Provider of Choice, Partner for Solutions
The Keppel Group Keppel Corporation Offshore & Marine Rig building, offshore conversion, shiprepair and specialised shipbuilding Infrastructure Environmental engineering Power generation Logistics and data centres Property Property development Property fund management 2
Vision & Mission Vision We seek to be the provider of choice and partner for solutions in the global offshore and marine industry. Mission We will harness the best of our technology expertise and operational experience to deliver quality solutions on time, within budget and without incidents. 3
Strong Values, Strong Results Keppel O&M s companies and employees worldwide are united by a common set of core values to create value for our stakeholders. 4
Keppel Offshore & Marine Keppel O&M was formed in 2002. It combines 300 years of heritage from Keppel Shipyard, Keppel FELS & Keppel Singmarine.
Where it all began Keppel s rich tradition dates back to the construction of Singapore's first shiprepair drydock at Keppel Harbour in 1859. 6
Our Heritage Keppel Shipyard was incorporated in 1968. Entered into the shiprepair, shipbuilding and rig building businesses. Began expanding beyond Singapore's shores. 7
Our Heritage 1980, Keppel Shipyard was listed in Singapore. 1986, Keppel Shipyard became Keppel Corporation, but name retained for a shiprepair and conversion arm. Before - Keppel Harbour After - Keppel Shipyard in Tuas 8
Our Heritage Keppel FELS facilities at 31 Shipyard Road 9
Near Market, Near Customer 20 shipyards globally
Innovation & Service Excellence Talent development & technology innovation are key elements of our strategy to achieve customer satisfaction. Talent Technology Customer Satisfaction 11
Market Relevance & Viability Keppel O&M s R&D Focus Areas Systematic Approach: In pursuing new concepts and products, we consider commercial viability customer needs knowledge pool building process improvements technology foresight
Technology Leadership Keppel O&M s Technology Arms Keppel O&M Technology Centre (KOMtech) Offshore Technology Development (OTD) Deepwater Technology Group (DTG) Marine Technology Development (MTD) Global Engineering Hub with 24/7 services Singapore Mumbai Houston Bulgaria Shenzhen 13
Keppel Technology Advisory Panel 14
Purpose-driven Innovation Risks Rewards Helping our customers to achieve their commercial and business goals is the reason we innovate. We partner customers and suppliers. We take calculated risks. Eg : Keppel FELS venture into jacking and fixation system in the 90s 15
Partnership with customer Customer Trust Technology Expertise Construction Experience Customer/Industry / Institutional Input Viable Solutions & Quick Response Winning Combination We work with trendsetting customers and partners who give us inputs to improve and refine our products. We combine rich ship and rig building experience with design and engineering expertise to develop robust solutions. 16
KFELS B Class Jackup Rig Design 17
KFELS B Class Jackup Rig Design The KFELS B Class design is the industry standard for efficient and high grade performance. Winner of the 2009 Prestigious Engineering Achievement Award from Institution of Engineers Singapore. A total of 33 such rigs have been delivered since design s launch in 2000.
KFELS MPSEP vessel Seafox 5 The KFELS MPSEP new-generation wind turbine installation vessel is evolved from the winning KFELS B Class jackup rig design. 19
Ultra Deepwater Solutions Proprietary deepwater solutions to serve growing demand for more rigorous solutions in challenging locations. KFELS SSDT TM Drilling Tender DSS TM Series Semisubmersibles DrillDeep DS12000 compact drillship 20
Ice-capable vessels Keppel Singmarine delivered the first pair of icebreakers to be built in the Asia tropics. It also designed and built the first ice-class FSO to be completed and deployed in the Caspian region. 21
Customised Services Caspian Singapore 22
Customised Services The FSO s hull was temporarily joined together and first launched from Keppel Singmarine s slipway. The hull strips were then separated and towed across narrow Volga-Don Canal enroute to the Caspian Sea for completion. 23
Customised services Flying Squad An in-house team of professional offshore repair specialists 24
The Key Driver of Excellence A capable & cohesive global workforce drives innovation and enables us to serve our customers well. 25
Our Journey Towards Business Excellence ISO 9001:2008 WSH Awards OHSAS 18001 MAXA Manufacturing Excellence ISRS Certification Singapore HEALTH Award Singapore People Developer (PD) IES Prestigious Engineering Achievement Award Productivity helps Keppel O&M stay ahead of the game - Straits Times 23 rd Feb 2010 Innovation gives output a boost at Keppel O&M - Straits Times 1 st March 2010 ISO 9001:2000 Singapore Quality Class (SQC) Singapore Innovation Class (I-Class) Keppel O&M has made major changes to how oil rigs are constructed Productivity is now a way of life across the yard. - Budget Speech 2010 by Finance Minister Tharman Shanmugaratnam ISO 9001: 1994 SMS 1994 2002 2004 2005 2006 2008 2009 2010 26
Customer Commendation We met with investors in Oslo, London, Houston, Dallas, San Franciso, Toronto, Boston, New York, Connecticut and Chicago. One of the key selling points to many investors was the excellent reputation you have earned in the industry. We have received many comments that if the rigs were to be built elsewhere, they would not invest. John Rynd CEO & President Hercules Offshore 21 January 2011
Innovation & Service Excellence Thank You Q & As