OCTOBER 2006 eppel www.kepcorp.com/ekeppelite
Keppel Group Newsletter Keppelite
Marina Bay Financial Centre premieres 8
Growing beyond today’s challenges 29
Reel life at Keppel 34
SpecialSpecial Focus:Focus: LandmarkLandmark contractscontracts inin QatarQatar
MICA(P) NO. 045/11/2006 Keppelite I October 2006 8 37
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Contents
BUSINESS TEAM Keppel constructs Singapore’s newest WTE plant 4 Growing beyond the challenges of today 29
Riding the conversion and newbuilding waves 6 Reel life at Keppel 34
Keppel issues structured notes 7 Nurturing talent, driving growth 36
MBFC premieres 8 PEOPLE K for Keppel 38 Top honours for transparency 12 Teeing off to a good start Keppel Land unlocks value A jolly good Fellow 39 SPC expands presence in Guangdong 13 KSES achieves safety milestone Drilling developments Pillars of support 40 Naming Keppel Norway 14 Keppelites Abroad Another on-time KFELS Super B delivery 15 Staying Kool in the desert 41
Keppel Kazakhstan launches first barge 16 COMMUNITY In fair weather or foul 42 P-51 takes shape 18 Stamping the dengue 43 What is crude oil? 20 Sharing with the community 44 Keppel T&T powers up with iCELL 21 Reaching for the best 45 Committed to corporate best practices Friend of the Arts 46 Showcasing the best 22 Keppel Volunteers A Royal success 23 Tribute to teachers at Chao Yang 47
Special Focus BACK PAGE Keppel seals landmark contracts in Qatar 24 S$1.7 billion solid waste management contracts 48 in Qatar Growing the infrastructure business 26
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 Teo Chang Ching
Editorial Committee Andrea Lee, Andrew Ong, Ang Lai Lee, Clara Ko, Diana Chan, Fatima Lay, Felicia Lee, Grace Chia, Hong Tin Wei, Ivana Chua, Kelvin Ng, Lai Siang Chin, Lee Yin Chiin, Low Hooi Hoon, Mohd Nor Nordin, Nicole Ma, Nicole Tan, Pamela Almeda, Phang Weng Onn, Quek Mong Song, Romell Song, Roy Tan, Sarah Seah, Serena Toh, Teri Liew, Woon Pek Yong
Keppelite I October 2006 CO REG NO: 196800351N Editorial
Just a job?
It is easier to quit a job than it is to change a Another had been with the group for over 10 years, career. This hardly qualifies as a truism of course, but has already spent a quarter of it in the Middle but is so obvious if you look at the recruitment East, jointly and successfully managing a team of section in the Straits Times on Saturdays. over 700 co-workers on a multi-million-dollar project. Black text runs endlessly across the pages, waxing lyrical and promising job satisfaction. But the Yet another has had the benefit of working in at eloquence ends on the subject of career. least three different businesses in an illustrious career spanning more than 25 years – and is still Truth be told, each advertiser cannot possibly offer being challenged to go beyond. a career. Simply because your career is what you make of it. Somewhere along the way, they made a conscious decision to grow beyond their basic job Playwright George Bernard Shaw puts it well, “The descriptions. people who get on in this world are the people who get up and look for the circumstances they While Keppelites number over 29,000 across 30 want, and, if they can’t find them, make them.” countries across the globe, there is this strong sense of family. The passion especially among the senior At a recent Group orientation where new management, as one Keppelite observed, is colleagues were challenged to seek a career that contagious, and across the Group, opportunities can satisfy both professionally and personally, the to grow abound. sharing of several seasoned Keppelites both on and off stage were enlightening and encouraging in So what can one make out of a job at Keppel? By the highlights of their journeys and the many uphill not making it out to be a job for starters and treks. pushing beyond our perceived boundaries.
“In situations where I was knee deep in water, I Career satisfaction has to start by quitting a job; knew I could count on the seasoned veterans to or at least the mentality that this is only a job. steer me out and believe with me that it could be done,” shared one of them.
Keppelite I October 2006 4 Business
Keppel constructs Singapore’s newest WTE plant
Keppel Seghers Engineering Singapore (Keppel Seghers), the environmental division of Keppel Integrated Engineering (KIE), has commenced the construction of Singapore’s newest waste-to-energy (WTE) plant at Tuas South. This is Singapore’s first incineration plant to be built under the Public-Private Partnership (PPP) initiative.
Officiating the groundbreaking ceremony on 5 October 2006 for Keppel Seghers Tuas Waste- to-Energy Plant was Dr Yaacob Ibrahim, Minister
for the Environment and Mr Goh Chin Aik (extreme right), Project Director of Keppel Seghers Tuas Waste-to-Energy Plant, giving a brief to Minister Yaacob Ibrahim Water Resources. (second from right) on Singapore’s newest waste-to-energy plant. Looking on are Mr Lim Chee Onn (third from right), Executive Chairman of Keppel Corporation, and His Excellency Marc Calcoen (fourth from right), Belgium’s Ambassador to Singapore The groundbreaking marks the next milestone since in Singapore to showcase Resources and NEA in the well established in China and Keppel Seghers was awarded waste-to-energy technology quest to encourage the Europe where the Company the 25-year Design-Build- from a local company. The reuse, recycle, recover and is actively pursuing prospects Own-Operate (DBOO) plant was designed by reduction of waste in in both markets. contract by the National Keppel Seghers engineers Singapore. Environment Agency (NEA) incorporating our in-house In China, Keppel Seghers is early this year. The project is technology such as the air- “The comprehensive the undisputed market on schedule to be completed cooled tumbling grates, expertise of NEA in solid leader for imported waste- in 2009. The completed boiler, rotary atomizer, and waste management and to-energy equipment. plant will be able to treat 800 flue gas treatment system. Keppel in providing solid Currently, Keppel Seghers is tonnes of solid waste a day waste facilities are domains also undertaking waste-to- to generate more than “Beyond this project, Keppel which Singapore entities are energy projects in Changshu, 20MW of green energy, supports NEA’s vision to build particularly well-placed to Shenzhen, Tianjin, Jiangyin contributing to Singapore’s a sustainable clean and excel and export to the rest and Guangzhou. electricity supply. healthy environment for all of the world.” Singaporeans. We are Between July and September Said Mr Lim Chee Onn, committed to being a EXPANDING GLOBAL alone, Keppel Seghers Executive Chairman of significant and long-term FOOTPRINT announced S$56.8 million Keppel Corporation, “Keppel partner to the Ministry of Keppel Seghers’ waste-to- worth of waste-to-energy Seghers Tuas is the first plant Environment and Water energy technology is already contracts in Finland, as well
Keppelite I October 2006 Business 5
as Tianjin and Changzhou Mr Chua Chee Wui, CEO of 1050 tons of waste per day GROWING IN ITALY in China. KIE, says “This repeat order to generate 24 MW of green THROUGH STRATEGIC from China Everbright is a energy, was successfully PARTNERSHIP The Middle East is the newest vote of confidence from our commissioned and delivered Keppel Seghers has signed a market that Keppel Seghers valued customer and affirms last month. strategic cooperation has broken into with the the strength and reliability of agreement with Passavant award of a S$1.7 billion solid Keppel Seghers’ proprietary In March 2006, China Impianti to address the waste management project technologies. Everbright awarded a sludge treatment market in contract in Qatar. See story S$13 million contract to Italy. on back page. “As a leading provider of Keppel Seghers to provide comprehensive technologies and services for Mr Ivan Christiaens, Global FIRST WTE PLANT IN environmental solutions with the first WTE plant to be Head for Sales and CHANGZHOU a global footprint in more built in the city of Jiangyin, Marketing of Keppel Seghers Keppel Seghers has secured than 25 countries, China Jiangsu province, China. says, “The municipal markets a S$13.3 million contract to remains a key market for When completed in end for water and sludge provide technologies and Keppel Seghers. We are keen 2007, the WTE plant will be treatment in Italy show a lot services for the first WTE to strengthen our position as able to treat 800 tonnes of of growth potential over the plant to be built in the city the market leader for municipal waste a day. coming five to ten years as of Changzhou, Jiangsu imported waste-to-energy Italy steps up its efforts to province, China. solutions in China where we As the demand for WTE protect its environment. This have 60% of the market by incineration services grows in partnership paves the way Keppel Seghers will provide bringing our suite of services China due to the burgeoning for Keppel Seghers to its state-of-the-art to more cities in this population and heightened offer our state-of-the-art equipment design and country.” awareness of the need to HARDPELLETIZER and technical services for the protect the environment for ZEROFUEL sludge treatment grate, atomizer, automation Keppel Seghers and China sustained economic growth, technologies to the Italian control and flue gas cleaning Everbright first collaborated Keppel Seghers is well municipal markets. components of the plant. in 2004 when Keppel positioned to provide its When completed in third Seghers provided the expertise in EPC services, “With its broad market quarter of 2008, the WTE furnace, boiler and flue gas technology package, penetration and vast plant will be able to treat cleaning system for the equipment supply and other experience in Italy, Passavant 800 tonnes of municipal Suzhou SuNeng Waste related waste-to-energy Impianti is the ideal partner waste a day to generate Incineration Power Plant. The services to major cities in the for Keppel Seghers to 12MW of green energy. plant, capable of treating country. strengthen our presence in this country. This is part of our continuous effort to grow our presence in Europe by establishing strategic partnerships with like- minded partners.”
Currently, Keppel Seghers is developing sludge drying plants in the cities of Bialystok and Czestochowa in Poland, as well as one of the largest sludge drying plants in the world in
Chicago, USA. keppelite
Keppel Seghers will provide technology and services for Changzhou’s first WTE plant
Keppelite I October 2006 6 Business
Riding the conversion and newbuilding waves
Upon delivery, Front Puffin will be able to produce up to 40,000 bopd and store up to 720,000 barrels of oil. It will be leased to AED Oil Limited for the Puffin Field, Bonaparte Basin in North Western Australia.
Keppel Shipyard has a strong track record of more than 60 FPSO and FSO conversion and upgrading projects. Currently, it has in hand six other FPSO and FSO projects. Keppel Singmarine continues to build on its design and construction expertise to offer customers high value-added services and solutions Another wholly-owned Keppel Offshore & Marine records, competent staff When completed in early subsidiary of Keppel O&M, (Keppel O&M) secured in project management 2008, the vessel will be Keppel Singmarine has contracts worth a total of and engineering, skilled leased to ExxonMobil for the secured five 62-metre AHTS S$210 million to carry out workforce and integrated Kizomba C Development, vessels from first time the conversion of two global network of yards to offshore Angola in West customer, Whitesea Shipping Floating Production Storage offer high value-added Africa. & Supply LLC (WSS). and Offloading (FPSO) services and solutions to our facilities and the construction customers.” This is Keppel Shipyard’s The vessels will be of five Anchor Handling Tug/ ninth similar project for SBM constructed in Keppel Supply (AHTS) vessels. The conversion contracts since 2000. Its last project Nantong Shipyard, bringing were clinched by Keppel from same owner is the FPSO the total number of vessels Mr Nelson Yeo, ED of Keppel Shipyard from regular Mondo which was secured in being built by the Chinese Shipyard, a wholly-owned customers, Monaco-based June 2006 and will be leased yard to 13 units. Deliveries subsidiary of Keppel O&M, Single Buoy Moorings (SBM) to ExxonMobil. SBM is one for these vessels are said, “Enquiries for FPSOs and Frontline FPSO Limited of the world’s largest scheduled between 2008 and offshore support vessels (Frontline), a new business operators of FPSOs and FSOs. and early 2009 for operation (OSVs) remain active and we unit of Frontline Limited of in the Middle East. expect this to continue, Bermuda. Keppel Shipyard will also particularly for FPSO and carry out the conversion of a Based in the United Arab FSO facilities. We see a Keppel Shipyard will convert 112,000 dwt shuttle tanker, Emirates (UAE), WSS is a strengthening demand for for SBM the 310,000 dwt Front Puffin, into a FPSO regular customer of Arab upgrading and conversion of VLCC Litiopa into a FPSO, facility for Frontline whose Heavy Industries (AHI), an such vessels. FPSO Saxi, which will have oil parent company commands associate of Keppel O&M, production capacity of the world’s largest modern which services WSS’s fleet of
“Keppel is poised to meet 100,000 barrels of oil per day fleet of VLCCs, Suezmax OSVs. keppelite these demands by drawing (bopd) and storage close to tankers and Suezmax OBO on our strong track two million barrels of oil. carriers.
