor exemplary safety performances Golar Hilli FLNG Golar Hilli Land Fabrication and implementation of strong Karapan Armada Sterling III FPSO WSH management systems. Marsya PLV Castorone Keppel Singmarine DLV 2000 Keppel FELS received the MPV Everest innovation award for the Handy WSH PERFORMANCE (SILVER AWARDS) Bolt and Nut Tightener, which Keppel FELS improved work productivity and Keppel Singmarine reduced the risk of finger injuries. WSH INNOVATION AWARD Its spring lock mechanism can be Keppel FELS Handy Bolt Nut Tightener adjusted to fit bolts and nuts of WSH AWARDS FOR SUPERVISORS different sizes, and its neodymium Keppel FELS Saravanan Marimuthu alloy magnets firmly secure the

12 OffshoreMarine 3Q Issue 2017 New appointments

Leadership renewal is an essential This follows the retirement of 2017 after 20 years of dedicated part in the operations of Keppel Mr Kwok Kai Choong, formerly service to Keppel O&M. Mr Yee Offshore & Marine (Keppel O&M). President and CEO, Keppel FELS Kim Foh Alex was appointed As part of succession planning, Brasil, after 36 years of dedicated as CEO of Caspian Shipyard several positions within service to Keppel O&M and Company on 15 October 2017. Keppel O&M have seen new Keppel FELS. He will continue his concurrent appointments. appointment as General Manager Mr Hermanto Effendy, formerly and Country Head of Finance Mr Marlin Khiew, formerly President-Designate, Estaleiro (Azerbaijan), FELS Baku. President, Estaleiro BrasFELS, was BrasFELS, was appointed as appointed as President and CEO of President, Estaleiro BrasFELS, In addition, Mr Tan Geok Seng, Keppel FELS Brasil on 5 November as of 15 October 2017. GM (Special Projects), Keppel O&M, 2017. He was also concurrently has taken over as CEO, Nakilat- appointed as General Manager Mr Lau Kuat Pin, CEO of Caspian Keppel O&M, with effect from (Marketing), Keppel FELS. Shipyard, retired on 15 October 15 September 2017.

Promoting safety excellence

As part of continual efforts to improve the safety of its people, operations and environment, Keppel FELS held its annual month-long HSE Excellence Promotion Campaign from 25 July 2017 to 31 August 2017.

The interactive campaign involved safety poster competitions and games with workers to highlight the importance of a safety mind Mr Chris Ong (third from left), CEO of Keppel O&M, and representatives from the Keppel set. Interactive games were Subcontractors Executive Committee and Keppel FELS Employees Union launching the annual conducted at the workers’ canteen Keppel FELS HSE excellence promotion campaign during lunch hour to drive home the key message and slogan of importance of taking personal of various safety competitions the campaign, “Safety in Mind, responsibility for safety. organised as part of the month- Responsibility is Mine.” long HSE excellence promotion At the closing ceremony on campaign, marking yet another In addition, safety briefings were 31 August 2017, Mr Chris Ong, milestone in Keppel FELS’ journey conducted at the Acacia and CEO of Keppel Offshore & Marine, in promoting a strong safety Cassia dormitories to reinforce the presented awards to winners culture.

OffshoreMarine 3Q Issue 2017 13 Sailaway success for MTC Ledang

Keppel Shipyard held a sailaway chemistry, coupled with the ceremony for Floating Production expertise of both companies in Storage and Offloading (FPSO) FPSO projects, enabled the fast- MTC Ledang on 8 September track execution of this project.” 2017 to celebrate the fast-track completion of the project. To ensure the smooth completion of the project, Keppel Shipyard The vessel, which was completed and MTC Engineering partnered safely in less than 5 months, will closely together on all aspects, be chartered by Ophir Production including the fabrication of a and deployed to the Ophir field, flare tower and foundation; the offshore Trengganu, Malaysia. lifting and integration of a crude stabilisation unit, as well as other Mr Albert Kee, ED (Operations), refurbishment and life extension Keppel Shipyard shared, “This is works. our first partnership with MTC Engineering. However, our good FPSO MTC Ledang was completed safely, in less than five months, for Keppel Shipyard’s new client, MTC Engineering

Laying solid foundation

Keppel Singmarine has advanced laying for two Trailing Suction China. This follows the strike steel its efforts in the non-oil and gas Hopper Dredgers on 14 July 2017 ceremony that was held in March sector with the successful keel at Keppel Nantong Shipyard in this year.

Built for long-standing customer, the Jan De Nul Group, the two dredgers are expected to be completed in 2H 2018. Mainly used for dredging loose and soft soils such as sand, gravel, silt or clay, these dredgers will be able to dredge to a maximum depth of 27.6m and have a hopper capacity of 3,500m3.

The keel laying ceremony was attended by representatives from Keppel Singmarine, Jan De Nul

Keppel Singmarine is advancing its efforts in the non-oil and gas sector with the successful keel Group, as well as classification laying for two Trailing Suction Hopper Dredgers society, Bureau Veritas.

14 OffshoreMarine 3Q Issue 2017 Industry outreach

As a market leader, Keppel While new orders for rigs are and technologies to develop a suite Offshore & Marine (Keppel unlikely to return quickly because of solutions across the gas value O&M) contributes to the growth of the significant oversupply, chain as well as in renewables. of the industry by supporting rigs with high specifications and and participating in major trade environmentally-friendly features Held in Oslo on 13 and 14th conferences and conventions. will be preferred. September, it is the largest oil and offshore investor conference PARETO SECURITIES’ OIL & Keppel Offshore & Marine (Keppel in Europe. Keppel O&M has OFFSHORE CONFERENCE O&M) is well-placed to capture been presenting at the annual With rig utilisation rising and opportunities as the market conference since 2009. It provides the shift in focus of Exploration recovers as well as in other niche a platform for the company’s and Production companies from market segments said its CEO, management to network with cost reductions towards growth Mr Chris Ong, during the customers, investors, partners, and opportunities, the general company’s presentation at gain insights into the latest trends consensus during the 24th the conference. In addition to and developments. Pareto Securities’ Oil & Offshore providing solutions in offshore rigs conference is that the downturn and production vessels, Keppel FPSO WORLD CONGRESS has bottomed out. O&M has leveraged its expertise Keppel Shipyard participated in the 18th FPSO World Congress held on 26 and 27 September 2017. Themed, ‘Light at the end of the tunnel: Practical strategies in preparation for market recovery’, the congress served as a platform for industry experts to share insights on uncovering new opportunities as the Floating Production Storage and Offloading market recovers.

