Featured solutions

Energy is critical for urban development and growth. At Keppel, we support the safe and efficient harvesting of energy sources to power ships and cities alike.

LNG value chain

Global demand for gas as an energy source is expected to grow, driven mainly by growing demand from Asia. Liquefied Natural Gas (LNG), which is shippable across long distances, is expected to help meet most of this demand, overtaking pipelines as the dominant form of traded gas in future. This trend is also spurring the development of new technologies to unlock more gas reserves and bring them to consumers in distant markets, while keeping overall costs low.

Through Keppel Offshore & Marine, we are one of the world’s leading experts in LNG vessel repair, having built up critical know-how for handling materials at extremely low temperatures of -160°C. Our deep cryogenic expertise is augmented by a strong performance history with oil and gas projects, including over 130 complex conversion and integration projects for production, storage, gasification or liquefaction vessels and over 400 newbuild vessels. Through technology foresight, R&D and early customer engagement, we have developed a comprehensive suite of viable solutions for the gas industry.

In 2014, we embarked on converting the world’s first-of-its-kind FLNG vessel for Golar LNG. The Hilli Episeyo FLNG vessel was delivered in 2017 and is operating successfully offshore Cameroon. Following this successful proof of concept, Keppel Offshore & Marine received final approval from Golar LNG to convert a second FLNG vessel in 2019. The Gimi FLNG has a 20-year charter with BP’s Greater Tortue Ahmeyim project, offshore West Africa.

Reflecting confidence in the prospects of the FLNG sector, Keppel Capital subscribed for 30% of the total issued ordinary share capital of Gimi MS. This investment will be a seed asset for a new infrastructure fund to be managed by Keppel Capital. After the asset has been completed and de-risked, the 30% interest may also be injected into Keppel Infrastructure Trust.

Leveraging our suite of end-to-end gas solutions, we are primed to meet the rising demand for small-scale LNG in archipelagic markets that are not well-served by gas pipelines.

Through FueLNG, Keppel Offshore & Marine’s joint venture with Shell, we are pushing boundaries to meet the growing demand for LNG as a marine fuel in coastal areas, inland waterways and the international maritime sector. FueLNG is one of two licensed providers of LNG bunker to vessels in the Port of Singapore.

With the ability to design, develop and integrate solutions across the value chain, Keppel is poised to be the gas industry’s preferred partner and enabler. Keppel Offshore & Marine can further collaborate with Keppel Infrastructure and Keppel Capital to develop, co-own and operate floating infrastructure assets that generate long-term recurring income.

Seamless integration
  • Upstream

    (1) FPSO vessels produce, process and store hydrocarbons extracted from offshore or nearshore fields.

    (2) FLNG vessels produce and convert natural gas into liquid state for transportation by LNG carriers.

  • Midstream

    (3) FSRUs convert LNG back into the gaseous state for delivery to gas grids and power plants.

    (4) Small-scale LNG carriers transport LNG cargoes between vessels, redirect cargoes to different parts of the world, and perform “milk-runs” within archipelagic markets.

  • Downstream

    (5) LNG bunker vessels are designed to refuel ships that run on LNG ranging from containerships to harbour tugs.

    (6) Land-based and floating power plants receive gas from FSRUs to generate and distribute electricity for consumption by cities.

PV Drilling VI, the 100th jackup Keppel FELS has built since 1970.
The world’s deepest FPSO vessel, Turritella, built for SBM Offshore and Shell.
Seafox 5, one of the world’s largest offshore wind turbine installers and the first built in Singapore.
Floatel Triumph, a high-specification accommodation semisubmersible built to Keppel's proprietary design.
CAN DO Barge II has expanded our capability to service deep water vessels.

Keppel started out in 1968 as a shiprepair service provider in Singapore. Over the years, we have expanded our capabilities and grown our international presence. Today, Keppel Offshore & Marine has a global network of shipyards and offices with a comprehensive suite of offshore & marine solutions to meet our customers’ needs.

Notably, the innovative KFELS B Class jackup rig design underpinned Keppel Offshore & Marine’s success as the world’s largest builder of such rigs. Since 2000 when the first KFELS B Class rig was launched, we have delivered over 60 B Class and Super B Class jackup rigs. Developed in-house, this popular rig design is known in the industry for its reliability and superior performance. Through R&D, innovation and technology, we are developing rigs of the future utilising “digital twins” to optimise performance; building smarter rigs using sensing technology; and leveraging drones to provide mission-critical aftermarket services and preventive maintenance.

Keppel Offshore & Marine has also designed and developed a series of drilling rigs to cope with harsher, deeper and higher-pressure environments, such as the DSSTM semisubmersible. We have built a strong track record, having delivered 25 semisubmersible rigs since 2000. With our engineering capabilities in designing and developing offshore structures, we are repurposing our offshore technology for other uses such as floating data centres, floating desalination plants and offshore substations for wind farms.

In addition to newbuilding, Keppel Offshore & Marine is a world leader for repairs, conversions and integrations, having completed over 130 complex conversion and integration projects for production, storage, gasification or liquefaction vessels. Unlike newbuilding, conversions are faster to market and more cost effective as old tankers are given a new lease of life as production vessels. Throughout the years, Keppel Offshore & Marine has achieved many firsts, including the execution of the world’s first FPSO, FSRU and FSU conversions and more recently, the world’s first FLNG vessel conversion. 

Oil remains one of the key fossil fuels that will drive urban growth. As a leader in the industry, we are developing solutions that will push the frontiers of the offshore industry.