Keppelite I October 2006 Business 7
Keppel is first corporate in Singapore to issue structured notes
Société Générale is working The Notes provides investors ** This is subject to the structured products, Société with Keppel Corporation to the opportunity to earn terms and conditions set out Générale is very pleased to introduce the Keppel potential total coupons of up in the Prospectus, including introduce this first corporate Guaranteed Notes* 2006 – to 34% (i.e. 6.8% p.a.) over the provisions on early capital guaranteed notes to Series 1 (the “Notes”) to 5 years for the SGD Tranche redemption, and is based on retail investors. With Singapore investors. This 5- A Notes and up to 55% (i.e. the best case scenario of the currently an estimated year principal protected 11% p.a.) over 5 years for Commodity Reference Prices US$130 billion invested in notes*** offers exposure to the USD Tranche B Notes in respect of each of the commodities globally, we the global commodity depending on the Commodities being at or believe that commodity is market and is 100% performance of a basket of above the respective Barrier now recognised as a separate guaranteed by Keppel commodities**, with an Level on every relevant asset class, providing an Corporation*. added benefit of principal trading day during all alternative investment for protection at maturity***. Calculation Periods. investors to diversify their This novel product provides portfolio for enhanced investors an attractive Every year, the payment of a *** The Notes may, returns,” said Mr Olivier opportunity to diversify their coupon is made if all six however, be redeemed prior Godin, Managing Director, portfolio by leveraging on commodity underlyings are to maturity for taxation Structured Derivatives of the price performance of an at or above such relevant reasons or pursuant to the Société Générale. equally weighted basket of percentage to be determined exercise of the Issuer Call six commodities - WTI crude by Société Générale in its sole Option, and in such cases the “The Keppel Guaranteed oil, nickel, zinc, copper, gold discretion on the 13th of redemption amount received Notes allows investors to and silver. November 2006 (the Barrier by investors may be less than receive potential coupons Level) ^ of their initial price the original amount invested. if all the commodity The Notes, being the first on all relevant trading days underlyings are at or above issue under the Keppel of the year. “We are pleased to partner the Barrier Level of their Corporation’s S$1 billion Société Générale to be the initial prices on all relevant structured note programme, * The term “Keppel first corporation in Singapore trading days of the year. It is is distributed by ABN AMRO Guaranteed Notes” reflects to issue structured notes. This worth underlining that we Bank N.V. Singapore Branch, that Keppel Corporation will programme offers an manage to achieve a very low Citibank Singapore Limited, guarantee the payment of all attractive financing avenue barrier level compared with Kim Eng Securities Pte. Ltd, amounts payable under the for Keppel, and enables us to other asset classes, meaning Hong Leong Finance, OCBC Notes. However, this does diversify our fund raising the chance for investors to Securities Private Limited, not mean that the principal sources and further obtain the potential coupons The Hong Kong and amount invested in the Notes strengthen our financial is increased,” he continued.
Shanghai Banking is guaranteed. For example, discipline,” explained Keppel keppelite Corporation Ltd, Singapore investors may receive less Corporation’s Group Finance Branch and UOB Kay Hian than the original amount Director Mr Teo Soon Hoe. Private Limited (the invested if the Notes are “Distributors”). The offer redeemed pursuant to an “Leveraging on our tradition period will be until 9th exercise of the Issuer Call for innovation and our global November 2006. Option. leadership in derivatives and
Keppelite I October 2006 8 Business
MBFC – Jewel in Singapore’s new business hub premieres
Minister Mah Bow Tan sharing his thoughts with the ‘team’ behind the MBFC: From left – Mr David Martin, GM of MBFC; Mr Nicholas Sallnow-Smith, Chief Executive of Hongkong Land; Mr Kevin Wong, MD of Keppel Land; Minister Mah; Mr Paul Katz, Architect Principal-in-charge of Kohn Pedersen Fox Associates and Mr Justin Chiu, ED of Cheung Kong
The gem in the necklace of companies Keppel Land, establishing a new financial developments in Marina Bay, new economic and business Hongkong Land and Cheung precinct for Singapore. which presents the ‘complete developments in Marina Bay Kong (Holdings), MBFC is environment’ to Work, Live – the new Marina Bay the centrepiece of the Designed by world and Play. Financial Centre (MBFC) – government’s plans to renowned architects, Kohn was officially unveiled by position Singapore as a Pedersen Fox, the new WORK IN A WORLD- Minister for National global financial hub. financial centre is the CLASS BUSINESS HUB Development, Mr Mah Bow showpiece of the necklace “The significance of MBFC Tan on 5 October 2006. MBFC is both an extension of linking One Raffles Quay, goes beyond our vision for the historic business district Esplanade Theatres, Marina Bay. The MBFC is a Jointly developed by three of centered on Raffles Place, Singapore’s first Integrated strategic step to ensure that Asia’s leading property and the cornerstone in Resort, and other future Singapore remains a major
Keppelite I October 2006 Business 9
player in the global banking (floor plates in excess of and financial arena. 1,700 sqm) and world-class The significance of MBFC goes services to accommodate big “The development of MBFC global firms which often beyond our vision for Marina Bay. serves to further entrench require a number of floors for The MBFC is a strategic step to and strengthen Singapore’s their operations. ensure that Singapore remains a status as a financial hub. It is well positioned to meet the “Our experience with One major player in the global banking growing demand for prime Raffles Quay – which is now and financial arena. office space in the CBD over fully tenanted by the likes of the next 10 years, and ABN AMRO, Barclays Capital, providing employment for Credit Suisse, UBS and The development of MBFC serves to many thousands of people,” Deutsche Bank AG – further entrench and strengthen said Minister Mah at the demonstrates that there is Singapore’s status as a financial hub. ceremony. strong demand for this quality and quantity of space It is well positioned to meet the As the major source of top- from leading global financial growing demand for prime office tier office space in the CBD enterprises.” space in the CBD over the next for the next decade, the MBFC, which costs some As a major milestone in the 10 years, and providing employment S$2 billion to build, will add growth of Singapore’s for many thousands of people. approximately 150,000 sqm financial sector, its pro- of Grade A premium office business environment and Minister Mah Bow Tan space to the market. This, excellent infrastructure, combined with the MBFC will bring to bear consortium’s adjacent the spirit of exploration, luxury residences – under Residences had already One Raffles Quay office exchange and entertainment the name Marina Bay drawn keen interest from towers (120,000 sqm), will envisioned for Marina Bay. Residences – and overseas buyers and effectively double the supply complementary retail investors. The appointed of top-tier office space in the “This exciting development facilities. property agents, CB Richard CBD. reflects our confidence in the Ellis and DTZ Debenham Tie local economy, the ongoing Poised to be the most Leung had already received MBFC General Manager, expansion of foreign anticipated city address in offers from local and Mr David Martin said, “The companies’ operations here, Singapore, Marina Bay international buyers wanting Marina Bay Financial Centre and particularly a long-term Residences will include a individual apartments and, in will form a new central view that Singapore will collection of 428 luxuriously some cases, whole floors in zone for Singapore’s CBD, continue to reinforce its appointed apartments, the development. drawing in major players in standing as one of the offering 1-, 2-, 3- and 4- the banking and financial world’s leading commercial bedroom units as well as “This is a one-of-a-kind services sector – this is poised centres,” Mr Martin added. penthouses. Residents will location with spectacular sea to become a vibrant financial also enjoy a range of views, which is a major draw precinct, just as Canary Wharf LIVE BY THE WATER’S exclusive condominium for international buyers. is the new heart of London. EDGE facilities, including a sky Most of the interest is When completed in 2010, lounge overlooking the bay coming from Hong Kong, “There are only a handful of phase one of MBFC will area. London, mainland China – truly premium locations in provide a total of 244,000 and particularly Shanghai – the business district which sqm gross floor area of Prior its launch at the end of but also from Malaysia, ... can offer column-free space world-class office space, this year, Marina Bay
Continues on page 11...
Keppelite I October 2006 10 Business
Crown Jewel of Marina Bay – MBFC is both an extension of the historic business district centered on Raffles Place, and the first step in establishing Singapore’s new financial precinct
Shaping the New Downtown
“The MBFC is a massive metropolitan energy with The two office towers have MBFC’s presence in project, managed by one complementary tranquil been placed on the site’s Singapore’s nightscape is consortium which has garden precincts, extensive western edge, facing the equally outstanding as control over the master recreational areas and public back of Raffles Place and during the day. planning of the entire site. spaces,” said Paul Katz, New fronting the adjacent Central In this position, we are able York-based head of the Park. The combination of a The facades of the towers to integrate form and MBFC design team at Kohn tall tower on the south and are illuminated from function to maximise the Pedersen Fox. a shorter tower fronting the below, giving an even value of MBFC with all its waters fully exploits majestic wash of light to the components in the long The first phase of the MBFC views of the bay, and horizontal sunshades. The run” said Mr David Martin, comprises three towers – the enhances the development’s sculpted crests and sky GM of MBFC. 55-storey, 428-unit Marina overall visual interest. gardens at the top of each Bay Residences, and the tower are dramatically lit Designed as a “City in a offices of 32 and 46 storeys – Strategically located at the from the inside, forming Garden”, the MBFC which have been developed northeast of the site, the dialogue with the other provides an integrated live- as a series of dramatic residential tower enjoys building tops in the CBD work-play environment crystalline forms, sculpted unequalled views of the CBD skyline. with retail and dining and chamfered to reflect light skyline, the Bay area and outlets, landscaped public and provide a sense of depth the Straits of Singapore. “Each tower of the Marina spaces, sky-gardens, and a to the surfaces. Positioned to minimise cross- Bay Financial Centre will connection to the mass viewing with the two office have a unique identity transit system. According to Paul, the family towers, the residential block within the ‘family’, and of buildings had been placed is layered with continuous together they will have the “This is the realisation of to maximise views of the bay, balconies that restrict views necessary unity and critical Singapore’s vision for a city and seascape whilst into the units above or mass to create a dominant new standard in the quality retaining an open and below. focal point at the head of of urban lifestyles – visually appealing aspect to Marina Bay,” Paul said. combining vibrant the MBFC site.
Keppelite I October 2006 Business 11
...continued from page 9.
“...Indonesia, the Middle Singapore underlining its Sands integrated resort, the main shopping mall, a central East and India and investors preeminence as an attractive, Singapore Flyer, the Marina atrium with lush Asian from the wider Asia Pacific stable and highly receptive Bay Golf Course and the rainforest and water region including Australia,” base for global businesses to Esplanade Theatres. features, a retail and said Kan Kum Wah, Head of locate their operations and entertainment centre, an Residential Marketing for people,” he said. When completed, Marina alfresco waterfront dining MBFC. Bay Sands integrated resort promenade and an open-air PLAY IN THE CITY THAT will offer a combination of Greek Theatre concert bowl At present, market watchers NEVER SLEEPS exhibition and meeting space for live performances. are expecting Marina Bay Marina Bay is a place meant amounting to 110,000 sqm Residences to sell in the for people from all walks of in gross floor area and a With the completion of the range of $1,400 to $1,700 life to explore, exchange and wide range of leisure and Marina Barrage in 2007, the psf. Some even say that entertain. It will be the entertainment activities. water body fronting MBFC demand could push prime place where the loop of will be the seat for various units above this range. attractions and round-the- The Singapore Flyer – water-sports events as well as clock energy continue Singapore’s version of the water-based activities and According to DTZ Executive during and after office London Eye – is a 165m performances that will Chairman for South East hours. high observation wheel, augment the pulse of city Asia, Mr Edmund Tie, MBFC’s which will provide visitors a living at Marina Bay. residential offering is an The public will be able to breathtaking, unobstructed attractive investment with enjoy more than 100 radial view of 45 km Right in the heart of this excellent potential for rental hectares of gardens, which spanning Singapore, 24/7 hub, MBFC will create and capital appreciation. collectively, form a public Malaysia and Indonesia. a new metropolitan lifestyle waterfront loop interwoven Surrounding the Flyer will be that is unparalleled in Asia.
“What we’re seeing reflected with urban developments a two-storey terminal keppelite in the property market is including the Marina Bay building that will house a
A big turn-out to toast the unveiling of the Marina Bay Financial Centre Sharing a light moment at the MBFC event : From left – Mr Justin Chiu, ED of Cheung Kong; Mr Lim Chee Onn, Executive Chairman of Keppel Corporation and Chairman of Keppel Land and Mr Nicholas Sallnow-Smith, Chief Executive of Hongkong Land
Keppelite I October 2006 12 Business
Top honours for transparency
For high standards of well as ‘Multi-Industry/ corporate transparency, Conglomerates’. Keppel Corporation, Keppel Land and Singapore Keppel Corporation was also Petroleum Company (SPC) first runner-up for the bagged a host of awards at ‘Singapore Corporate the Securities Investors Governance Award’ which Association of Singapore’s assigns higher points to (SIAS) 7th Investors’ Choice companies that go beyond Awards on 22 September the Singapore Code of 2006. Corporate Governance and adopt practices that are in
Keppel Corporation was line with best international Good corporate governance is a strong Keppel value awarded the Golden Circle practices. Award, which honours the overall winner of the Most This is the fourth consecutive Keppel Group, Keppel Land year, Keppel Land was Transparent Company Award year that Keppel Corporation and SPC, were also awarded the runner-up for across all categories. It also has been recognised for its recognised for their similar Most Transparent Company won two awards in the strong emphasis on good commitment to good in the Property category. categories for companies governance. governance. SPC bagged a Merit Award with market capitalisation for corporate governance.
exceeding S$1 billion as Other companies in the For the seventh consecutive keppelite
Keppel Land unlocks value
In keeping with its strategy Sing-Mas, a joint-venture When the transaction is SSIH is a joint-venture to unleash value in its company between Sing completed, Keppel Land will company formed by investment properties, Holdings (50%), Keppel Land book an estimated net profit Ascendas (65%), Keppel Keppel Land has agreed to (30%) and Hong Lim of S$27.5 million. Land (25%) and Hong Lim divest its stakes in two Investments (20%), owns Investments (10%) in 1994 overseas investments that 97.6% of Ocean Towers in Keppel Land has also agreed to develop industrial will lock in a total estimated Shanghai through a China to sell its stake in Singapore properties within the Suzhou net profit of S$37 million. subsidiary. Ocean Towers is a Suzhou Industrial Holdings Industrial Park. 25-storey Grade A office (SSIH) to Ascendas China Keppel Land has agreed to building in Shanghai’s prime Trustee for S$27 million. Upon completion of the sale, sell its 30% stake in Sing- commercial district of Keppel Land’s interests in Keppel Land will book a
Mas Investments Pte Ltd Huangpu which has enjoyed SSIH comprise 25% of profit of S$9.53 million. keppelite (Sing-Mas), to Ascendas good occupancy since its SSIH’s issued ordinary share Land International Pte Ltd completion in 2001. capital and 33.33% of the (Ascendas) for S$45.8 million. convertible preferred share capital.