LATIN ASIA BUSINESS FORUM Separately, Keppel O&M once

Mr Chris Ong, CEO of Keppel O&M, catching up with customers and partners after his presentation again sponsored the biennial at the 24th Pareto Securities’ Oil & Offshore conference Latin Asia Business Forum held on 29 September 2017. Attended by over 300 delegates comprising foreign ministers, ambassadors, state government officials and various industry leaders, the forum examined how Latin America and the Caribbean, as well as Asia, can develop new growth strategies to mitigate the volatile landscape in light of challenges facing the global economy. During the Latin Asia Business Forum held on 29 September 2017, the Keppel O&M delegate renewed ties with partners and customers

OffshoreMarine 3Q Issue 2017 15 CENTRESPREAD

Rewarding innovation

Senior management from Keppel Offshore & Marine with the award winners

Innovation and technology have been an integral part in the growth of Keppel Offshore & RIGCARE™ proprietary solutions in near Marine (Keppel O&M) and the An enabler of the rig after- shore infrastructure, such as company is continuing to invest market business, RigCare™ is a floating desalination plants and in these areas to maximise its one-stop premium care solution aquaculture hubs. The project value proposition and provide for customers looking for digital won the Bronze award at the solutions for existing and new solutions to reduce operational 2017 Keppel O&M Innovation markets. costs. It leverages digitalisation Awards. and data insights to provide On 2 October 2017, Keppel O&M end-to-end solutions, including With coastal cities and held its fifth Innovation Awards asset management, remote populations growing rapidly and to recognise Keppelites who have advisory and rig performance the scarcity of land becoming developed innovative solutions optimisation. more severe, there is a growing that can make a significant demand for near shore and difference to the company and With this new service, Keppel floating infrastructure to industry. O&M is able to offer reliable accommodate the possible solutions throughout the rig’s expansion of cities into the sea. In his opening address, Mr lifecycle, from the rig design, Chris Ong, CEO of Keppel O&M, engineering and construction, to said, “As the whole offshore its operation and maintenance. and marine industry, including Keppel O&M, goes through a NEAR SHORE INFRASTRUCTURE transformational phase, we have PROJECTS the rare opportunity of shaping In order to repurpose Keppel the future for the company O&M’s offshore technology, and our industry. the project team from Keppel O&M Technology Centre “In today’s industry slowdown, (KOMtech) has developed and the increasingly competitive

16 OffshoreMarine 3Q Issue 2017 CENTRESPREAD

business environment, the push This year’s awards saw building for customer Pasha to innovate is more critical than participation from 59 teams across Hawaii. ever. It is not business as usual Keppel O&M’s subsidiaries. A total for us and we must take this of 5 Bronze, 4 Silver, and 2 Gold All winning teams have agreed opportunity to see how we can awards were presented during the to contribute 10% of their provide new, better and more awards ceremony. cash prize to the bursary funds advanced solutions for the market. of Shipbuilding and Marine At the same time, we need to Winning the Gold awards were Engineering Employees’ Union explore entering new markets RigCare™, a joint project by (SMEEU), Keppel Employees Union and servicing new customers by Keppel FELS and Keppel (KEU) and Keppel FELS Employees leveraging our expertise and Offshore & Marine Union (KFEU), which provide experience. Innovation is not Technology Centre, as well as assistance to children of unionised confined to product innovation but the dual-fuel LNG containerships Keppel O&M employees. should also include services.” that Keppel AmFELS will be

List of top awards

PROJECT NAME BUSINESS UNIT AWARD RigCare™ Keppel FELS Ltd Gold Keppel Offshore & Marine Technology Centre Keppel’s First GreenMax 2525 Keppel AmFELS Gold Containership for Jones Act Market Keppel Offshore & Marine USA Marine Technology Development Keppel Offshore & Marine Technology Centre Harsh Environment Drilling Semi- Keppel FELS Silver Submersible DSS™ 51 HE series Deepwater Technology Group Ice Class Multipurpose Vessel Keppel Singmarine Silver (MTD 130MPV-IC) Marine Technology Development OTD H1500 Hydraulic Jacking System Offshore Technology Development Silver OTD Jacking Pinion NDT (Non-Intrusive) Offshore Technology Development Silver Near Shore Infrastructure Projects Deepwater Technology Group Bronze Keppel Offshore & Marine Technology Centre Self-Installing Platform (SIP) Offshore Technology Development Bronze Keppel Offshore & Marine Technology Centre Quick Installation of Upper Riser Balcony Estaleiro BrasFELS Bronze Blasting TSD Keppel Shipyard Bronze Gantry Robot System – An Intelligent Keppel FELS Bronze and Flexible Solution for Panel Welding Keppel Offshore & Marine Technology Centre in Micro Panel Line

OffshoreMarine 3Q Issue 2017 17 Industry and stakeholder engagement

Dr Koh Poh Koon (sixth from left), Senior Minister of State for Trade and Industry and National Development, toured Keppel O&M’s facilities together with management from Keppel, including Mr Chris Ong (fifth from left), CEO of Keppel O&M, Mr Abu Bakar (fourth from left), MD (Gas & Specialised Vessels), Keppel O&M, and Mr Chor How Jat (seventh from left), MD (Conversions & Repairs), Keppel O&M

Keppel O&M regularly hosts visits collaboration for the Ministry offshore and marine sector, across its yards worldwide to of Trade and Industry’s Industry to address issues and deepen share, update and discuss on the Transformation Programme. partnerships between the latest trends with industry government, firms, industries, partners and customers. In Led by Mr Chris Ong, CEO trade associations and September 2017, it welcomed a of Keppel O&M, the parties chambers. visit from the Ministry of Trade engaged in a robust discussion and Industry to its Singapore on opportunities in the market, SHELL CALLS ON BRASFELS yard and a Shell delegation to its such as gas solutions, next On 12 September 2017, BrasFELS Brazilian yard. generation rigs, renewables and hosted a Shell delegation led by infrastructure-related projects. Jessica Uhl, Chief Financial Officer DISCUSSING TRANSFORMATION of Royal Dutch Shell, Roberto On 18 September 2017, Keppel Delegates also exchanged views Setubanl, who will join Royal Dutch Offshore & Marine (Keppel on transformational factors Shell’s Board this year, and O&M) hosted Dr Koh Poh Koon, in the offshore and marine Andre Araujo, Country Head of Senior Minister of State for sector, including digitalisation, Shell Brazil. Trade and Industry and National automation and 3D printing. Development, together with The delegation was warmly members of the Future Economy As part of the Industry welcomed by BrasFELS’ then- Council (FEC) manufacturing Transformation Programme, President Marlin Khiew and sub-committee, in a meeting roadmaps will be developed for then-President-Designate to discuss opportunities for 23 industries, including the Herman Effendy.

