Keppel Corporation

How We Performed in 2016
  • Delivered 21 Offshore & Marine (O&M) projects, and secured about $500 million worth of non‑drilling contracts.

  • Formed a joint venture with Shell through Keppel O&M to supply LNG bunker to vessels in Singapore.

  • Attained full ownership of the property business with the completion of Keppel Land’s Selective Capital Reduction exercise.

  • Sold 5,720 homes, up 25% from 2015.

  • Proactive capital recycling strategy: announced investments of $460 million and divestments of $680 million in the Property Division.

  • Named preferred bidder for Singapore’s fourth desalination plant.

  • Expanded data centre portfolio by over 45% in net lettable area to over 1.4 million square feet.

  • Completed the restructuring of the Group’s asset management businesses under Keppel Capital, and launched two new data centre and property funds.

Our Strategic Focus for 2017/18
  • Drive collaboration across business verticals, unleashing synergies from Keppel’s multi‑business model to achieve our financial, people, stakeholder and process goals.

  • Invest in R&D and innovation to develop new capabilities and markets.

  • Sharpen project execution through continuous improvements in safety, productivity and efficiency.

  • Enhance people development and bolster bench strength through talent management and succession planning.

  • Maintain strong financial discipline, seize opportunities to recycle assets, and deploy capital astutely for the best risk‑adjusted returns.

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Offshore & Marine

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