Keppelite I October 2006 Business 13
SPC expands presence in Guangdong
Singapore Petroleum turn is a wholly-owned sectors in Guangdong and market presence in key Company Limited (SPC) subsidiary of SPC. the other municipalities in locations in China and has incorporated a new China, as well as the developed significant subsidiary, Singapore The incorporation of SP establishment of a network capabilities in supplying a full Petroleum (Guangdong) Pte Guangdong is in line with of Speedy Care outlets which range of lubricant products Ltd (“SP Guangdong”) on SPC’s corporate strategy of offer one-stop convenience to meet the needs of the 18 October 2006 in increasing its business for car care and maintenance growing Chinese market. Guangdong, the People’s presence in the region. The auto services. Republic of China, with a principal activities of SP The establishment of SP registered capital of Guangdong include the In recent years, SPC has Guangdong underlines SPC’s RMB17 million as a wholly- distribution and marketing of expanded its lubricant commitment to the Chinese owned subsidiary of SPC branded lubricant marketing and distribution market and its customers Singapore Petroleum Venture products to the automotive, activities in China. The and is expected to further Pte Ltd (“SPV”), which in industrial and commercial Company has also built a augment the Company’s lubricant business in China.
keppelite Drilling developments
Keppelite brings you an four-way depth closure and update on SPC‘s recent fault dependent structure. developments in Indonesia Thai Binh-1X is drilled as a and Vietnam. vertical well to a planned total depth of 3,200 metres THAI BINH-1X subsea. The drilling of the EXPLORATION WELL well is expected to take SPC together with its approximately 38 days. partners in Blocks 102 and 106 began drilling the Thai WORTEL-2 APPRAISAL Binh-1X exploration well WELL (“Thai Binh-1X”) on Wortel-2 appraisal well in the 30 September 2006. Sampang Production Sharing Thai BINH-1X Exploration Well Contract (Sampang PSC) The Thai Binh prospect is has been plugged and Wortel-3 appraisal well, to recoverable oil volumes for located in Block 102, Song abandoned on 9 October determine the full potential the Oyong oil and gas field Hong Basin, offshore 2006 at a depth of 1,421 of the Wortel gas discovery, are suggested to be in the northern Vietnam. The metres after failing to subject to partners and likely range of 3-6-10 million prospective area is about encounter significant governmental approval and barrels for low, mid and high 50 kilometres south of Hai hydrocarbons. rig availability. cases respectively while the Phong City and in water recoverable gas volumes are depth of 28 metres. SPC and its partners are OYONG likely to be in the range of currently evaluating the well According to a recent interim 80-97-103 billion cubic feet Thai Binh-1X will test the results. There are plans for analysis by Santos, the co- for low, mid and high cases hydrocarbon potential of further appraisal drilling, venturer and the operator of respectively. keppelite the Miocene sands within a including a third well, the Sampang PSC, the
Keppelite I October 2006 14 Business
Naming Keppel Norway
Offshore and Marine ASA (O&M) in Norway is now a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), since 12 September 2006. Mr Inge Oliversen has been appointed as CEO of O&M, which will be renamed Keppel Norway.
Engaged in offshore and marine-related product engineering and fabrication services, O&M is presently undertaking several important projects for sister companies in the Keppel O&M group.
The company is supplying AC The new standard-setting AC Wireline Unit™ ready to slip out power drive systems for a series of offshore jack-up drilling rigs being constructed by Keppel FELS, Above the line in technological standards as well as the main propulsion electrical power O&M’s proprietary relevant rules and eliminates the need for packages for two ice- technology in the AC regulations, optimising diesel engines, hydraulic breaking vessels under Wireline Unit™ has set a ergonomics and efficiency, power packs, hydraulic construction by Keppel new industry standard. The and changing working hoses, hydraulic valves, Singmarine. company was nominated procedures for operators. pollution and oil leakages. for the ONS 2006 The wireline unit is calm O&M is a leading supplier of Innovation Awards under Wireline operations involves and stress free, providing power and automation the “New standard for the use of a small-diameter the perfect working systems, drilling and wirelining” category. The metal line to carry tools and conditions for operators production systems and Awards are aimed at logging devices down into to concentrate on the integrated projects and stimulating technology the bore hole to deliver vital wireline operation.
compact yard services. keppelite innovation in the information to well petroleum and related operators, geologists and Human failures caused by energy sectors. engineers, and, at times, to stress, and ailments caused perform a variety of well by poor ergonomics will no The AC Wireline Unit™ stimulation processes such as longer be a factor in has become the standard perforating. O&M’s AC Wireline bearer in the wireline Units™. industry by fulfilling all O&M’s AC technology
Keppelite I October 2006 Business 15
Another on-time KFELS Super B delivery
Keppel FELS is on course to targets that lie much deeper ago. Construction of the environments and deeper deliver another KFELS Super than what we have other three rigs is also underground. B Class jackup drilling rig to experienced in the past. progressing well, according repeat customer, Sinvest ASA to schedule.” Mr Rose continued, “From (Sinvest) on time and within “The enthusiasm and ensuring excellent safety budget. competence displayed by Rigs built to the KFELS Super standards to equipping the Keppel FELS in developing B Class design are equipped rig with leading edge Mrs Evelynn Worum, this unique design is with cantilever skid-off technology, Keppel FELS has Lady Sponsor and wife of remarkable. It also meets our capabilities and high capacity proven itself to be a world Mr Geir Worum, Chairman expectations with regards to hook load of two million class designer and builder of of Sinvest, named the rig technical solutions and pounds for operations in rigs. Deep Driller 3 at a ceremony workmanship.” high temperature and high on 14 October 2006 at pressure wells. “Premium Drilling is extremely Keppel FELS. Mr Choo Chiau Beng, proud to operate Deep Driller Chairman and CEO of Hailed as one of the world’s 3. I believe that we have the The jackup drilling rig is the Keppel Offshore & Marine deepest drilling rigs, the best crew to operate the most second of five KFELS Super B (Keppel O&M), the parent KFELS Super B Class rigs are technologically advanced Class rigs that Keppel FELS is company of Keppel FELS, capable of operating in water rig.” constructing for Sinvest. The said, “The naming of Deep depths of up to 350 feet first rig, Deep Driller 2, was Driller 3 is also a celebration and high pressure high Deep Driller 3 will be the first delivered on time in April of a milestone in our temperature deep drilling of offshore jackup drilling rig to 2006. successful partnership with down to 35,000 feet. be registered in Singapore our valued customer, Sinvest. since the Maritime and Port Mr Bill Rose, President and This design has been Authority of Singapore (MPA) CEO of Premium Drilling, “I am proud to share that she developed to meet the opened its Singapore shared at the ceremony that will be yet another on-time requirements of drillers for Registry of Ships (SRS) to Deep Driller 2, which is and on-budget delivery, just more powerful jackups as the include offshore industry currently operating for like Deep Driller 2, when it search for hydrocarbons mobile units in January 2005.
Brunei Shell Petroleum, is was delivered six months moves into harsher keppelite now on its fourth well with zero down time and no loss time incidents. Mr Rose also mentioned that when completed, Deep Driller 3 will be contracted to Shell next year, demonstrating Shell’s confidence in the rig and in Premium Drilling.
Said Mr Tomas Norrby, MD of Deep Drilling Invest, “The Super B Class was developed by Keppel FELS to meet our Lady sponsor (centre) Mrs Evelynn Worum, with key executives from Keppel FELS, Aban Offshore, Sinvest, Deep Drilling Invest and Premium tailored needs of reaching Drilling, names Deep Driller 3
Keppelite I October 2006 16 Business
Keppel Kazakhstan launches first barge
“It is our hope that know-how and skill sets are transferred from Singaporean talents to our Kazakh work force to build up a pool of qualified tradesmen here, that will not only benefit future projects undertaken by Keppel Kazakhstan, but also the industry as a whole.”
Through Keppel Kazakhstan, Kazakhstan’s first shipyard, over one thousand locals have access to job opportunities, through direct Mr Yick Ping Wong, President of Keppel Kazakhstan describing the AKKU1 to His Excellency President Nazarbayev and indirect employment. Furthermore, the yard has Keppel Kazakhstan, a unit of Thereafter, the remaining training and growth of the collaborated with local Keppel Corporation Limited parts of the contract which local industry in the schools to develop through Keppel Offshore & include the other barges, the realisation of the project’s educational and training Marine (Keppel O&M), has pipe racks and other development. programmes to equip the launched transportation structures will be delivered workforce. barge AKKU1, built for Agip progressively. Mr Yick Ping Wong, Kazakhstan North Caspian President of Keppel Keppel Kazakhstan is located Operating Company N.V. The project was awarded Kazakhstan, said, “Keppel in the seaport city of Aktau (Agip KCO). last year at approximately Kazakhstan is proud to be a on the north-eastern part of US$150 million. It will part of this new and exciting the Caspian Sea, set up in The launch marks a support the development of development at Kashagan. It April 2003 to participate in significant milestone as the Kashagan oil field. is committed to develop a and contribute to the AKKU1 is the first offshore modern facility that will emerging offshore oil and vessel ever built in Kashagan, which has benefit the local Kazakh gas industry in the Kazakh Kazakhstan. His Excellency recoverable reserves of up to economy. Sector of the Caspian Sea. Mr Nursultan A Nazarbayev, 13 billion barrels, is one of President of the Republic of the largest fields discovered “The launch of AKKU1, is Keppel Kazakhstan Kazakhstan, graced the over the last 30 years. The oil also a celebration of an complements its sister yard, launching ceremony. and gas sector is the engine achievement by our local Caspian Shipyard Company that drives the Kazakh people, who have worked (CSC) in strengthening AKKU1 is one of four barges economy and the Kashagan hard hand in hand with their Keppel O&M’s presence in
that Keppel Kazakhstan is project is expected to Singaporean counterparts the Caspian Sea. keppelite constructing for Agip KCO. make positive contributions towards the completion of Delivery of this barge is in the areas of employment, this flagship project. expected within this year.
Keppelite I October 2006 Business 17
Sea of Opportunities While assisting in the launch ceremony of Keppel Kazakhstan’s first offshore vessel in Aktau, Diana Chan from Group Corporate Communications learnt how Keppel’s yards in the Caspian are well-poised to seize the sea of opportunities before them.
Located at the northeastern “When I first joined the shore of the Caspian Sea, company, I saw a big, empty Aktau, which means “white piece of land scattered with mountain” in Kazakh, is so a few cargo cabin offices. named because of its cliffs Now, our administrative staff that overlook the sea. While works in new and well- I did not see a “white equipped offices. And look at mountain” in our yard there, the AKKU1! It gives me great what I saw was the pride to see such a huge equivalent of a mountain- vessel and know that it is moving task, well done. built from scratch by our people at our yard.” Having overcome the initial Diana (third from left) is right at home with Keppel Kazakhstan team in Aktau teething problems of new Our people at Keppel setups, Keppel Kazakhstan Kazakhstan have certainly he shared, “I remember substantial pool of had seen much progress come a long way in getting watching the locals on manpower resources for the since its incorporation and the business off the the streets. Despite the industry to take off. has successfully pioneered a ground and charting new widespread poverty here, marine industry in Aktau. milestones. On the personal people take effort and pride Well-known for its caviar but and professional front, it in dressing neatly and more importantly for its huge The first phase of the yard’s has been a memorable properly. Also, almost every oil reserves, the Caspian Sea development, which includes learning experience for many public toilet I’ve visited here is of profound significance to ground preparation and Keppelites, especially those is clean, unlike those in other the region’s political, the building of new facilities from Singapore. developing cities. economic and environmental such as the workshop, future, as well as to the world administrative offices, “When we first arrived, “These are little telling tales in consideration of rising changing rooms, security simple daily necessities that and insights that really global energy needs and offices, has been completed. we take for granted back impressed me. Here are a relative political instability in Marine works such as the home in Singapore were self-respecting people and I other oil-rich regions. dredging of the waterfront difficult to find. Just take believe that they will prosper are also close to completion. toilet paper for instance. I and have a bright future.” There, in the midst of had to buy and try several ongoing oil exploration and The next phase, which is brands because no matter Today, training and related activities, Caspian already underway, involves what you did, it just tore !”, transferring of necessary Shipyard Company in Baku the building of a new one of several funny skills and knowledge from and Keppel Kazakhstan in fabrication and assembly anecdotes that Mr Yick Ping foreign workers to the local Aktau are sister yards on workshop, pipe shop and Wong, President of Keppel workforce, through learning opposite shores that others. Kazakhstan shared with me programmes and on-the-job complement Keppel’s “near over dinner. training at Keppel market, near customer” Saule Sharipova, the Head of Kazakhstan are steadily strategy in the Caspian Sea.