18 OffshoreMarine 3Q Issue 2017 Following a corporate presentation, the delegation toured the shipyard and floating production storage and offloading (FPSO) unit P-69, which is owned by a consortium comprising Petrobras, BG E&P Brasil – a subsidiary of Royal Dutch Shell plc, and Petrogal Brasil.

BrasFELS hosted a Shell delegation led by Jessica Uhl (8th from right), CFO of Royal Dutch Shell, and Roberto Setubal (6th from right), who will join Royal Dutch Shell’s Board this year

Celebrating safety at BrasFELS

BrasFELS celebrated Brazil’s Reis joined the shipyard in the evolve, so that we can remain Independence Day on 6 September celebration. relevant to the industry. For with the presentation of safety BrasFELS to remain viable, we must awards. The awards were for Addressing the employees, Marlin remain committed to excellence, employees who performed Khiew, then-President of BrasFELS, and be able to execute more exceptionally in two categories – said, “BrasFELS has certainly come efficiently and cost-effectively. Operations and Leader. Receiving a long way from our humble I urge all of you to continue to the Operation Awards for safety beginnings in 2000. Over the years, work with each other and our were Mr Vinicius Souza of we have achieved many milestone external stakeholders to ensure Transport department, Mr Johnny projects for Brazil. However, we that we remain an attractive Costa de Araújo of Painting section must not be complacent. We must workforce and shipyard”. and Mr Reinaldo Caetano da continue to stretch ourselves and Silva of the Structure Board. As for the Leader Award, it went to Mr Gabriel Telles Guimarães of Maintenance.

Petrobras and MODEC representatives as well as members of the community such as Cornelis Verolme Scouts Group, the Nazira Salomão School Band, and Commander Lieutenant Pedro Hugo Fernandes Teixeira from BrasFELS presented Safety Awards to four employees for their exemplary safety performance and the Porth Authority of Angra dos efforts

OffshoreMarine 3Q Issue 2017 19 Sharing best practices

Organised every three years by the International Labour Organisation, the World Congress on Safety and Health at Work held in South-East Asia for the first time from 3-6 September 2017 provided a platform for the exchange of knowledge, strategic and practical ideas that promote safety and health at work. As part of the World Congress on Safety and Health at Work 2017, Keppel O&M shared safety best practices such as the training of its workers at the Keppel Safety Training Centre Taking the motto ‘A Global Vision of Prevention’, the 21st centred prevention underlines practices such as High Impact Risk edition of the Congress focused the importance of issues such as Activities (HIRA) training, and on three main topics: Vision demographic change, gender, visit facilities such as the Keppel Zero – from vision to reality and education in building more Wellness Gallery. calls for the establishment of inclusive workplaces. a prevention culture at every The Congress ended up on a high level of every organisation; As part of the congress, Keppel with Singapore handing over the Healthy work – healthy life Offshore & Marine (Keppel O&M) baton to Canada, who will host the highlights the importance of an hosted a delegation from the XXII World Congress on Safety and integrated approach to workers’ Workplace Safety and Health Health at Work in 2020. safety and health; and People- Council to share safety best

Innovation showcase

In August 2017, Keppel Offshore Organised by the Info- and showcased solutions that & Marine leveraged different communications Media reinforced the company’s position platforms to showcase innovations Development Authority of as an environmentally responsible that enables the company to Singapore, the session highlighted contractor with in-depth capture opportunities in deep sea the potential of tapping synergies knowledge of deep sea mining. mining and supercomputing. between Keppel’s business units to deliver solutions in emerging fields OMS is a subsidiary of Keppel On 25 August 2017, representatives such as floating green data centres. Corporation which leverages the from Keppel Offshore & Marine expertise of KOMtech and the Technology Centre (KOMtech) Separately, on 11 August 2017, Keppel-National University of and Keppel Data Centres briefed Ocean Mineral Singapore (OMS) Singapore Corporate Laboratory to Mr Teo Chee Hean, Deputy Prime hosted a satellite event as part explore opportunities in deep sea Minister of Singapore, and Mr of the International Seabed mining. Heng Swee Keat, Minister for Authority’s 23rd Annual Session. Finance, during a visit to the The event was attended by National Supercomputing Centre. more than 120 industry players

20 OffshoreMarine 3Q Issue 2017 Emergency preparedness

Run, Hide and Tell. That is the the Jurong West Neighbourhood Mr Julian Chee (Deputy response when under attack by Police Center (JW NPC). Assistant Commissioner), Deputy terrorists as advised by SGSecure, Commander, Jurong Police Singapore’s initiative to prepare the Mr Chris Ong, CEO of Keppel O&M Division added, “Joint exercises community against terror attacks. said, “The threat of terrorism is between businesses and the police real. It is vital for us to be prepared are important as it assesses the On 14 July 2017, Keppel Offshore & for an attack. I want to commend effectiveness of our co-ordination Marine (Keppel O&M) employees our security for being well-trained and responses to contingencies. were put to the test in a simulated in their responses. All of us also It has been a pleasure for Jurong exercise when a gunman barged need to play our part. These are Division to work with Keppel O&M into the shipyard. Keppel O&M’s survival skills that will serve us well yards for this exercise. We believe security personnel had to be anywhere and anytime. their employees have benefitted vigilant to activate the Singapore from the knowledge and skills Police Force and alert employees I would like to thank the Police for acquired from the SGSecure through the PA system of the their support in conducting this training.” imminent danger. exercise.”

Employees had to stay out of the line fire. They locked their offices, turned off the lights and ran to a safer spot to hide before calling for help with their mobile phones. The Police Emergency Response Team arrived within minutes and were appraised of the situation by Keppel O&M’s security officers. Through the yard’s CCTV cameras, they were able to track the gunman to the engineering department and neutralize him.

The exercise named “KOMSecure” was a jointly conducted by Keppel The Keppel O&M security team worked closely with the Jurong West Police in preparing for a O&M’s Security Department and terrorist attack on the yard

Keppel O&M’s security team collaborates with the Jurong West Neighbourhood Police Center for a successful terrorist simulation exercise

OffshoreMarine 3Q Issue 2017 21 Building bonds

To strengthen ties between Keppel Fadley Amin, Operations Manager management and its contractors, at Alpine Engineering Services and Keppel Shipyard Contractor Chairman of the CWG, said, “This Watch Group (CWG) organised is the third overseas engagement an overnight trip to Malacca that CWG has organised and it from 22 – 23 July 2017. Besides was a fantastic opportunity for touring historical sites in Malacca, both the contractors as well as Keppelites and contractors also fellow Keppelites, from ground bonded over sumptuous local food. staff to management, to get to know each other better. We A regular networking event which look forward to an even greater the CWG organises, the trip is partnership amongst the different part of a comprehensive work stakeholders.” plan which also includes safety ownership initiatives, work force management compliances and Keppel Shipyard bonded with its contractors process enhancement. over sumptuous local food during the overnight trip to Malacca from 22 – 23 July 2017

