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Keppel FELS Secures Liftboat Order For US$85 Million

Shares Investment

Keppel Corporation’s indirect wholly owned subsidiary, Keppel FELS, has secured a contract from Crystal Heights Holdings, for a high specification liftboat worth US$85 million.

The liftboat which is scheduled for delivery in 4Q17, is designed by Keppel Offshore & Marine’s liftboat design specialist, Bennett Offshore in collaboration with Keppel FELS.

In addition to the latest contract, the group’s joint venture shipyard in Qatar is also building a similar vessel for a Qatari oilfield service company.



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