Human Resources, shared, Another interesting insight building up a qualified and keppelite
Keppelite I October 2006 18 Business
P-51 takes shape
Keppel FELS Brasil is on-track in Singapore and the of the lower hull; as well Meanwhile, sub-contractor with the construction of one upper hull in Brazil, the the commissioning and Nuclep is responsible for of the world’s largest floating construction of P-51 is pre-operations start-up for building the 16 pontoon production units (FPU), the completely undertaken in P-51. blocks and seven of the 12 P-51. The project is over 60% Brazil, except for the four column blocks, plus four completed. This project bears 1,000-tonne column nodes Assembly of the lower hull, topside corner blocks. the hallmark of vigilance, which were completed by deckbox and spiderdeck is teamwork, safety and Keppel FELS in Singapore in ongoing. When ready, the Work on the pontoon blocks technical excellence. December 2005. deckbox will be skidded over are in progress and these will the floating barge, FS-1, in be welded before they are VIGILANCE “There is a sense of end-2006 before installation coupled to the column There is a Brazilian saying excitement and pride in of the process modules nodes. These blocks will which says, ‘the eye of the BrasFELS. Brazil has never commences. Both the then be transported to the owner makes the chicken built a complete FPU before deckbox and spiderdeck BrasFELS yard to form parts fat’. due to the lack of will then be joined in of the two ‘C’ sections of the technology. P-51 will be the early-2007. lower hull. In a similar vein, Project first and this is a significant Director José Pedro Mota milestone in our nation’s Over at Keppel FELS Brasil’s Once completed, BrasFELS too has been vigilantly history”, said a beaming Niteroi facility, the yard is will undertake the watching over his José. busy manufacturing four integration of the two ‘C’ “chicken”– the development topside modules for the P-51 sections to form the of P-51. TEAMWORK FPU. complete ring pontoon of The construction of P-51 the lower hull in the last José shared, “P-51 is a mega takes place across three The first and second levels quarter of 2006. Both project that requires massive locations in Brazil. for two of the modules sections will be floated, effort. Therefore, I have to have been assembled. At the undocked and mated, using keep my eyes open and my Keppel’s BrasFELS yard in same time, construction of the temporary cofferdams senses alert at all times.” Angra dos Reis will the first floor structural method similar to that of undertake the building of the blocks for the other modules P-52 in Singapore. Unlike its sister vessel P-52, lower hull, deck box and is underway. whose lower hull was built accommodation; integration
Keppel FELS Brasil’s Niteroi yard is undertaking the construction of P-51’s four topside modules
Keppelite I October 2006 Business 19
“Your devotion has been fundamental to this major accomplishment,” Petrobras’ Marina Fachetti Barbosa (left) to workers at BrasFELS
Said José, “There are so EXCELLENT SAFETY paid off. In September 2006, LOOKING AHEAD much exciting things STANDARDS the P-51 team was lauded for Come 2007, major happening on P-51. The Wit and skills alone are not achieving four million milestones are expected to journey is tough, but what enough to see through this manhours without loss time be charted, including the keeps the team going is the mammoth project. incident for work at the offshore mating of the upper end result – a megastructure BrasFELS yard and Nuclep and lower hulls and that is built almost José was quick to mention facility. integration of topside completely in Brazil!” the most crucial factor that modules. will see the success of P-51 Petrobras’ P-51 Project Thankfully, the team has is safety. He shared, “We can Director and Marlim Sul Fields Similar to P-52, the offshore P-52 as a learning model. plan all we want and work Asset Manager (Engineering) mating for P-51 is considered With P-51’s construction very hard to complete the Marina Fachetti Barbosa one of the most challenging about a year after P-52’s, the project, but if safe practices congratulated the team phases in the project. team has gleaned valuable are not instilled and personally in an award “do’s and don’ts” to further followed, then everything presentation ceremony To be carried out in three improve the construction of that we do is in vain! witnessed by thousands of stages, the first entails P-51. Brazilians were also yard workers. placing the deck box and sent to Singapore to “That is why I make it a modules onto the lower hull understudy the construction point to spend time every A plaque presented to the structure. After which, the of the lower hull of P-52. week walking and talking P-51 team at the BrasFELS spider deck will be hoisted to our people on the yard, reads, “We (Petrobras) to the topside before “Our Brazilian guys ground. Nothing beats thank FSTP and BrasFELS for installation of the burner benefited tremendously finding out issues they face attaining this milestone in tower. from their trip to Singapore. at work and working with the P-51 job at Angra dos The exchange of ideas them to find the best and Reis and Nuclep. For now, the P-51 team is and transfer of technology safest solution for their hard at work as they remain will be very constructive to problems.” “Your devotion has been committed and focused on the successful completion of fundamental to this major completing a quality FPU for
P-51”, José commented. José’s efforts have certainly accomplishment.” Petrobras. keppelite
Keppelite I October 2006 20 Business
What is crude oil? Here are more oily truths. Keppelite continues to bring you more info-educational pieces to grease your knowledge.
CREATION OF CRUDE CONSTITUENTS OF Crude oil originates from the CRUDE residue of organic waste, Crude oil is a mixture of primarily microscopic petroleum liquids and gases plankton floating in seas, and compounds in various also land plants, combinations. By itself, crude accumulated at the bottom oil has few direct uses. It has of oceans, lakes and coastal to be processed in a refinery areas. to turn it into useful products.
Over millions of years, this The residue catalytic cracker complex at SRC organic matter, rich in carbon The first refineries were no and hydrogen atoms, was more than a still, where out chemical processes naphtha to high octane collected beneath crude is boiled to different known as “cracking” or reformate used in motor succeeding levels of temperatures to remove “conversion” in which crude gasoline production; sediments. Pressure and unwanted impurities with oil molecules undergo major • Hydrocracker Complex underground heat “cooked” minor changes to the restructuring. The result is an which produces high the plant matter, converting chemical properties. increase in the quantity of quality and low sulphur into hydrocarbons – oil and higher quality products such middle distillate products natural gas. In the refining process, each as gasoline and jet fuel and from heavy fuel oil of the petroleum liquids and a decrease in the output of components; This tiny droplets of oil liquids gases compounds is isolated such lower value products as • Visbreaker unit which migrated through small or separated into their fuel oil and asphalt. upgrades heavy residues pores and fractures in the constituent parts. This is by thermal conversion to rocks until they were trapped accomplished by heating or SRC selects the crude and distillates and fuel oil with in permeable rocks, sealed by thermal distillation. The decides on the product slates a low viscosity, providing shale rocks on top and various components vaporise to maximise profitability, more flexibility for SRC to heavier salt water at the at different temperatures within the mandate of its meet the changing bottom. and then can be condensed two shareholders, Singapore demands of the market; back into pure “stream”. Petroeum Company (SPC) and Typically, in such a reservoir, and Chevron. • Residue Catalytic Cracker the lightest gas fills the pores Some streams can be sold as Complex which processes of the reservoir rock as a “gas they are. Others are put Products from SRC include heavy, low grade residual cap” above the oil. When the through further processes to liquefied petroleum gas, oils into materials ranging drill bit penetrates the obtain higher value added chemical naphtha, motor from olefinic light ends and reservoir, the lower pressure products, and such can only gasoline, kerosene, jet fuel, gasoline to diesel and fuel
inside the bit allows the oil be carried out in more diesel, low sulphur fuel oil, oil components. keppelite fluid to flow into well bore complex refineries such as bunker fuel oil, asphalt and and then to the surface as a Singapore Refining Company sulphur. Sources: flowing well. What comes to (SRC) where investment is The Prize: The epic quest the surface is hot crude oil, huge. The “conversion” facilities at for oil, money & power by sometimes accompanied by SRC comprise: Daniel Yergin natural gas. CONVERSIONS OF CRUDE • Catalytic Reformer SRC website at SRC is capable of carrying Complex which upgrades www.src.com.sg
Keppelite I October 2006 Business 21
Keppel T&T powers up with iCELL
Keppel Telecommunications iCELL is a member of the school wireless networks growing number of data- & Transportation Ltd (Keppel NEAT Technology Group, a with over 60 schools being centric device users that T&T) has, through its wholly- privately held IT distributor, provided with wireless require wireless internet owned subsidiary Keppel retailer, exporter and system broadband by iCELL. access.” Communications Pte Ltd, integrator. agreed to subscribe for Mr Lam Kwok Chong, MD of Mr Ken Chua Thiong Kien, 64,288 ordinary shares (the iCELL is the operator of more Keppel T&T, said, “This CEO and Director of iCELL “Subscription Shares”) in the than 400 hotspots in acquisition will allow Keppel said, “We are delighted to capital of iCELL Networks Pte Singapore. Recently, iCELL T&T to participate in the have Keppel T&T as a partner. Ltd (iCELL) for S$1.5 million was awarded by the growth of iCELL in tandem Keppel’s expertise in network in cash, giving it a 30% stake Infocomm Development with the nation-wide wireless planning, design, deployment in iCELL. Authority of Singapore (IDA) broadband initiative, as well as significant the tender to provide public Wireless@SG. regional presence will add The sum of $1.5 million shall, wireless broadband zones by substantial strategic and upon completion, be paid installing and operating a “iCELL is well positioned to operational value to iCELL. into iCELL and was agreed network of internet hotspots tap opportunities arising This will sharpen our upon by the parties on a in the eastern zone of from the changing wireless competitive edge as we willing buyer willing seller Singapore. In addition, iCELL broadband landscape to rollout Wireless@SG.” keppelite basis. is the leading integrator of meet the needs of the
Committed to corporate best practices
Keppel Land is part of the professional development and governance in Keppel Annual Report Award founding group of programmes in investor Land. category at the inaugural 16 Charter Members which relations. Singapore Corporate Awards has established the Being a Charter Member of 2006, in the category of first Investor Relations Through this process, the IRPAS is a natural extension listed firms with a market Professionals Association in association hopes to help of our continued efforts capitalisation of $500 million Singapore (IRPAS). members achieve greater towards best practices in the or more. industry recognition, area of shareholder and IRPAS comprises investor promote best practices, and investor communication.” The Company was also relations officers (IROs) and set the pace for progress in ranked fourth out of 535 other senior executives from this field. Keppel Land has always been companies reviewed for companies listed on the commited to high standards companies’ effectiveness in Singapore Exchange (SGX). Ms Serena Toh, Assistant GM of corporate governance. communicating pertinent of IR & Research, Keppel and meaningful financial It provides a platform for Land said, “Communication In recognition of its information at the practitioners to exchange with investors is taken very excellence in financial Business Times Corporate views and share experiences, seriously as part and parcel reporting, Keppel Land won Transparency Index as at as well as organise regular of corporate transparency the Gold Award in the Best September 2006. keppelite
Keppelite I October 2006 22 Business
Showcasing the best Keppelite trots the globe with Keppel Offshore & Marine (Keppel O&M) as it presents its expertise and know-how in various activities and events organised by industry partners.
MARTECH, SINGAPORE Challenges” was held at the At MARTECH 2006, an Riocentro Convention Center international Maritime of Rio de Janeiro. Conference and Exhibition organised by Singapore The centrepiece at Keppel’s Polytechnic’s Singapore booth was a model of Maritime Academy (SMA), the mammoth floating Keppel O&M’s Managing production platform (FPU), Director (Special Projects) the P-52. Progress pictures Mr Charles Foo shared key and a video on the insights on the opportunities construction of P-52 gave in the offshore sector and many an insight into the new technologies in the making of Brazil’s iconic maritime industry. project.