Championing workplace wellness

For its robust efforts towards periodic broadcasts to fitness to better productivity and building an active and healthy classes. enhanced performance at work. workforce, various business units We will continue to implement under Keppel Offshore & Marine Mr Aziz Merchant, Executive new initiatives to make healthy (Keppel O&M) bagged awards Director, KOMtech, shared, “At living options more accessible at at the Singapore HEALTH Award Keppel, we believe that an active the workplace.” Ceremony on 10 October 2017. and healthy workforce contributes

Keppel Offshore & Marine Technology Centre (KOMtech) clinched the Corporate Award: Excellence while Keppel FELS won the Merit award. Keppel Shipyard and Keppel Housing also attained the Recognition award for their achievements in workplace health promotion. To promote healthy living, business units across Keppel have implemented a range of Mr Aziz Merchant (centre), Executive Director, KOMtech, together with HR partners from Keppel O&M, celebrating Keppel’s wins at the Singapore HEALTH Award Ceremony on 10 October 2017 activities, from health talks and

22 OffshoreMarine 3Q Issue 2017 Developing future leaders

ADVANCED LEADERS collaboration and synergy as well as TRAINEE ENGINEER PROGRAMME PROGRAMME innovation. The programme utilised The graduation ceremony for The inaugural Advanced Leaders a combination of different learning participants of BrasFELS’ Trainee Programme (ALP) under Keppel approaches such as, action learning Engineer Programme 2015 was Leadership Institute was launched projects, workshops with Keppel held on 27 July 2017. The Trainee in February 2017. The programme Corporation’s board and senior Engineer programme is a two-year aims to develop holistic leaders management, external company talent development initiative, and equip them with the skills site visits and networking sessions. where fresh graduate engineers to be change agents in Keppel’s are rotated to various departments transformation journey. Mr Ivan Lim, GM (Operations), in the shipyard for exposure. Project Management, Keppel Twenty-three future leaders from Shipyard, added, “The action Mr Marlin Khiew, then-President of across the Group participated in the learning project was truly helpful BrasFELS, said, “We congratulate blended leadership development in honing our skills. It was also a the participants for graduating programme spanning over six valuable experience having CEO from the Trainee Engineer months. The programme focused dinners with our project groups programme and wish them the on developing participants in where we had the opportunity best as they enter a new phase specific areas such as change to exchange views from company in their career. Over the last leadership, future orientation, matters to world issues.” two years, we have seen much growth in these young talents, and have been impressed by their commitment to Keppel’s Core Values and Operating Principles. We also thank the various managers and seniors in the company that have guided the development of these engineers.”

ALUMNI DEVELOPMENT Members of the BrasFELS Alumni Programme held a General Meeting on 28 July 2017 to take stock of their activities over the

Participants were grouped in cross businessunit teams to solve a business challenge using the past year, such as organising concepts learned in class knowledge workshops as well as outline their plans for the rest of the year.

Mr Marlin Khiew said, “The ideas, enthusiasm and efforts of our Alumni members are truly commendable. We are hearted to see how much they have done during the year, contributing to their own and their colleagues’ Participants of the 2015 Trainee Engineer Programme celebrated their graduation at a ceremony growth.” held on 27 July 2017

OffshoreMarine 3Q Issue 2017 23 In step with Singapore Around the world, Keppelites from Singapore commemorated the country’s 52nd National Day.

Keppel’s senior management, led by Mr Loh Chin Hua (third row, middle in white), CEO of Keppel Corporation, attended a National Day Parade rehearsal session to show their support for the Keppel contingent

SINGAPORE management, led by Mr Loh As one of Singapore’s largest Chin Hua, CEO of Keppel homegrown conglomerates, Corporation, attended a rehearsal Keppel joined the nation in session on 22 July 2017 and joined commemorating its the contingent in celebrating the independence as a Major Partner birthdays of Keppelites born in the of Singapore’s National Day month of July. Parade. In addition, 36 Keppelites from across the Group flew the Separately, Keppel Offshore & Keppel flag high as they led the Marine (Keppel O&M) celebrated Social and Economic contingents the nation’s birthday at the to usher in Singapore’s 52nd Keppel FELS National Day birthday. Observance Ceremony held on 10 August 2017. Mr Loh (back row, right) and Mr Chris Ong (back row,left), CEO of Keppel Offshore & Comprising 51 members, the Marine, celebrated the birthdays of Keppelites Keppel contingent was relentless in In his opening address, Mr Loh born in July their pursuit for excellence. While Chin Hua, CEO of Keppel the marching contingent worked Corporation and Chairman of to perfect their footwork, the Keppel O&M, rallied Keppelites He added, “ We recognise the organising committee coordinated under this year’s National Day importance of lifelong learning, trainings and ensured the welfare Parade theme, “One Nation and award scholarships to eligible of the members. Together”, and called on them Keppelites who are keen to to harness synergies across the further their studies. Last year, Reflecting their support for Keppel Group so that the whole is Keppel O&M initiated a multi- the contingent, Keppel senior greater than the sum of parts. skilling programme to enhance the

24 OffshoreMarine 3Q Issue 2017 technical skillset capabilities of our workforce. This programme serves Supporting national defence to cross-train our people and equip them with multiple skills so that they can be deployed across the different production trades.

“Innovation is one of our core values, and is key to Keppel O&M staying ahead of its competitors. We have leveraged our expertise to offer robust solutions in adjacent industries as well as non-oil and gas market segments. I would also like to commend Keppelites for your participation in programmes such as the KOM Innovation Award, the Keppel FELS’ Synergy Programme and other yard initiatives.

Then-President Dr Tony Tan (fourth from left) thanking NSman of the Year winners “Over the years, our yards have including MAJ (NS) Tng Dong Sen Thomson (third from right) for their contributions to national defence (Photo credit: MINDEF) formed a strong partnership with the Union and the Government. This partnership has been On 16 July 2017, then-President Artillery, Major (NS) Thomson crucial especially as we navigate Dr Tony Tan Keng Yam hosted Tng said, “Singapore’s security challenging times in today’s about 550 personnel from the can never be taken for granted environment. We are grateful Ministry of Defence (MINDEF) and we need support from our for the strong support from the and the Singapore Armed Forces families and colleagues for us Government and the Union, and (SAF) to a reception at the Istana to focus on our duties. With we will continue to work hand to show his appreciation for their the close bond with my fellow in hand to forge a strong and contributions. servicemen, the hard work resilient workforce, as well as from my command team and continue to enhance yard safety Among these outstanding the guidance from our senior and productivity.” individuals was Mr Thomson commanders, we managed to Tng Dong Sen, Senior Project rise above challenges and put in Manager at Keppel Shipyard, our best to serve the nation. It who was awarded the SAF is thus a great honour today, to NSman of the Year award. be recognised for the time and effort that we have put in to Serving as Commanding Officer ensure our country’s peace and of the 288th Battalion Singapore security.”

