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Keppelite I March 2007

Early delivery of

PV Drilling I 4

One Raffles Quay

opens 8

Looking for

new heights 28

Keppel Group Newsletter

MARCH 2007www.kepcorp.com/ekeppeliteeppel

Keppelite

MICA(P) NO. 045/11/2006

Creating new sourcesof water

March 2007 2/4/07, 4:23 PM1


Published for people in the Keppel Group by the Group Corporate Communications Division, Keppel Corporation Limited, 1 HarbourFront Ave, #18-01 Keppel Bay Tower,Singapore 098632. Printed by Image Printers Pte Ltd, Blk 1002, Redhill Industrial Estate, Jalan Bukit Merah, #03-12, Singapore 159456.

Editorial AdvisorWang Look Fung

EditorTeo Chang Ching

Editorial CommitteeAndrea Lee, Andrew Ong, Ang Lai Lee, Clara Ko, Diana Chan, Fatima Lay, Gayathri Prakash Nair, Grace Chia, Ivana Chua, Kelvin Ng, Lai Siang Chin, Lee Yin Chiin, Low Hooi Hoon,Mohd Nor Nordin, Nicole Ma, Nicole Tan, Pamela Almeda, Phang Weng Onn, Quek Mong Song, Roy Tan, Sarah Seah, Serena Toh, Tan Geok Hong, Teri Liew, Woon Pek Yong

Contents

CO REG NO: 196800351N

eppel

BUSINESSPV Drilling I delivered ahead of schedule 4

Keppel Land develop new residential project in 6Ho Chi Minh

P-53 achieves safety milestone 7

One Raffles Quay fulfills demand for 8world-class office space

Boomsville, Brownsville! 10

On track to deliver 12

Kepcorp Board visits Singapore’s newest power plant 15

The future of waterfront living at Keppel Bay 16

Special FocusEast Asia’s largest water reuse plant opens 18

KIE invests $50 million to build on R&D 22

Building ties in the Middle East 23

Safety makes business sense

Delivering excellence at Keppel Nantong 24

Another well-executed job

Keppel FMO strengthens track record in 25facilities management

Benoi yard enhances facilties

SPC secures a new service station site in Punggol 26

SPC divests interest in Tiger Oil

A trip down memory lane 27

Repair works

TEAMLooking for new heights 28

Staying gold 30

Excelling in innovation 31

PEOPLEGrowing beyond borders 32

Keppelites AbroadMission at work 34

COMMUNITYKeppel VolunteersRoad to safety 35

BACK PAGEStrengthening market leadership in China 36

30

1816

March 2007 2/4/07, 4:23 PM2


EditorialChampioning another globalbusiness


A milestone for both Singapore and Keppel. Thatwas what the inauguration of Keppel Seghers UluPandan NEWater Plant established.

It is not only Singapore’s but also East Asia’s largestwater reuse plant, and the second largest in theworld.

For Singapore, the Keppel Seghers Ulu PandanNEWater Plant significantly augments the existingthree NEWater Plants to meet more than 15% ofour water needs today. It is an important chapterin our nation’s Four National Taps (localcatchments, imported water, NEWater anddesalinated water) strategy to build a secure,reliable, diversified, and sustainable supply ofwater for Singaporeans.

For Keppel, the plant is a showcase of ourenvironmental and engineering capabilities, and akey platform for Keppel Integrated Engineering(KIE) to further strengthen its foothold in theoverseas water treatment market.

As the only Singapore company with the expertiseto offer both solid waste and wastewatertreatment solutions, and a footprint in more than25 countries, KIE is poised to become a worldleader and contribute to develop Singapore into aglobal hub for environmental excellence.

In the environmental infrastructure business, weseek to replicate the success of our Offshore &Marine business in developing another globalchampion.

As in our Offshore & Marine business, KIE is stayingahead of competition through technologyleadership and differentiation. To widen its leadingedge, KIE has established the Keppel Environmental

Technology Centre to drive and direct researchefforts across its Centres of Excellence in variousdisciplines in Belgium and Singapore. In addition,collaborative research are conducted with leadingacademic and industrial research institutionsaround the world.

Strategic alliances are also being pursued with like-minded partners in Europe and Asia to build ourpresence in existing markets and accelerate ourpenetration into new ones.

KIE saw significant milestones over the past year,with the groundbreaking for Keppel Seghers TuasWaste-to-Energy Plant in Singapore, as well asthe clinching of the billion-dollar award for anintegrated solid waste management facility inQatar. KIE also secured numerous solid wastetreatment, water and wastewater treatmentprojects overseas, and further strengthened itsleadership for imported waste-to-energy solutionsin China where it has 60% of the market.

Indeed, the building blocks of our environmentalbusiness are moving in place.

On top of its own credentials and capabilities, KIEhas the added advantage of the Group’s networkand resources. With Keppel’s characteristic CanDo! attitude, foresight and hard work, and bybringing together the Group’s efforts, we arebeginning yet another chapter in the story of ToughMen, Bold Visions in the Keppel Group.

The making of another global leader is on track.

March 2007 2/4/07, 4:23 PM3

4 Business


4 Business

Keppel FELS defied the oddsof a bustling yard working atfull capacity to deliver PVDRILLING I in a record-breaking two months aheadof schedule. The KFELS Bclass jackup rig was deliveredto PetroVietnam Drilling andWell Services Joint StockCompany on 7 March 2007.

The early delivery hasenabled PV Drilling I to startwork earlier for Hoan VuJoint Operating Company.