VIETNAM OIL & GAS, MARITIME OPEN HOUSE, VIETNAM SINGAPORE Together with Singapore In a bid to attract talents to Petroleum Company (SPC), the industry as well as launch Keppel O&M also the new pier at Marina The P-52 model was a major draw at the Rio Oil & Gas in Brazil. Keppel FELS Brasil is constructing participated in the Vietnam South, the Maritime and Port this floating production unit, which when completed, will be the world’s third largest Oil & Gas Expo in Ho Chih Authority of Singapore (MPA) Minh City, Vietnam. The organised a maritime open it held its “Singapore, Our PHILIPPINES NATIONAL three-day exhibition saw house on 30 June 2006. Maritime City” exhibition at MARITIME WEEK some 95 companies from the National Library (Victoria “Safety is no accident and is 23 different countries The event featured several Street) from 17 – 31 October the result of diligence, representing the Oil and Gas of Keppel’s models. They 2006. vigilance and education.” industry. include a semisubmersible and a jackup rig, a Floating Apart from attracting talents That was the message RIO OIL & GAS, BRAZIL Production, Storage and from school leavers to mid- Keppel Cebu Shipyard “The Pioneer, the bigger, the Offloading (FPSO) facility and career changers, the successfully imparted to the best!” was Keppel FELS a Anchor Handling Tug/ exhibition aimed to reach out maritime students, shipping Brasil’s message to over Supply (AHTS) vessel. to the public and raise operators, marine surveyors 27,000 people who visited awareness of the maritime and the general public during the Rio Oil & Gas 2006 Expo MARITIME OPEN HOUSE industry as well as educate the annual National Maritime and Conference. @ THE NATIONAL the public on the Week held on 24 to 30 LIBRARY, SINGAPORE contributions of the marine September 2006 at the SM The event, aptly themed Joining the industry’s efforts industry towards the Cebu City Entertainment
“Brazilian Oil Self- to woo talents, Keppel O&M progress and growth of Plaza. keppelite Sufficiency: A New Era supported the Singapore Singapore. of Opportunities and Maritime Foundation when
Keppelite I October 2006 Business 23
A Royal success TradeOne Asia helps Royal Furniture achieve significant cost savings.
After just one project, Although Royal Furniture Due diligence on supplier Finally, TradeOne Asia carried procurement specialist believed that they were qualification and sample out production scheduling TradeOne Asia has already already getting very collection were also carried and logistics optimisation helped Guangdong-based competitive prices for their out on short-listed suppliers to ensure that the Royal Furniture achieve over supplies, TradeOne Asia to ensure quality acceptance recommended supplier could 7% savings. convinced Royal Furniture to by Royal Furniture. fulfil Royal Furniture’s explore other global suppliers specifications. Royal Furniture is one of the who may be able to meet TradeOne Asia also carried leading furniture makers in their requirements at a lower out site audits of the This is a landmark success for China. Founded in 1994, price. three suppliers shortlisted TradeOne Asia as it was very Royal employs over 4,000 to qualify them for difficult to source for a China people and has one of It took three weeks for negotiations. During the site company which is located in the largest sales network TradeOne Asia to source for audits, the team inspected a low-cost country itself! It is in China. Experiencing Royal Furniture, spanning the logistics and handling a validation of TradeOne exponential growth in its across countries such as capability of the suppliers, Asia’s value proposition and business, Royal Furniture has Malaysia, China and reviewed the financials and strong sourcing capabilities a sizable spend on medium Indonesia. Over 80 suppliers management stability of the as the team realise density fibre (MDF) boards, a were considered. supplier company and immediate cost savings for key material in furniture looked into various other Royal Furniture. manufacturing. However, A comprehensive and aspects such as quality the company does not thorough Total Cost control process and HSE Royal Furniture is excited possess a professional Modeling was carried out (Health, Safety and about the cost savings that sourcing team and works to determine the true Environment) issues. TradeOne Asia has achieved with regular suppliers within competitiveness of the on just one project and is China to supply MDF boards. suppliers’ offers. eager to work with TradeOne Asia on other spend categories that they have on hand, including alloys, glass, paint, rails, handies and hinges.
Mr Michael Chan, Financial Controller of Royal Furniture said, “TradeOne Asia has impressed us with their professionalism and their regional supplier network in strategic sourcing. I would like to express our appreciation for the spend management best practices advised by TradeOne Asia.”
keppelite
Mr Michael Chan (right), Financial Controller of Royal Furniture, thanking Mr Trevor Fong, General Manager of TradeOne Asia, for a job well done
Keppelite I October 2006 24 Special Focus
...continued from back page. Keppel seals landmark contracts in Qatar
The Middle East countries the Middle East to secure This year alone, Keppel has are developing very rapidly more projects. We will secured several contracts for as their governments leverage our established WTE plants in China and seek to diversify their track record in offering both Europe. countries’ economies and our water and thermal reduce dependency on oil waste treatment solutions These two contracts will help and gas income. to clients in this region,” propel the Infrastructure Mr Chua added. division to become a There is urgent demand for significant contributor to basic infrastructure to Outside the Middle East, the the Keppel Group. The support economic growth, recent ban of landfills in Infrastructure division is especially for water resources Germany has heightened expected to contribute about management and waste the need for new waste 10% to the net earnings management. treatment, opening up of Keppel Corporation for further opportunities in the next three years,
“Keppel will continue to the European market for commencing 2007. keppelite tap the vast opportunities in Keppel.
● Waste Transfer Station ● Solid Waste Management Center
Keppelite I October 2006 25
Integrated Waste Management
The Integrated Waste waste as a “resource”. sent to the compost • In countries where Management concept Pollution to the environment plant where it will be WTE plants are situated radically reduces the is also minimised due to the biologically treated. near to industries or amount of waste that is use of the most advanced residential areas, such sent to landfill, by reducing flue gas treatment The end product plants can generate the amount of waste to technology which meets the compost will be used by steam for district be incinerated through most stringent emission the Government of Qatar cooling or heating, composting and recycling, standards – EU II standards. as fertiliser or soil instead of generating thus extending the conditioners for urban electricity expected life of landfills Waste upon transfer to the greening projects. and reducing the amount waste management center is In line with the of land that needs to be set separated in the entrance 3) Only the non-recyclable environmentally friendly aside for future landfills. In area into three streams: and non-compostable operating philosophy, the process, useful waste stream will be wastewater from the resources such as fertilisers 1) Recyclable material such channeled to the WTE workers’ accommodation and electricity are as metals, plastic and plant to be burned to building, the compost plant produced. glass, which is recovered generate electricity. and the WTE plant is for sale to dealers in • This is a form of collected at the wastewater This presents a sustainable recyclables, will be an renewable or even green treatment plant where it is approach to waste incremental revenue energy and under the treated for reuse. management, where the source. Kyoto Protocol ratified on concept of “waste” is 15 Feb 2005, it attracts replaced by the concept of 2) Organic waste which is carbon credits.
Keppelite I October 2006 26 Special Focus
Growing the infrastructure business At the press & analyst briefing on the Growth Strategies of Keppel Integrated Engineering (KIE) & Integrated Solid Waste Management Project in Qatar on 19 October 2006, Group Finance Director Mr Teo Soon Hoe and CEO of KIE Mr Chua Chee Wui, outlined the growth platforms of Keppel’s infrastructure division and the growth strategies of Keppel’s environmental engineering business respectively.
Keppelite re-produces Mr Teo’s speech.
POSITIVE ENVIRONMENTAL OPPORTUNITIES At the turn of the century, Keppel Group had identified the Infrastructure business to have growth prospects. We then set out to acquire the appropriate technologies and to invest in R&D to apply the acquired thermal and water technologies in differing markets.
Growing Infrastructure Portfolio On the demand side, we see increased opportunities for infrastructure solutions and power generation is also GROWING barges would be operating services globally. strong. INFRASTRUCTURE out of Ecuador. PORTFOLIO Rapidly growing economies Global energy demands are In the last few years, we have SCOPE FOR MORE have fueled the need for poised to increase made significant inroads in PROJECTS more efficient waste and significantly, and issues of power generation and We are currently in a good water management systems. energy security are pushing environmental engineering, position to secure more More and more countries are more and more countries to particularly in waste-to- projects in our areas of also capitalising on carbon look seriously at using energy and water treatment. operation. credits achieved from diversified fuel sources to adhering to the Kyoto meet their needs. By the end of this year, our SIGNIFICANCE OF QATAR Protocol’s emissions cogeneration power plant PROJECT reduction standards. The growing trend of and NEWater projects in This landmark project in privatisation of national Singapore would be Qatar will boost KIE’s FAVOURABLE POWER power assets also opens up completed. Our incinerator earnings for the next three GENERATION OUTLOOK investment opportunities. project would be generating years and provide a steady Worldwide demand for income from 2009. Also, by baseload from operations & this year-end, our power maintenance for another 20
Keppelite I October 2006 27
Drum which is our recycling packages and EPC contracts. technology that pre-treats Such a business model is and sorts out the subject to very lumpy waste leaving a more revenue streams. homogeneous, volume- reduced mixture for To have a more sustainable combustion. earnings model, the way forward is to operate such The core of the WTE facilities that we design and technology lies in the Multi- build, as it would offer Stage Grate furnace, where recurring earnings, and
Increasing Infrastructure Contribution the calorific value of the because we are the inventor, waste is extracted. The flue creator designer and builder gas processes ensure the of such plants, nobody else years. This is achieved KIE’S TECHNOLOGY optimal removal of toxic is better placed to operate a without the need for capital CAPABILITIES substances from the waste plant because we know the investment. KIE owns two categories of gases before they are full characteristics of such in-house technologies and released into the plants. While Keppel Seghers Following from this solid processes: environment. has built and operated waste management project various plants in Europe and in Qatar, we shall pursue The first category is thermal All the thermal technologies Asia, the Qatar project is by more such infrastructure technologies. These are reduce wastes, whether far the most significant of projects in the Middle East. mainly for treatment of solid municipal, industrial, such projects that KIE has waste. Thermal technologies hazardous, to fully inert undertaken. The returns INCREASING used to treat Municipal and solids which can be safely from the Qatar project will INFRASTRUCTURE Industrial waste streams are released into the enable KIE to build up its CONTRIBUTION usually coupled with energy environment, and at a resources for future growth. This Qatar project is an recovery systems to capture fraction of the original waste important tipping point in useful heat energy which volume. Taking the design, build, our attempt to build another can then be used for operate model one step growth platform for the heating or cooling purposes, TREATING THE ENTIRE further, Keppel is selectively Group. and for steam and power WATER CYCLE pursuing infrastructure generation. Our various water treatment development and investment The several projects we have solutions are scalable and opportunities as well. We embarked upon both in The second category is water modular, and together have already invested in Singapore and elsewhere, treatment technologies enable the treatment of a 800 ton per day WTE plant will add to the Infrastructure which harness biological and wastewater for responsible (Singapore’s first incineration base of earnings. membrane processes. This disposal or reuse and plant to be built under the combination of technologies consumption. Public-Private Partnership Part of the increasing income is particularly well suited for (PPP) initiative) and a would be ploughed back to treatment of wastewater for KEPPEL’S 148,000m3 per day enhance our technologies re-use. ENVIRONMENTAL NEWater plant in Ulu so that we can continue BUSINESS MODEL Pandan, which will be the to sustain Infrastructure’s These two categories share KIE’s environmental business largest water recycling plant significant contribution to a common trait of recovering model combines its two core in Asia. These are flagship the Group’s bottomline in the useful resources from waste. competencies, Technology investments made by years to come. with Project Management Keppel in environmental ESTABLISHED THERMAL infrastructure. Having these Keppelite re-produces TECHNOLOGIES Historically, the bulk of the home-ground assets are Mr Chua’s speech. We have the patented Dano revenue came from selling essential when marketing to
technology and equipment overseas clients. keppelite
Keppelite I October 2006 28 Team
Keppelite I October 2006 Team 29
Growing beyond the challenges of today
Keppelites ready to grow beyond – here, lending their talents for the Keppel Campaign
Can you see it? Can you do a vibrant and robust it? Group that can generate We have done relatively well these sustainable growth against past 5 years. And we owe it to the Keppelites not only can see an increasingly competitive, dedication and commitment of every it, we can do it and do it well. complex and challenging This is reflected in the sterling global backdrop. Keppelite who has turned great ideas record results we have into winning products and services. achieved together in recent And we are inviting the best years. and brightest to join us so Going forward, I believe there are that we can build an even even more exciting times ahead for Today, over 29,000 stronger and more diverse Keppel and all Keppelites. Striving Keppelites rally in 30 workforce as part of the countries across the world exciting business expansion together, we shall Grow Beyond. with one common objective. plans ahead of us. Mr Lim Chee Onn, Executive Chairman, Keppel Corporation Through our collective efforts, we seek to build Across the Group, deliberate for all Keppel stakeholders and systematic efforts to Continues on page 30...
Keppelite I October 2006 30 Team
...continued from page 29.
recruit and retain Keppelites events and activities. A new For some scenes in the was very happy to be one of are ongoing. Early this year, website “Careers@Keppel”, television commercial the few picked for the small a series of new management highlighting career involving close-ups of group scenes. When I went and career development development and Keppelites at work, auditions for auditions, I had only programmes was launched opportunities in the Group were held to cast the talents. joined the company for less and more Keppelites can for both existing and aspiring The auditions drew more than a week but I wanted to expect to participate in them Keppelites, has also gone than 100 Keppelites from feel a part of the Group as efforts gain momentum. live. across the Group. immediately.”