OffshoreMarine 3Q Issue 2017 25 Exemplary role model

On 4 October 2017, Mr Abu Bakar Bin Mohd Nor, MD (Gas & Specialised Vessels), Keppel Offshore & Marine (Keppel O&M), was named Achiever of the Year by Berita Harian, Singapore’s Malay daily newspaper, in recognition for his achievements and contribution to society. This award honours Malay/Muslim individuals for their exceptional qualities and Mr Abu Bakar Bin Mohd Nor (far left), MD (Gas & Specialised Vessels), Keppel O&M, received the accomplishments. Past winners Berita Harian Achiever of the Year Award from Singapore’s President Madam Halimah Yacob (centre) and Mr Mohd Saat Abdul Rahman (first right), Editor, Berita Harian include President Madam Halimah Yacob, then-Assistant Secretary General of National Trades Union who played important and positive Over the span of his career, Mr Abu Congress, and renowned ceramist roles in his life. “I would like to Bakar held various appointments Iskandar Jalil. thank Keppel, my employer for in Keppel O&M, including serving 27 years, who believed in me and as CEO of Nakilat-Keppel Offshore In his acceptance speech, Mr Abu provided me with opportunities & Marine from 2011 to 2014, and Bakar dedicated the award to his to grow and pursue my dreams, in as MD of Keppel Singmarine since family, relatives and colleagues, Singapore and overseas.” 2015.

Loyalty and pride

At Keppel Offshore & Marine In his opening address, Mr Loh former Superintendent Mr Musa (Keppel O&M), people are the most Chin Hua, CEO of Keppel Bin Daud, was featured on important asset. On 10 August Corporation and Chairman of Minister Ng’s Facebook post. 2017, Keppel FELS recognised Keppel O&M, expressed his 223 dedicated employees who thanks for the commitment and Wrote Minister Ng, “Happy to have through decades of contributions of these dedicated honour and show appreciation hard work made substantial employees. to the employees who have contributions to the company. contributed to Keppel’s success. The awards was held as part of the One of them, Mr Musa Bin Of these individuals, three have National Day celebrations, and was Daud, has been working with been with Keppel O&M for graced by Guest of Honour Mr Ng the company since he joined in 45 years, six for 40 years, three Chee Meng, Minister for Education 1972. 45 years! The success of the for 35 years and six for 30 years. (Schools) and Second Minister for Keppel’s story is attributed to Another 23 have served 20 years, Transport. the loyalty and pride shown in while 182 have been with the employees like Musa”. company for a decade. One of the award recipients,

26 OffshoreMarine 3Q Issue 2017 Game for OneKeppel

Over 130 Keppelites from across the Group came together for the opening of the 14th Keppel Games

The 14th edition of the annual Keppel Games kicked off with the highly anticipated Opening Ceremony and Golf Challenge held at Raffles Country Club on 25 August 2017.

Over 130 Keppelites from across the Group, including Keppel of the sailfish, which are known senior management and the team to hunt as a pack, and graphics to managers of Atlantic, Caspian and symbolise resilience amidst rough Pacific, took to heart this year’s tidal waves. theme of ‘Stronger together as OneKeppel’ to bond through The competition continued to heat friendly competition. up in September, where teams wrestled in a clash of brawns and Getting into the swing of things, wits in the International Chess and Keppelites took to the green in Table Tennis Challenges. an attempt to out-drive, out- chip and out-putt each other in On 17 September 2017, six teams the Golf Challenge. Eventually, engaged in a battle of the minds Team Caspian emerged victorious, as they vied for the highly coveted Participants took to the green as they vied for retaining their Golf Challenge International Chess championship top spot in the Golf Challenge Trophy once again. title. The participants demonstrated strong tactical in a Table Tennis showdown. In Participants were also treated to play, making it nearly impossible an impressive showcase of top a lively presentation during the to predict the winner. Eventually, spins and smashes, the audience unveiling of the team flags at the Team Caspian came up tops with was wowed by the skills of our Opening Ceremony. After much the most wins under its belt. Keppelites. After an afternoon deliberation, Team Pacific was of intense competition, Team announced as the winner, with the The following week, paddlers from Pacific claimed the title of Overall judges praising the creative use the three teams fiercely competed Champion for Table Tennis.

OffshoreMarine 3Q Issue 2017 27 Recognising hard work

Apart from providing financial On 12 August 2017, 23 students received a total of $11,950 at the support, one of the benefits were proud recipients of the annual awards ceremony held at offered by Keppel Credit Union KCU Book Prize Awards 2017. Keppel Leadership Institute. (KCU) is book prizes for the Recognised for their outstanding children of KCU members. examination results, the recipients In his opening address, Professor Bernard Tan, Chairman of KCU, shared that learning is a lifelong journey and encouraged recipients to keep up the good work.

Overjoyed to receive the book prize award in front of her father’s colleagues, Ms Priya Vinodini, daughter of Mr Mathivanan s/o Deivanagam, Senior Foreman of Keppel Shipyard (Tuas), enthused Award recipients with representatives from KCU including Professor Bernard Tan (first row, third that the award spurred her to from right), Chairman of KCU, and Dr Lee Chay Hoon (first row, third from left), Director of KCU and Director (Organisation Development) of Keppel Offshore & Marine reach for even greater heights.

Viva Mexico

Keppel Offshore & Marine was a Keppel has been a strong rigs for Mexico, Keppel has also proud sponsor of Mexico’s National supporter of the Mexico’s oil and repaired and serviced some 18 Day celebrations held at Kidzania gas industry, having delivered rigs that have been deployed in on 15 September 2017. It has jackups to the country since 2004. Mexico. sponsored the event since 2012. Besides building new jackup

Hosted by H.E. Ambassador Nathan Wolf, Ambassador of Mexico to Singapore, government representatives, diplomats and business leaders were in attendance to celebrate Mexico’s 207th Anniversary of Independence.

Kidzania was lit up with a lively showcase of Mexican culture, song and dance.

