Thursday, August 4, 2011

Keppel says secures $146m contracts

Singapore’s Keppel Corp (KPLM.SI) secured two contracts worth a total of $146 million to convert a Floating Production Storage and Offloading (FPSO) unit as well as to build a mooring system for an existing FPSO unit, the company said on Thursday.
 
The world’s largest rig-builder said the contracts were not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation for the current financial year.
 

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