With a keen eye into the Even before the ‘Grow One such talent was Goh The culminating ‘hero’ future, we want to strongly Beyond’ campaign was Rong Yi, Accountant from group shot was a sight to communicate our brand, launched, there was already Group Control & Accounts behold – it was the united global span, growing much buzz and excitement who shared, “Several of us nation of Keppelites, 190 of businesses and the Keppel among Keppelites. More from the department went them in different race, team. It is timely and importantly, there was a for the auditions, curious gender and professions, opportune. great sense of ownership. about the campaign and standing proud against keen to be a part of the Singapore’s cityscape. With the two-prong Many Keppelites participated excitement and the creative objective of branding and in and contributed to the process.” Group Human Resources talent attraction, the ‘Grow Campaign with their ideas coordinated this massive Beyond’ campaign was and talents. In fact, the Eventually, 10 lucky effort. Agatha Goh, Senior developed and launched television commercial Keppelites were picked. One Executive, Group Human over television, print media featured our very own of them was Ryan Wong Sze, Resources said, “I have been and the web and will be Keppelites, 190 of them to a returning Keppel Scholar with Keppel for over nine carried through various be exact, as ‘the stars’. from Keppel T&T. He said, “I years and I am proud to be part of this milestone project. It was very heartening to see such a great turn out. It was with the close-coperation of the business units’ HR teams that has made this happen. This goes to prove the Keppel Can Do! spirit runs across the Group.”
Ryan echoed Agatha’s sentiments, “I was pretty amazed by the diversity and range of culture across the Group. I did not know we had colleagues of so many nationalities and there were people in overalls talking to people in suits and so on. I guess we need every Keppelite to play their part to make Keppel the
employer of choice.” keppelite
Check out career development and opportunities in the Group at Careers@Keppel
Keppelite I October 2006 Team 31
Continues on page 32...
Behind the scenes
Filming on deck of the Deep Driller 3 was a windy affair but our Keppelite talents stayed rooted to their cause
The belles of Keppel: Teo Poh Ling (centre) was mistaken for a celebrity while Award-winning Director Matt Wilson, an Australian, is no stranger to Singapore having shot many noteworthy filming at the Caribbean and was approached for an autograph television commercials here – even then, he found filming with Keppelites and onboard a mega structure an uplifting experience
Even between breaks, Keppelites will whip out their laptops and continue to For the final ‘hero’ shot, 190 Keppelites turned on their megawatt smiles to light up the scene work wherever they are
Keppelite I October 2006 32 Team
...continued from page 31.
Can do in 45 seconds Ang Lai Lee from Keppel Group Corporate Communications shares his thoughts working on the Keppel campaign.
190 Keppelites, five campaign where I felt months of planning, overwhelmed by the swirl of conceptualisation and near impossible deadlines production, dozen of trips and challenges. After all, up and down Keppel how do you capture our yards, two months of diverse businesses, global computer graphics, two span, technology and the days of filming, and it all passion of Keppelites in 45 culminates in 45 seconds. seconds ?
It all began with a simple But there were so many brief. We needed an moments more which were integrated campaign that inspiring and invigorating would meet our two- such as the creative process, prong objectives of the overcoming of challenges
branding and talent with solutions, the Lai Lee making himself heard as he rallies 190 Keppelites for the finale shot. The other attraction. And we would camaraderie and the proud ‘herdsman’ Agatha Goh from Group HR (extreme right) cheers him on need to rally Keppelites ownership of Keppelites. across the Group behind it. glamour of television, we One moment brought it Can I see it? Sure. When we went on our must present Keppel all home for me – the roadshows for a ‘buy-in’ to authentically. gathering of 190 Can I do it? our campaign in the various Keppelites who turned up business units, we could How we will grow beyond at short notice, stood tall I have to confess that there sense the excitement but the the challenges of today, here and smiled for the camera were many moments feedback was consistent. in Singapore and across the for over two hours. during the development globe, will depend on our and execution of the That over and above the collective vision and effort.
Download Keppel ringtone
Kudos to Keppelites who sent in their votes online in our ringtone survey, which saw 68% choosing the groove of Sample 1. Now, you can download the Keppel ringtone simply by sending an SMS to 76061 with the message, ‘Grow Beyond’.*
* Only available for phones that can play music ringtones. Standard messaging rates and GPRS rates apply.
Keppelite I October 2006 Team 33
THANK YOU for taking part in the Keppel Campaign
Keppelite I October 2006 34 Team
Reel life at Keppel
There is a hero in every story. MediaCorp’s rising stars Eng Tee, who also wrote safety in the yard is So we have a passionate Dawn Yeoh and Elvin Ng are the hit drama serials paramount, even for stars. protagonist in the exciting cast alongside leading actors “Holland V” and “A New new drama by MediaCorp Christopher Lee, Qi Yu Wu, Life”. The serial is directed by It was a great treat for fans being filmed in our Keppel Jeanette Aw and veterans, Mr Chong Liung Man, Ms Lai to catch glimpses of the yards, both here in Singapore Huang Wen Yong and Lin Liting and Ms Lin Meina, popular MediaCorp Studios’ and Brazil. Mei Jiao. with the dynamic Ms Chia artistes looking like regular Men Yiang as Executive Keppelites, dressed in boiler Against the challenging Soap opera aside, the Producer. suits and helmets. backdrop of the offshore and uninitiated to the industry marine industry, our hero will gain good insights into STAR ON SAFETY Like all Keppel O&M finds big action, high drama the depth and scope of Whether real or reel life, personnel, it was mandatory and of course, love. the offshore, marine and maritime industry and what To be named The Peak makes Singapore the world’s ( ), the drama serial leader. threads the private worlds of its five leading characters, Mr Michael Chia, ED of delicately interlocked Keppel FELS, said, “In recent through their shared years, we have done a lot in experiences in the same co-operation with the industry. As they seek government to promote happiness in their lives, they the offshore, marine and find joy and satisfaction in maritime industry. This TV giving up their own interests drama serial is yet another for people, for passion and step in the same direction. for profession. “The serial would allow us And there is mystery as to appeal to a wider target well… Indeed, much secrecy audience, giving them Talking the talk and walking the walk. MediaCorp artistes went on an orientation of the yard to familiarise themselves with the various locations as well as experience the working guards the script and who greater understanding of the environment plays who in the story as the technological leadership and camera continues to roll in global fame that our industry the yards. has achieved.
Filmed primarily in Keppel “Ultimately, we want to FELS in Singapore, the show young Singaporeans span of this MediaCorp that there are challenging drama serial reaches to the and rewarding careers in this picturesque Keppel FELS industry.” Brasil’s yards in Angra dos Reis and Rio de Janeiro. It The drama serial is by far the also features an international largest and most challenging cast from the two Americas, production for MediaCorp Middle East, Europe, and of in 2006. It is written by their
course, Asia. golden scriptwriter, Mr Ang Safety is key in “The Peak” as Lydia Soh (left) leads the briefing for the cast and crew
Keppelite I October 2006 Team 35
Christopher Lee (extreme left) was star struck by the mammoth P-52 floating production unit for the stars, as well as the filming and they ensure that in Brazil such as a major rush and high-powered rest of the cast and crew, to we work under the safest lifting operation of an action in back to back go through an orientation of conditions. They have accommodation block which scenes, safety continued to the yard and be familiarised strongly impressed upon us took three hours to capture be emphasised from day with its safety regulations. that we should not take our and others out at sea which one, even as cast and crew safety for granted!” required filming from a had to go through the whole The safety induction helicopter overhead. safety drill again. But programme for the BRAZEN IN BRAZIL becoming almost Keppelites, MediaCorp crew was led by If they were awed by mega Our Keppelites even lent they are by now well Lydia Soh, Assistant HSE structures at Keppel FELS, their acting talents as some rehearsed, with the value of Officer, Keppel FELS, and the MediaCorp crew and of them were given cameo safety ingrained in them. supported by Sam Ngui of cast were completely roles such as Keppel FELS Keppel Shipyard. overwhelmed by the Brasil’s Legal & HR Manager, Although it was not almost mammoth P-52 production Richard Robspierre, who was sunny Brazil that they The comprehensive session platform. Finally, the giant a ‘CEO’ of the company; experienced, the warm briefed the stars and crew on that they have read in the BraFELS’ Section Manager friendship and passion of safety dos and don’ts. These script loomed before them. for Painting, Scaffolding & our Keppelites and the included familarising the cast Marine Transport, Nilton scenic landscape left deep and crew on proper safety Over three days at the Sergio S Cardoso and impressions on the wear and identification of BrasFELS yard in Angra dos BrasFELS’ Safety Manager, MediaCorp stars and safety hazards. Reis, it was action, action and Milton Areas, who played production crew. more action as the camera key project personnel for Starlet Jeanette Aw rolled from 6am to 6pm daily. P-52. Watch out for our very More to come on our star- commented, “The Keppel own stars in the making. studded drama serial in team has been taking very Some of the major and most coming issues of Keppelite. good care of us during dramatic scenes were shot Despite all the adrenaline keppelite
Keppelite I October 2006 36 Team
Nurturing talent, driving growth Talent Management is integral to the continued success of Keppel O&M.
To excel in the chosen commended the groups reveals one’s preference for Through the use of the MBTI, segments of the offshore and for their proposals of new attaining information, leaders in the organisation marine industry, talented ideas and their challenging making decisions and can better understand the leaders must be groomed to the conventional. He also orienting their lives. It different individual types and drive further growth and encouraged further studies provides a simple way of are better informed to value-add. Workshops and to be done on the proposed seeing how people are alike develop successful teams courses are some of the tools ideas so that they can be and how they differ by based on the individualities Keppel O&M uses for human shared and implemented grouping them into different that complement each other. capital development. across the Keppel O&M categories based on their It also aids in leadership and group. personality. personal development as A SESSION WITH well as honing teambuilding PROF NEO GETTING TO KNOW YOU Too Lye, Engineering and conflict management As part of its talent To understand fellow Manager of Keppel FELS skills. management initiatives, a colleagues better, the shared, “I find the session on “Management question, “What type are information useful even “It is a meaningful workshop Competencies for High you?” was asked by the though we already know as it helps us understand our Performance” by Professor participants of the Myer that there are many types colleagues better and Neo Boon Siong, Briggs Type Indicator (MBTI) of personality. The MBTI improve our interpersonal Independent Board Director Workshop. makes us more conscious relationships to get things of Keppel O&M, was of them and enable us to done more efficiently”, said organised for senior and The MBTI is the most widely systematically analyse and Mr Charles Foo, MD (Special middle management. used personality-profiling understand behaviors.” Projects), Keppel Offshore & instrument worldwide. It Marine. Into its fourth run, the objective of this three-day session, held from 17 to 19 August 2006, was to hone the leadership, strategic thinking and business development skills of the participants.
Participants formed groups to work on a project which they had to present to the Keppel O&M top management six weeks after completion of the course. The nature of the projects was tailored to meet the objectives of the session.