Keppel is a regular sponsor of Mexico’s Independence Day celebrations and enjoys strong business and cultural ties with Mexico

28 OffshoreMarine 3Q Issue 2017 Student outreach by BrasFELS

MARKING DAY OF TREE Teach-it-Forward is an In addition to learning about the On 26 September, BrasFELS hosted extension of the Keppel Volunteers operations and history of the yard, 30 ninth-grade students from programme. they were also brought on a tour Amelia Araujo Lage Municipal of the shipyard and saw projects School, located at Garatucaia BROADENING HORIZONS such a the FPSO Cidade de Campos neighbourhood. The students of Polytechnic dos Goytacazes MV29 as well as School of Sao Paulo University the drilling rigs Urca and It was the fourth educational (USP) visited BrasFELS shipyard Olinda Star up close. visit organised by the shipyard on 1 August 2017. The group was in 2017 as part of its Teach-it- warmly welcomed by BrasFELS BrasFELS’ customer, MODEC, also Forward programme, which aims representatives led by Mr Luiz participated with Project Manager to reach out to Angra dos Reis’ Caetano, Director (Operations) of Mr Eric Powell sharing with the communities’ youths. BrasFELS and by Human Resources students on MODEC’s operations department. and corporate structure. BrasFELS’ engineer, Mr Rafael Portela, presented on the shipyard’s history as well as its projects for the Brazilian naval industry. Sharing their experiences in the shipyard as well as the importance of education in their careers were Mr Saulo Costa, Mr Delton Silva, Mr Thais Campelo and Mr Daniel de Souza.

Besides learning about the yard’s operations, the students also discovered its environmentally- friendly aspects such as the growth of different trees species in the shipyard. They participated in a tree BrasFELS received a visit from 30 ninth-grade students from Amelia Araujo Lage Municipal School, planting activity with Mr Marlin located at Garatucaia neighbourhood Khiew, then-President of BrasFELS, and Herman Effendy, then- President-Designate of BrasFELS, to mark the National Tree Day.

“I am impressed about how BrasFELS employees care about the environment and safety”, said the student Gabryelle de Sousa. Another student, Robert Santana de Souza, added, “Today, I learned that safety is a value and we should never stop studying.” USP students got up close with BrasFELS’ projects during their visit to the BrasFELS shipyard

OffshoreMarine 3Q Issue 2017 29 Caring for our communities Keppel is committed to uplift communities wherever it operates. With volunteerism as a key thrust of the Group’s community engagement programmes, August has been designated Keppel Community Month. During this month, Keppelites across the Group rally behind good causes that make a positive impact on people in need and the environment.

Keppelites have demonstrated in the sun and enjoyed games at celebrations, Keppel Shipyard through Keppel Community the beach thanks to Keppelites. volunteers organised an evening Month how we can make a visit to Gardens by the Bay for 24 difference wherever we operate Separately, volunteers from our elderly from Care Corner Senior through compassionate giving shipyard in Brazil guided and Activity Centre. of our diverse talents, time and shared experiences with students efforts. as part of the Teach-It-Forward The elderly basked in the glow of programme. the elaborate lantern decorations NURTURING LIVES and excitedly recounted personal Volunteers from Keppel Offshore In the Philippines, young children memories of celebrating this & Marine (Keppel O&M) and rediscovered values through special festival. One of the elderly, Keppel Capital organised folklore in a series of story-telling Mdm Lee Bee Lam, enthused, workshops aimed to equip sessions at the Keppel-GK “The lantern display was so underprivileged children with Eco Village. beautiful! The volunteers took skills in arts and crafts, terrarium- very good care of us and making and even baking. FORGING FRIENDSHIPS THROUGH always made sure that we were FOOD comfortable and safe.” In China, disabled children had fun As part of the Mid-Autumn Festival

In the Philippines, young children rediscovered values through folklore in Elderly and beneficiaries bonded over mooncakes and tea that a series of story-telling sessions organised by Keppel Volunteers at the they made together Keppel-GK Eco Village

30 OffshoreMarine 3Q Issue 2017 GLOBAL NETWORK

SINGAPORE ASIAN LIFT PTE LTD THE NETHERLANDS KEPPEL OFFSHORE & MARINE LTD 23 Gul Road, Singapore 629356 KV ENTERPRISES (Head Office) Tel: +65 6668 4222 Fax: +65 6668 4333 Prof. Gerbrandyweg 25, 3197 KK Rotterdam-Botlek 50 Gul Road, Singapore 629351 Email: [email protected] Harbour no. 4550, P O Box 1001, 3180 AA Rozenburg, Contact Person: John Chua, General Manager The Netherlands Tel: +65 6863 7200 Fax: +65 6261 7719 Email: [email protected] www.keppelom.com KEPPEL SMIT TOWAGE PTE LTD Contact Person: Elshan Gurbanov, Director 23 Gul Road, Singapore 629356 KEPPEL FELS LTD Tel: +65 6668 4222 Fax: +65 6897 8056 THE PHILIPPINES (Pioneer Yard 1 – Head Office) Email: [email protected] KEPPEL PHILIPPINES MARINE, INC 50 Gul Road, Singapore 629351 Contact Persons: Pieter Van Stein, Managing Director Unit 3-B Country Space 1 Building, 133 Sen. Gil Puyat Avenue, Jerry Wong, General Manager Salcedo Village, Barangay Bel-Air, 1200 Makati City, Philippines (Pioneer Yard 2) Tel: +63 2 892 1816 Fax: +63 2 815 2581 55 Gul Road, Singapore 629353 AUSTRALIA www.keppelphilippinesmarineinc.com (Shipyard Road) KEPPEL PRINCE ENGINEERING PTY LTD Email: [email protected] or [email protected] Level 2 Riverside Quays, 1 Southbank Boulevard Contact Persons: Chor How Jat, Chairman 31 Shipyard Road, Singapore 628130 Southbank, Victoria 3006, Australia Leong Kok Weng, President (Crescent Yard) Tel: +613 9982 4589, +614 1999 0788 Fax: +613 9551 0624 Stefan Tong Wai Mun, Executive Vice President 60 Shipyard Crescent, Singapore 627735 Email: [email protected] Contact Person: Charles Chiam, Director KEPPEL BATANGAS SHIPYARD Tel: +65 6863 7200 Fax: +65 6261 7719 Keppel Philippines Marine – Special Economic Zone AZERBAIJAN Barangay San Miguel, 4201 Bauan, Batangas, Philippines www.keppelfels.com CASPIAN SHIPYARD COMPANY LLC Tel: +63 43 727 1532 to 36 Fax: +63 43 980 0450 Email: [email protected] South Bay, KMNF Basin, Baku AZ1023, Azerbaijan www.keppelphilippinesmarineinc.com or Contact Persons: Chris Ong Leng Yeow, Managing Director Tel: +994 12 449 9930 Fax: +994 12 449 9931 [email protected] Marlin Khiew, General Manager (Marketing) Email: [email protected] Email: [email protected] Yeong Yew Ming, Senior Business Development Manager Contact Person: Alex Yee Kim Foh, CEO Contact Persons: Wong Jen Ming, President

