Sembcorp Marine Ltd. has agreed to merge with Keppel Corp.'s subsidiary. Sembcorp Marine Ltd. has agreed to merge with Keppel Corp.’s subsidiary in a deal that will create the world’s biggest builder ...

Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope ...

A worker stands in front of the Floatel Triumph, a semi-submersible accommodation rig operated by Floatel International Ltd. and developed by Keppel Offshore & Marine Ltd.'s deep water technology ...

Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit.In ...

Sembcorp Marine Ltd. and Keppel Corp.’s offshore-and-marine business have agreed to merge, creating one of the world’s largest rig-building companies. Under the planned merger, Keppel Offshore & ...

Sembcorp Marine, or SMM, and Keppel Corp have agreed to merge Keppel Offshore & Marine, or KOM, and SMM. We keep our fair value estimates for SMM and Keppel Corp at SGD 0.09 and SGD 7.30, respectively ...

The potential merger between Singapore’s two offshore and marine giants Sembcorp Marine and Keppel Offshore & Marine has taken an unexpected turn as the proposed tie-up has been replaced by plans for ...

Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine Ltd are working towards having an agreement over their business unification in place by the end of April, the companies ...

Keppel is a Singapore government-linked conglomerate previously best known as the leading semi-submersible rig builder for the offshore industry. However, the downturn in the energy industry has led ...

Keppel Infrastructure Trust unitholders voted overwhelmingly in favour of acquiring a 46.7% stake in Global Marine Group ...

Details of the transaction have not been shared. Headquartered in the UK, Global Marine operates a fleet of six vessels, providing mission-critical maintenance and installation services for subsea ...

Singapore’s Keppel Offshore & Marine remained in the red in the first quarter of 2022 — the only one of the conglomerate’s key business units that was not profitable. However, Keppel O&M did ...