Mr Tong Chong Heong, MD/ No more blind spots when it comes to understanding personality types – MD/COO of Keppel O&M, Mr Tong Chong Heong, observing the COO of Keppel O&M special MBTI activity involving senior management
Keppelite I October 2006 Team 37
Confronting their own fears, participants surmounted challenges like the seven-story high tower with the ‘Can Do!’ spirit
A total of 31 senior way through it with only strengthen camaraderie work aside and bond is management and 80 staff of ropes for support. amongst the management fantastic!” Keppel O&M attended this teams from Keppel workshop on 19 and 22 Crazy bunch? Not so. It Shipyard’s Tuas, Benoi and Star of the programme was September 2006 respectively. was part of a two-day Gul yards. the amicable 63 year-old teambuilding programme Chan Chong Heng, Yard TEAMBUILDING organised at Bintan Lagoon Louis Chow, Assistant GM Manager (Special Projects) of CHALLENGE Resort for 24 Keppelites from (Commercial), Keppel Keppel Shipyard (Benoi) who Strong men and a bold Keppel Shipyard’s Shipyard (Tuas), enthused, stole the show when he did woman from Keppel management team. “The weekends were well the flying fox down the Shipyard braved the rain and spent together. Although pyramid to thunderous their own fears to climb up Held on 23 and 24 most of us have known each applause and cheers. keppelite a seven-storey obstacle September 2006, the other for many years, an pyramid and navigate their programme aimed to opportunity like this to put
Keppelite I October 2006 38 People
K for Keppel
Singapore born and bred and subjects include the proud of it! Keppel as a economy, business, politics, Singapore flagship company literature, theatre, film, is recorded in a milestone architecture, history, nature, publication that was popular and classical music, launched by the President ethnic identities, culture, and himself – Singapore: The much more. Encyclopedia. Over 200 expert writers and Published jointly by the authorities from different National Heritage Board fields have contributed to and Editions Didier Millet, the book, making for an
the 640-page book was informative and in-depth Mr Teo Soon Hoe, Keppel Group Finance Director receives a copy of Singapore: The launched on 11 September overview of the country and Encyclopedia from H.E. President Nathan 2006 at the Istana by His its people. Its Editorial Excellency, Mr S R Nathan, Advisory Board is chaired With photographs great illustrative read and is President of the Republic of by Professor Tommy Koh, showcasing both historical a wonderful resource for Singapore. and its members comprise and contemporary subjects Singaporeans and non- prominent figures including that capture the pulse and Singaporeans alike. Sporting more than 2500 academics, professors and essence of Singapore’s past entries and 2000 leaders of industry. and present, Singapore: The Purchase a copy for keepsake
photographs, the book’s Encyclopedia makes for a and flip to K for Keppel! keppelite Teeing off to a good start
The event was a first, the The K-REIT Asia property 2006. Despite the haze, over in his opening address. challenge trophy was new, management team held its 100 guests teed off at He said, “Although the but the friendships go back inaugural golf tournament Sentosa Golf Club Tanjong properties have changed a long way. for tenants on 6 October Course. hands from Keppel Land to K-REIT Asia, rest assured The day on the greens ended that we share the same on a sweet note, as golfers commitment to service not only walked away with a excellence and value the galore of prizes, but also present and long-standing mooncakes as the relationships.” tournament coincided with the Mid Autumn Festival. The overall champion for the tournament was Mr Benny Prof Tsui Kai Chong, Tay from Prudential Chairman of K-REIT Asia, Assurance Co. Singapore reiterated the management’s (Pte) Ltd with a handicap of
Mr Benny Tay (right), the first K-REIT Asia Golf Tournament Overall Champion, receiving the commitment to the tenants 20 and a score of 41 on challenge trophy from Prof Tsui Kai Chong, Chairman of K-REIT Asia countback. keppelite
Keppelite I October 2006 People 39
A jolly good Fellow
It takes an individual who has professional institution held senior professional whose motto is to ’advance responsibility in the fields the art and science of Naval of naval architecture or Architecture‘. maritime engineering to qualify and be elected as a Mr Tong is also a member of Fellow of the Royal the American Bureau of Institution of Naval Architects Shipping, Nippon Kaiji (RINA). Kyokai (Class NK) Singapore Committee, The Society of Mr Tong Chong Heong, MD Naval Architects and the & COO of Keppel Offshore Marine Engineers (USA), & Marine was recently given Singapore Institute of this recognition by RINA, an Directors and a Fellow of the internationally renowned Society of Project Managers. Mr Tong Chong Heong receives his RINA membership certificate from Dr. Arun Kr. Dev, Fellow keppelite of RINA Council and Vice-Chairman of the Joint Branch of the RINA & the IMarEST (Singapore) KSES achieves safety milestone
Following Kallang-Paya Lebar member of our team so as management to emphasise Expressway’s half million to achieve zero accident in all safety work culture, with accident-free manhours in projects.“ workers and sub contractors August 2006, Keppel putting words into actions”, Seghers Engineering The campaign included a commended Mr Young, Singapore (KSES) has competition to identify adding that this also helped achieved another safety unsafe conditions or acts, to establish good working milestone with one million best safety worker and best relationship between manhours worked without safety improvement workers and management. accident for the construction suggestions. of the liquid processing KSES has been implementing module and the effluent Guests-of-honour Mr Young various measures to train and pump systems at the Changi Joo Chye, Deputy Director of promote awareness of the Water Reclamation Plant Best Sourcing at PUB, and Workplace Safety and Health (CWRP). Mr Gordon Nicholson, (Risk Management) Project Office Superintendent Regulations by conducting At the recent health and for CWRP were equally safety talks to educate safety campaign celebrating impressed with the workers on safe use of the achievement, Goh Eng achievement. equipment, and carrying out Kwang, KSES’ Head of inspections regularly on site Engineering, said in his “The one million accident- to identify and control all the speech, “Keppel Seghers will free manhours showed that possible risks. Posters are also strive to move from just this is not a one-off safety put up on site to promote Goh Eng Kwang, KSES Head of safety compliance to instilling campaign, but a continuing safety amongst workers. Engineering, presents an award to a deserving winner safety culture in every effort from the KSES keppelite
Keppelite I October 2006 40 People
Pillars of support
Keppel’s success is built by our welfare in ways such as MAY ONG its people – those who share that. Senior Administrative the culture of personal Assistant, Keppel Logistics development and who 39 years on, I have since I joined Keppel in 1977, the continually strive to add grown from the young year that Keppel’s Tuas value and make a difference secretary that I was then, to shiprepair facility began in the workplace through the grandmother that I am operations. Then, I worked their personal capacities. today. In these years, I have core value that binds us and for Kapal Management, a grown with the company in defines the teamwork subsidiary of Keppel Keppelite pays tribute to experiences and precious amongst employees. Corporation through the three special women who memories. recommendation of my aunt have participated in and We formed great friendships who was then assisting the witnessed the making of There have been many at work and at play. In the MD of Keppel Corporation, Keppel’s history. May their changes but we remain a late 1970s, we formed a the late Mr Chua Chor Teck. examples serve as inspiration closely knit team. I am netball team and had weekly for young Keppelites to grow thankful to have a very caring practice after work. We even As Kapal Management was beyond. boss who encouraged me to participated in tournaments later merged with the Fleet stay on instead of staying at and won quite a few medals Management Of Steamers, home when I officially retired for the company! I was transferred to W & T in 2004, as well as to have which is now known as colleagues who are always Having worked here for 36 Keppel Logistics. very helpful. years, the knowledge and working experience I have I love the working I believe that one must never gained here have given me environment here and my stop learning. Younger greater confidence. friendly and helpful generations of Keppelites colleagues. Nothing beats have to learn to adapt to I have also learnt that it is having a great team of constant changes in today’s important to understand working partners. It is the DORIS CHIA fast paced economy, and your bosses and give them company of co-workers here Administrative Executive, seek to upgrade themselves your full support. One must that has kept me going in the (Group Finance Director’s through personal and strive to be reliable, past 29 years. I treasure the Office) professional development to trustworthy, confident yet camaraderie that we share. Keppel Corporation be ahead of the pack.” friendly. “In Keppel, we work like a My advice to the younger family; we work hard and are FOONG HAN OI At Keppel, we are given generation is that no matter well taken care of. Personal Assistant ample opportunities for what job you are given, take (Executive Management) career growth and personal pride in it and do your best. I remember that back in the Keppel Offshore & Marine development. I am proud to When in doubt, ask, don’t days when I started work in “Life at Keppel Offshore & be able to witness the assume. One must be keen the shipyard, it is a workplace Marine is never dull. We phenomenal growth of the to learn and take on more dominated by males, mostly. always knew when to work company and the Group over than what you are supposed To save our blushes from the hard and play hard. the years and be part of the to do. Whatever you have worker’s cat-calls, we were Keppelites embody the spirit Keppel team. I look forward learned contributes to your
“chauffeured” to and from of ‘Can Do!’ which is evident to more exciting challenges personal growth. keppelite our office. I appreciate that not just at work but even in in the days ahead! the company took care of our personal lives. It is this
Keppelite I October 2006 People 41
Keppelites Abroad Staying Kool in the desert
Temperatures soaring to these cultures back in 50 degree Celsius and Singapore.” plunging to as low as 15 degree Celsius. Some Simon is responsible for people cannot take the highs managing and maintaining and the lows, but Simon Koo the expanding facilities at takes it in his stride. Qatar’s biggest airport. In this role, he has to cultivate very 30-year old Keppelite Simon close working relationships Koo Kin Keong is a civil with the various teams engineer with Keppel involved in the entire airport Facilities Management and operations including the Operations (Keppel FMO) air traffic control, ground stationed in Doha control and even external International Airport. vendors. Adjusting to a totally different cultural When Simon joined Keppel climate presents a range of FMO in 2005, he was offered challenges especially when the chance to be posted he had to work with various overseas in Doha, Qatar’s teams to meet very tight Keeping Kool comes naturally for Simon as he stays on track in his career largest city. Presented with deadlines. the opportunity to gain is grocery shopping. A barbequed food and exotic overseas exposure, he Doha also surprised Simon seemingly commonplace Arabian food, you cannot grabbed it immediately. with its endless rolling sand domestic activity for some, find good old Chinese herbal dunes. He experimented but for Simon, it is another soups. You just have to learn Before Simon landed himself doing the “Fast and the way of getting to know the to do that yourself.” in Doha, he did his research. Furious” by going for a four- different cultures that are Doha was reputed to be dull wheeled drive in the sand present in Doha. The great Summing up his experience and uninteresting but he was dunes. “It is a very dangerous variety of food and products so far in Doha, Simon said, not deterred. He was to sport but it is one thing in the supermarket cater “All my friends ask me why discover later that it was a that you have to try in Doha! to the diversity of the I chose Doha of all places? land of diversity and You need to have a very expatriates who form the I have to admit that you do surprises. experienced driver for this. majority of Qatar’s not find much avenues of The car I was in got damaged population. entertainment in Doha. It Simon shared, “On a day-to- during the drive when it might not seem as day basis, you can talk to climbed one of the dunes too He puts his trips to the glamourous as Shanghai or people of various ethnic fast and landed equally supermarkets to good use as Hong Kong. But the origins – Qataris, Lebanese, fast!” shared an excited he soon picked up cooking opportunities to develop Syrians, Iranians, Nepalese Simon. Chinese herbal soups to professionally and personally amongst others. You will not combat the heat from the are boundless here and that have many opportunities Another penchant Simon desert. He said, “While you is invaluable.” keppelite to mingle with people of has picked up living in Doha can find a wide selection of
Keppelite I October 2006 42 Community
In fair weather or foul
While Avian Flu has not of its overall preparations in Simultaneously, employees examination, ensuring that reached the shores of dealing with such a entering Pioneer Yard’s Main no long queues formed Singapore, Keppel is not pandemic. gate were also subjected to outside the gates even as taking any chances. the same check. The trained busloads of employees In the early hours at 5:30am testers were meticulous arrived. At headquarters in Keppel on 29 September 2006, yet expedient in their Corporation, a series of staff Keppel FELS’ workers at briefing sessions had been Acacia Lodge were preparing conducted by Keppel Group to board their buses for work Disease Outbreak Response Human Resources since as usual when they were met System (DORS) August to inform and with Avian Flu testers by the educate Keppelites on the gate placing thermometers Alert GREEN Level 0 – Public health threat to Pandemic Response Plan, in their ears. Those who were Singapore is low; no novel influenza virus outbreaks which comprises the cleared were allowed to anywhere in the world appropriate precautionary board the buses and enter actions to be undertaken at the yard upon arrival. Alert GREEN Level 1 – Global concern including the different alert stages that are WHO about possible emergence of a novel virus. There mapped with the Ministry of At 6.15am, the may be isolated external or local cases of animal to Health’s Response Plan. subcontractors’ workers human transmission, but threat of human to human entering Keppel FELS Pioneer transmission remains low. Over at Keppel Offshore & Yard’s North Gate found Alert YELLOW – Inefficient human-to-human Marine, active steps have themselves under the transmissions of influenza caused by a novel virus also been taken to scrutiny of the Avian Flu outside Singapore. Potential for a global influenza implement a pandemic testers and their pandemic is high, though not inevitable through preparedness plan. Its thermometers. They were aggressive containment measures by affected country. Business Continuity systematically checked Where there are isolated imported cases, such cases Management (BCM) for temperatures above have not resulted in sustained transmission locally. Working Committee’s Task 38 degrees Celsius as well as Force for Avian Flu any symptoms of the Avian Alert ORANGE – Globally and/or locally, larger Preparedness has carried out Flu. cluster(s) but human-to-human spread is still localised a simulation exercise as part suggesting that virus is becoming increasingly better adapted to humans but may not yet be fully transmissible (substantial pandemic risk).
Alert RED – Pronounced risk of acquiring the disease from the community. There is an increasing trend of mortality and morbidity rates among affected cases. The healthcare system is likely to be overwhelmed.