KEPPEL SHIPYARD LTD BAKU SHIPYARD LLC KEPPEL SUBIC SHIPYARD, INC (Tuas Yard – Head Office) Garadagh District, Salyan Highway 25th km Subic Shipyard – Special Economic Zone Baku AZ 1083, Azerbaijan Cabangaan Point, Barangay Cawag, 51 Pioneer Sector 1, Singapore 628437 Tel: +994 12 446 4944, +994 12 446 4945, 2209 Subic, Zambales, Philippines Tel: +65 6861 4141 Fax: +65 6861 7767 +994 12 446 4946 Fax: +994 12 446 4947 Tel: +63 47 232 2380 or 6347 232 2710 (Benoi Yard) Email: [email protected] Fax: +63 47 232 3350 15 Benoi Road, Singapore 629888 Contact Persons: Lam Khee Chong, General Manager Email: [email protected] or [email protected] Tel: +65 6861 6622 Fax: +65 6861 4393 Elvin Huseynov, Marketing Manager Contact Persons: P. Shanmugam, Senior Vice President Leong Chee Wah, General Manager (Gul Yard) BRAZIL 55 Gul Road, Singapore 629353 KEPPEL FELS BRASIL S.A. QATAR Tel: +65 6861 3007 Fax: +65 6862 3645/7 Rua da Quitanda nº 86, Sala 301, 3º Andar, NAKILAT-KEPPEL OFFSHORE & MARINE LTD CEP - 20091 - 005, Rio de Janeiro, RJ, Brasil Erhama Bin Jaber Al Jalahma Shipyard www.keppelshipyard.com Tel: +55 21 2102 9400 Fax: +55 21 2102 9425 Southern Break Water, Ras Laffan Industrial City (RLIC) Email: [email protected] Email: [email protected] PO. Box 28388, Qatar Contact Persons: Chor How Jat, Managing Director Contact Person: Marlin Khiew, President & CEO Tel: +974 4419 7300 Fax: +974 4419 7301 Chin Sze Kiun, General Manager (Commercial – Repair) www.nkom.com.qa Tey Wee Hong, General Manager (Commercial – Conversion) ESTALEIRO BRASFELS LTDA Email: [email protected] Av. Conde Mauricio de Nassau, Contact Person: Tan Geok Seng, CEO S/n – Jacuecanga CEP – 23914 – 460 Angra dos Reis, RJ, Brasil KEPPEL SINGMARINE PTE LTD Tel: +55 24 3361 6000 Fax: +55 24 3361 6258 UNITED ARAB EMIRATES (15 Benoi Road – Head Office) www.kfelsbrasil.com.br ARAB HEAVY INDUSTRIES PR.J.S.C 15 Benoi Road, Singapore 629888 Email: [email protected] P O Box 529, Ajman, UAE Tel: +65 6861 6622 Fax: +65 6862 1792 Contact Person: Herman Effendy, President Tel: +971 6 526 3232 Fax: +971 6 526 3233 www.ahi-uae.com (5 Benoi Road) KEPPEL SINGMARINE BRASIL LTDA Email: [email protected] 5 Benoi Road, Singapore 629874 Rua Prefeito Manoel Evaldo Müller Contact Person: Leong Siew Loon, Managing Director Tel: +65 6861 6888 Fax: +65 6862 3491 3388 Bairro Volta Grande, Navegantes, Santa Catarina, Brasil, CEP 88371-860 KEPPEL LETOURNEAU MIDDLE EAST FZE www.keppelsingmarine.com Tel: +55 47 3405 0160 Fax: +55 47 3405 0170 Office No: LB16504, Jebel Ali, Dubai, United Arab Emirates Email: [email protected] Email: [email protected] Tel: 971 4886 0010 Fax: 971 4886 0012 Contact Persons: Abu Bakar Bin Mohd Nor, Managing Director Contact Person: Loh Kee Huat, General Manager E-mail: [email protected] Poon Tai Lum, General Manager (Commercial and Marketing) Contact Person: Mohsen Abdelalim, GM (Operations) BULGARIA KEPPEL LETOURNEAU SINGAPORE LTD KEPPEL FELS BALTECH LTD USA 50 Gul Road Singapore 629351 54 Debar Street, Varna 9000, Bulgaria KEPPEL OFFSHORE & MARINE USA, INC Tel: 65 6863 7367 Fax: 65 6862 3465 Tel: +359 52 684 250 Fax: +359 52 684 252 5177 Richmond Ave, Suite 1065, Houston, TX 77056, USA Email: [email protected] Email: [email protected] Tel: +1 713 600 8380 Fax: +1 713 600 8384 Contact Person: Lyudmil Stoev, General Manager Email: [email protected] www.keppelletourneau.com Contact Person: Simon Lee, President Contact Person: Winston Cheng, Aftermarket Manager CHINA Email: [email protected] KEPPEL NANTONG SHIPYARD CO. LTD Contact Person: Cheung Tak On, Vice President KEPPEL OFFSHORE & MARINE TECHNOLOGY CENTRE KEPPEL NANTONG HEAVY INDUSTRY CO. LTD (Technical Services) PTE LTD (KOMTECH) No. 9 Yan Jiang Road, Nantong City, Jiangsu Province 31 Shipyard Road, Singapore 628130 P.R. China 226005 KEPPEL AMFELS, LLC Tel: +65 6591 5450 Fax: +65 6265 9513 Tel: +86 513 8530 0000 Fax: +86 513 8530 0007 20000 State Highway 48, Brownsville, Texas 78521, USA Email: [email protected] Email: [email protected] Tel: +1 956 831 8220 Fax: +1 956 831 6220 Contact Person: Edmund Lek, President Email: [email protected] Contact Persons: Aziz Merchant, Executive Director Contact Person: Simon Lee, President Dr Foo Kok Seng, Executive Director KEPPEL FELS ENGINEERING SHENZHEN CO. LTD (Shallow Water Technology) 3rd Floor, Chiwan Petroleum Building BENNETT OFFSHORE (BENNETT & ASSOCIATES, LLC) Chiwan Road No. 5, P.R. China 518068 (Houston Office, HQ) OFFSHORE TECHNOLOGY DEVELOPMENT PTE LTD Tel: +86 755 26851902/+86 755 26851959 5177 Richmond Ave, Suite 1188, Houston, TX 77056, USA 55 Gul Road, Singapore 629353 +65 6863 7215 (Singapore Contact) Tel: +1 713 961 7737 Fax: +1 713 961 0861 Tel: +65 6863 7409 Fax: +65 6862 3465 Fax: +86 755 26851670 www.bennettoffshore.com Email: [email protected] Email: [email protected] Email: [email protected] Contact Person: Norman Chua, Engineering Manager Contact Person: Marc Wong, President Contact Person: Dr Foo Kok Seng, Executive Director KEPPEL FELS ENGINEERING WUHAN CO. LTD KEPPEL MARINE AGENCIES INTERNATIONAL, LLC DEEPWATER TECHNOLOGY GROUP PTE LTD Blk 6 #05, Financial Harbor, No. 77 Optical Valley Ave 5177 Richmond Ave, Suite 1065, Houston, TX 77056, USA 31 Shipyard Road, Singapore 628130 Wuhan City Hubei Province, P.R. China 430070 Tel: +1 713 600 8371 Fax: +1 713 600 8374 Tel: +65 6863 7163 Fax: +65 6863 1739 Tel: +86 27 59838598 / +65 6863 7215 Email: [email protected] Email: [email protected] E-mail: [email protected] Contact Person: Michael Holcomb, President/Director Contact Person: Aziz Merchant, Executive Director Contact Person: Reynard Xiao Peng, General Manager Mobile: +1 713 816 0438 Email: [email protected] INDIA Contact Person: John C. Bajor, Marketing Manager MARINE TECHNOLOGY DEVELOPMENT PTE LTD KEPPEL OFFSHORE AND MARINE ENGINEERING SERVICES Mobile: +1 713 922 3226 15 Benoi Road Singapore 629888 MUMBAI PTE LTD Tel: +65 6861 6622 Fax: +65 6862 1792 Unit 3, 8th Floor, Prism Tower-A, Mindspace, Link Road KEPPEL LETOURNEAU USA, INC. Email: [email protected] Goregaon (West), Mumbai 400 062, India 5656 North Sam Houston, Parkway East Houston, Texas 77032 Contact Person: Aziz Merchant, Executive Director Tel: +91 22 40018888 Fax: +91 22 40018898 Tel: 1 832 838 5879 Fax: 1 832 787 8800 Email: [email protected] E-mail: [email protected] Email: [email protected] Contact Person: Anis Altaf Hussain, General Manager Contact Person: Syed Ahamed Kabeer, General Manager KEPPEL FLOATEC, LLC Indonesia 5177 Richmond Ave, Suite 900, Houston, TX 77056, USA GAS TECHNOLOGY DEVELOPMENT PTE LTD PT BINTAN OFFSHORE Tel: +1 713 600 8350 Fax: +1 713 600 8384 51 Pioneer Sector 1 Singapore 628437 Jalan Nusantara KM 23, Kecamatan Bintan, Timur, Contact Person: Tapan K. Das, President Tel: +65 6558 7620 Fax: +65 6558 7621 Kabupaten Bintan, Kepulauan Riau, Indonesia Email: [email protected] Email: [email protected] Tel: +62 771 462 699 Fax: +62 771 462 575 Contact Persons: Dr Foo Kok Seng, Executive Director Email: [email protected] VIETNAM Email: [email protected] Contact Person: Loe Hauw Sheong, General Manager KEPPEL FELS LTD Andrea Gay Lee Bei Si, Senior Business Development Manager PetroVietnam Towers, Suite 410 JAPAN 8 Hoang Dieu Street, Ward 1, Vung Tau City, S.R. Vietnam REGENCY STEEL JAPAN LTD Tel: +84 643 850098 Fax: +84 643 850089 KEPPEL SEA SCAN PTE LTD 46-59 Nakabaru, Tobata-ku, Email: [email protected] 55 Gul Road, Level 5, Singapore 629253 Kitakyushu, Fukuoka 804-8505, Japan Contact Person: Damien Ng, Country Manager Tel: +65 6803 1300 Tel: +81 93 861 3103 Fax: +81 93 861 3114 Email: [email protected] Email: [email protected] Contact Person: Lim Ah Cheng, Executive Director Contact Person: Wong Chun Yu, President