Alert BLACK – Morbidity and mortality rates are exceedingly high. Emergency measures needed to bring situation under control. Healthcare and other social support systems are overwhelmed. Economic activities are severely disrupted, as panic sweeps through the community. Deputy Yard Manager T.T. Low in a mock drill with subcontract workers in the avian flu simulation exercise Source: http://www.moh.gov.sg
Keppelite I October 2006 Community 43
Those found to have high person. All these were of the Avian Flu Preparedness ensure that the thousands of temperature and other carried out with minimal taskforce. workers residing at the symptoms such as dry cough disruption to the daily company’s dormitory, as were immediately isolated in inflow of thousands of He said, “This exercise well as all other staff and a designated quarantine workers. together with other subcontractors’ workers area where a medic educational efforts will help coming into the yards for attended to them. Contact The containment exercise our employees to better work daily are free from tracing was conducted to was completed smoothly understand the Avian Flu and Avian Flu symptoms. identify any other persons under the supervision of what they are expected to do who may have come into Richard Tay, Keppel FELS’ in a real situation. I think we Atyyah Hassan, General contact with the infected Yard Manager and Chairman are prepared should there be Secretary of Keppel FELS an Avian Flu outbreak. The Employees Union (KFEU), committee will also share the who observed the whole lessons learned from the exercise said, “I think the exercise with all our overseas whole exercise went well yards.” with every individual knowing what to do. The simulation exercise aims Prevention is better than cure to familiarise employees with and this exercise has gone the procedures that they will a long way to creating have to observe daily in an awareness among the actual situation to prevent Keppel employees of the the spread of the virus. This dangers of the Avian Flu. It
Keppel FELS employees being checked for Avian Flu at the Acacia Lodge containment procedure is to is an excellent initiative by Keppel.” keppelite Stamping the dengue
Keppel Shipyard’s Health, mosquitoes bred and how to has been very useful. Our benefit the workers at work Safety and Environment eliminate their breeding sites. management was very but also their personal lives
(HSE) department organised The exhibition also served forthcoming in organising at home.” keppelite a dengue awareness to remind workers of the such activities that not only exhibition on 3-5 October need for a safe working 2006 at all its three yards to environment free from educate the workers on dengue fever. Flyers of dengue fever and the different languages were methods for preventing distributed to the workers as mosquito breeding. part of the education and awareness process. This was in conjunction with the National Environment Ms Tay Ching Ching, HSE Agency’s (NEA) efforts to Officer of Keppel Shipyard eliminate mosquito breeding (Tuas) and Chairman of the both at places of work and Anti-Dengue Organising residences. Committee, said, “The workers and subcontract
Quizzes were held to help employees provided Fighting the dengue as a workforce, Keppel Shipyard’s employees equipped themselves with workers understand how feedback that the exhibition greater knowledge of prevention and cure
Keppelite I October 2006 44 Community
Sharing with the community
In support of the needy, with others. It is very Shipyard, received the Gold For the Platinum awards, Keppel Offshore & Marine’s heartening and we are awards from Dr Vivian Mr Hoe Eng Hock and (Keppel O&M) employees pleased to have received Balakrishnan, Minister for Mrs Teo Khai Yang, received have regularly contributed this award.” Community Development, the awards from President part of their monthly income Youth and Sports. S.R. Nathan at the Istana on to the SHARE (Social Help The broad involvement of 10 October 2006. and Assistance Raised by the yards in the programme Mrs Teo Khai Yang, Human Employees) Monthly also saw Keppel Shipyard Resource Manager of SHAPING UP FOR THE Contribution Programmes. (Gul) receive their 14th Keppel Shipyard said, WORKPLACE consecutive SHARE Platinum “Keppel Shipyard has always Keppel Shipyard’s This culture of sharing with award since 1993, a been a regular supporter workplace health promotion the less fortunate was testament to their passion for of community work. By programmes have earned recognised by a string of helping the underprivileged. organising and participating recognition with the awards from the Community in these community activities, Singapore HEALTH (Helping Chest. In addition, Keppel Shipyard we foster a culture of helping Employees Achieve Life-Time (Tuas) and Keppel Shipyard and sharing with the under- Health) Gold Award from the The Community Chest (Benoi) were awarded the privileged in our employees. Health Promotion Board Awards recognises SHARE Gold award while (HPB). corporations and individuals Keppel FELS received the “We are honoured to have who reach out and help the bronze award. received this award and Its commitment to creating disadvantaged in their will continue to increase a successful workplace community yearly. Ms Tan Yew Kee, Assistant our efforts in community health programme (WHP) HR Manager of Keppel work.” The award is based on the number of employees contributing to the Community Chest through GIRO from 1 April 2005 to 31 March 2006.
Having received the SHARE Gold award last year, Keppel Singmarine improved on their record by achieving the Platinum award with close to 90% participation from their employees.
Mr Hoe Eng Hock, ED of Keppel Singmarine said, “I think it is a good opportunity for our employees to show that they care for the less fortunate. They may not make very much yet they still
find it in their hearts to share Mr Hoe Eng Hock received the Community Chest award for Keppel Singmarine from President S.R Nathan at the Istana on 10 October 2006
Keppelite I October 2006 Community 45
enabled Keppel Shipyard to common cancers and score more than 85% on the diseases. criteria assessment for the award, on the organisation, The programme includes planning, evaluation and regular health and fitness comprehensiveness of the screenings, seminars, sports programme. and recreation activities and healthy cooking Keppel Shipyard’s WHP demonstrations. comprises four components: diet and nutrition, ailments Regular checks at the and diseases, work life shipyard’s canteens also balance and stress ensure that hygienic and Mrs Teo Khai Yang accepting the HEALTH Gold award on behalf of Keppel Shipyard from MP management. Keppel nutritious food is provided of Jurong GRC, Mdm Halimah Yacob Shipyard has also continued for the employees. to focus on its anti-smoking promotes good employee for a healthy workforce. campaign as well as Keppel Shipyard’s senior health and supports policy These policies are reviewed employee awareness for management actively changes deemed necessary regularly to ensure relevance
and adequacy. keppelite Reaching for the best
Keppel Offshore & Marine the engineering students at At NUS, Keppel O&M Earlier, a specially designed (Keppel O&M) recently the National University of presented on career “Outreach Mailer” which embarked on a “University Singapore (NUS) and paths and development highlights Keppel O&M’s Outreach Programme” Nanyang Technological programmes at a talk on Management Trainee targeted at the top 20% of University (NTU). 14 September 2006 to Scheme, career development an enthusiastic crowd of programmes and job rotation budding engineers. opportunities was sent to the top university students. Over at the NTU Networking Night on 21 September The encouraging response 2006, where Keppel O&M from the students reinforced was the platinum sponsor, the direction of Keppel some 350 graduating O&M’s Talent Management engineering students initiatives. attended the event and had the opportunity to learn These initiatives will garner more about the offshore and interest and successful marine industry as well as recruitment of outstanding interact with some of the candidates upon graduation
Keppel scholars. for Keppel O&M. keppelite
George Lee, Asst Project Manager, Keppel FELS, mingling with the students during the “free & easy” session
Keppelite I October 2006 46 Community
Friend of the Arts
Over the years, the Keppel Keppel Corporation has been Mr Lim Chee Onn, Keppel the magic of fusing bossa Group has actively supported a sponsor of the Singapore Corporation’s Executive nova with electronic sounds and cultivated talented Arts Festival since 1994. Chairman, said, “We believe of drum and bass and a jazzy individuals and groups to This year, the company in setting the stage for the acoustic flavour; while SPC expand the talent pool in sponsored the distinguished pursuit of excellence, and to showcased a world-class act Singapore and across the instrumental and vocal continue to do our part in – The Gala Concert: Lorin region. One of the means is ensemble of Baroque music, contributing to building Maazel and the Singapore through the Arts. Collegium Vocale Gent, for Singapore as global city, Symphony Orchestra – to its performance of J.S. Bach’s including for the Arts.” classical music lovers in Keppel’s efforts and monumental liturgical work Singapore on 13 March 2006 contributions to developing Mass in B Minor, at the Both Keppel FELS and at the Esplanade. and sustaining the arts in Esplanade Concert Hall on Singapore Petroleum Singapore were given 14 June. Company received the Arts MobileOne was one of the 17 recognition by the National Supporter Award. Keppel recipients of the Distinguished Arts Council (NAC) at the It was the fifth consecutive FELS presented the music Patron of the Arts Award for Patron of the Arts Award year that Keppel Corporation prodigy, Bebel Gilberto’s its sponsorship of Cirque du Ceremony held at the was presented the Friend of concert on 31 March 2005, Soleil’s Quidam in September
Esplanade on 3 October 2006. the Arts Award. moving the audience with 2005. keppelite
Mr Jaya Kumar, GM of Marketing, Keppel FELS, Ms Wang Look Fung, GM of Group Corporate Communications, Keppel Corporation and Mr Lee Chiang Huat, CFO and Senior VP of SPC, with the Arts Awards
Keppelite I October 2006 Community 47 vKeppelolunteers
Tribute to teachers at Chao Yang
Teacher’s Day is always a Jaey Neo, IT Manager special occasion for students of Singapore Petrolum to show their appreciation Company, were prepared by to their teachers. This is Keppel Volunteers a week in especially so for the students advance. Through the at Chao Yang School where, dedication of both students due to their special needs, and volunteers, Teacher’s Day teachers have constantly at Chao Yang School this extended extra care and year was a touching and patience to them. memorable one for its teachers as they received the This year, appreciation for students’ heartfelt creations. this special group was sweetened with the help Keppel Volunteers also and initiative of Keppel joined in to thank the Volunteers who helped the teachers for their hard work students with hand-made and dedication by presenting cards and gifts. flowers and sweet treats to them. Sharon Seo, HR Assistant at Keppel Shipyard, shared, “I One could see from the faces Ms Masita (left), Principal of Chao Yang School, receiving a gift of appreciation from realised that some of the of the teachers that these Keppel Volunteer Sharon Seo students made it a point to thoughtful gestures by the check with us when faced students moved them and with difficulties in the made all their hardwork spelling and writing of the worth their while. words. Through this, one can really see the deep The icing on the cake for the appreciation they have for teachers was a dance their teachers and their desire performance by the students to do everything possible to who took about a month to make sure that everything prepare. The performance about their cards was was made even more special perfect.” because the choreography of the dance was developed by The materials for the the students themselves! craftwork, managed by keppelite
Students showing heartfelt appreciation through handmade cards
Keppelite I October 2006 BackPage 48
Keppel wins S$1.7 billion solid waste management contracts in Qatar
Keppel Integrated that a Singaporean company public health, especially in Through its in-house Engineering Limited (KIE) has has won in the international solid waste management research & development been awarded two contracts market. I hope that this and street cleaning, makes it capabilities as well as amounting to QR3.9 billion significant project will also Keppel’s ideal partner for the strategic alliances with global (approximately S$1.7 billion) help strengthen the strong delivery of this project. research institutes, KIE is from the Ministry of and warm relationship continuously upgrading its Municipal Affairs and which Singapore enjoys Under the EPC Contract, technology offerings to its Agriculture in Qatar. with Qatar. Keppel Seghers will design customers and adapting and build four Waste Transfer its solutions to suit local The two contracts, of about “The landmark contracts are Stations and one integrated conditions and purposes. equal value, are for the a showcase of the successful Domestic Solid Waste Engineering, Procurement Public-Private Partnership Management Centre FIRST INTEGRATED SOLID and Construction (EPC) of an (PPP) between the National (DSWMC) to handle and WASTE TREATMENT integrated solid waste Environment Agency and treat domestic solid waste for FACILITY IN THE management facility in Keppel to bring Singapore’s the whole of Qatar. MIDDLE EAST Qatar, and the Operation and proven environmental The DSWMC is expected Maintenance of this facility technology and technical- Designed to treat an initial to be operational in 2009. for 20 years. The contracts cum-operational expertise to capacity of more than 1,550 This will be the first such will be undertaken by Keppel the highly competitive global tons of waste a day, the integrated solid waste Seghers, a wholly-owned marketplace. DSWMC will comprise waste treatment facility in the subsidiary of KIE. sorting and recycling Middle East, and one of few “Singapore hopes to see and facilities, landfill, composting in the world. ONE OF THE LARGEST will encourage more plant and a 1,000 tons per ENGINEERING Singapore environmental day Waste-to-Energy (WTE) Mr Chua Chee Wui, Chief CONTRACTS BY A and water companies to incineration plant. The WTE Executive Officer of KIE and SINGAPOREAN COMPANY venture and provide its plant utilising Keppel Keppel Seghers, said, “The Dr Yaacob Ibrahim, Minister expertise, services and Seghers’ water-cooled grate Qatar Government, in their for the Environment and products to the global water technology is the heart of the discernment and foresight, Water Resources of markets in the Middle East integrated waste treatment want the most suitable Singapore and His Excellency and beyond.” facility. solutions to support Sheikh Abdul Rahman Bin their rapid economic Khalifa Bin Abdul Azziz The National Environment Other Keppel Seghers’ development. We competed Al-Thani, Minister of Agency (NEA) of Singapore, technologies to be deployed against some of the best Municipal Affairs and a statutory board under the in the DSWMC include the international companies in Agriculture of Qatar, were Ministry of Environment and Danodrum system for this tender. Winning this the guests of honour at the Water Resources, is Keppel recycling and pre-treatment contract is a ringing signing ceremony held in Seghers’ strategic partner in of waste, the Rotary endorsement of Keppel’s Doha on 17 October 2006. this project. NEA’s extensive Atomiser semi-dry system for proven state-of-the-art expertise and experience flue gas treatment and technologies and project Dr Yaacob said, “This project from its impressive track the Unibrane membrane management expertise.” secured by Keppel is record of over 40 years in bioreactor system for the largest environmental environmental protection wastewater treatment. engineering undertaking and management, and More details on page 24.
Keppelite I October 2006