OffshoreMarine 3Q Issue 2017 31 Keppel to build two LNG containerships for Jones Act market

(CFD) and will be one of the most hydrodynamically efficient hulls in the world.

The containerships will be able to run completely on LNG fuel, dramatically reducing their environmental impact and increasing fuel efficiency. Energy savings will also be achieved

The two state-of-the-art dual-fuel LNG containerships for Pasha will be built to Keppel’s with a state-of-the-art engine, proprietary innovative design an optimised hull form, and an underwater propulsion system Keppel AmFELS, a wholly owned to building these ships which will with a high-efficiency rudder and subsidiary of Keppel Offshore & have a direct impact on American propeller. Marine Ltd (Keppel O&M) in the jobs at our shipyard and suppliers United States (US), announced on across the country.” Located in Brownsville, Texas, 24 August 2017 the securing of Keppel AmFELS possesses a contract from Honolulu-based “This contract with Keppel allows comprehensive facilities, a Pasha Hawaii for the construction Pasha Hawaii to continue to move highly-capable workforce, and of two Liquefied Natural Gas (LNG) forward in our commitment to a strong track record in the fueled containerships. providing the best resources construction, refurbishment, possible for our customers and conversion, life extension and The dual-fuel LNG vessels will be Hawaii’s shipping industry, while repair of a variety of projects. built to Keppel’s proprietary design minimising our environmental with delivery of the first vessel footprint,” said George Pasha, IV, The Jones Act requires vessels expected in 1Q 2020, and the President and CEO of The Pasha carrying goods between US second vessel in 3Q 2020. Group. “We are proud supporters ports to be built in the US, and of the Jones Act and look forward Keppel AmFELS is well-positioned Mr Simon Lee, President of Keppel to working with Keppel’s team of to capture opportunities in this AmFELS said, “We are pleased highly skilled shipbuilders.” market. The average age of the that Pasha has chosen us to US-built fleet of vessels is more build their first two LNG fueled Customised to Pasha Hawaii’s than 30 years old, beyond the containerships to our innovative requirements, the new, 774-foot typical operating life of most design. Keppel O&M is at the Jones Act vessels will be able to ocean-going vessels, and new forefront of designing vessels that carry 2,525 TEUs (twenty-foot vessels will be needed to meet the run on LNG propulsion systems and equivalent units), including a latest safety and environmental has the experience in LNG vessel fully laden capacity of 500 standards. conversions as well as the expertise 45-foot containers, 400 in newbuild specialised vessels. In refrigerated containers, and addition, Keppel AmFELS is ideally 300 40-foot dry containers, with located and well-equipped to build a sailing speed of 23 knots. The a wide variety of vessels for the ship’s hull has been fully optimised Jones Act market. We look forward using computational fluid dynamics Printed on recycled paper Printed on recycled

32 OffshoreMarine 3Q Issue 2017