During the naming ceremonyat Keppel FELS on 8 March2007, Mr Choo Chiau Beng,Chairman & CEO of KeppelOffshore & Marine (KeppelO&M), said, “To deliver a rigtwo months early during thisvery busy period in themarket is remarkable. Itdemonstrates the strong corevalues and closecollaboration of both ourcompanies. We havedeveloped a strong workingrelationship characterised byteamwork, flexibility andmutual understanding.”

Mr Tran Ngoc Canh,President, Vietnam Oil andGas Group added, “This isnot the first time we havecooperated with Keppel FELSwho has proven that it isone of the most technicallycapable shipbuildingcompanies in the world.

PV Drilling I delivered two monthsahead of schedule

PV DRILLING I, a KFELS B Class design, was delivered two months ahead of schedule and within budget

March 2007 2/4/07, 4:24 PM4

Business 5


“PetroVietnam and KeppelFELS enjoy a good long-termrelationship since we havehad opportunities to worktogether in some keyprojects. With thecompletion of PV Drilling Ijackup rig two monthsbefore the contract deadline,it proved a most judiciousdecision of PetroVietnamand PV Drilling to award thecontract to Keppel FELS,marking an important step inthe good relationshipbetween PetroVietnam aswell as Keppel O&M.”

Significantly, this feat wasaccomplished without anylost time incident in over2.5 million man-hours.Keppel O&M’s commitmentto safety saw their 10-yearlow Accident Frequency Rateof 1.62 for the Group’sSingapore yards in 2005further improved to 1.20 in2006.

Mr Lim Hng Kiang, Ministerfor Trade and Industry for theRepublic of Singapore whograced the ceremony, said,“Keppel FELS has cause tocelebrate as they have againdelivered a new rig on timeand on budget. With over1,000 people workingonboard the rig at any onetime, the company has donewell in ensuring that everyworker who comes to workgoes home safe.

“Above all, I am told that itsowner, PV Drilling, is pleasedwith the quality of this rig.I am glad that companieslike Keppel are constantlyinnovating to develop new

designs with new capabilitiesto meet market needs andstay ahead of competition.”

Built to Keppel’s proprietarydesign, the KFELS B Class rigis PV Drilling’s first newbuildjackup. PV DRILLING I isthe 13th KFELS B Class rigdelivered since itsintroduction in 2000. Thisdemonstrates rapid marketacceptance of a Singaporeanproprietary design.

PV DRILLING I is customisedto PV Drilling’s specificationsfor operations in waterdepths of up to 300 feet anddrilling depths of down to20,000 feet. The rig canaccommodate up to 110men and is readilyupgradeable for higherdrilling capabilities in waterdepths of up to 350 feet.With the delivery, it will be

deployed in OffshoreVietnam.

Keppel FELS has been activelyinvolved in Vietnam since the1980s. In 1984, Keppel FELSbuild Hoang Sa, a 1,200-tonne floating crane. Later in1988, it delivered Vietnam’sfirst drilling rig, Tam Dao 1,for Vietsovpetro, a Vietnam-Russian joint venture.

Beyond the offshore market,sister company Keppel Landhas invested over US$650million dollars in eight realestate projects while KeppelIntegrated Engineering ispresently undertaking twowastewater treatment plantsin Vietnam.

On Vietnam, Minister Limsaid, “The country is also fastbecoming a key regional oiland gas exporter with over

Celebrating the naming of PV DRILLING I at Keppel FELS were (L-R) Mr Tong Chong Heong, MD/COO of Keppel O&M; Mr Tran Ngoc Canh,President for Vietnam Oil And Gas Group; Mr Le Danh Vinh, Vice Minister for Trade, Vietnam; Mr Lim Hng Kiang, Minister for Trade & Industry,Singapore; Mr Do Huu Hao, Vice Minister for Industry, Vietnam; Mr Choo Chiau Beng, Chairman & CEO of Keppel O&M; and Mr Do Van Khanh,General Director of PV Drilling

600 million barrels of provenoil reserves.”

He added, “Singapore ishappy to participate in andcontribute to the growth ofVietnam.”

Trade between Singaporeand Vietnam rose by8.64% to S$11.3 billion in2006, making SingaporeVietnam’s fourth largesttrading partner1. Likewise,the Vietnamese marketplays an important role inSingapore’s economy. WithS$8.7 billion worth ofexports in 2006, Vietnam isSingapore’s 14th largestexport market2. keppelite

1 Source: Vietnam Ministry ofTrade

2 Source: IE Singapore –Vietnam Market Information:Bilateral Trade

March 2007 2/4/07, 4:24 PM5

6 Business


Keppel Land, throughwholly-owned subsidiary,Keppel Land Estate Pte Ltd,has entered into a jointventure (JV) with Tien PhuocCo., Ltd. (Tien Phuoc) toacquire and develop a 4.8 ha(47,906 sm) prime residentialdevelopment in Ho Chi MinhCity, Vietnam.

The total investment capitalfor the project, which will bedeveloped in phases, isestimated at US$106 million(S$162 million). Upon theissuance of investmentcertificate and relevantgovernment approvals,Keppel Land Estate will takeup 55% stake amounting toUS$17.6 million (S$26.9million) of the total registeredcapital of US$32 million(S$49 million) in the JVcompany while establishedlocal property developer, TienPhuoc, will subscribe for theremaining interest.

Located in the popularresidential area of AnPhu Ward, District 2 –where Keppel Land’s fullysold waterfront villadevelopment, Villa Riviera, iscurrently being built – thedevelopment will cater tothe upper income marketand is poised to meetthe growing demand forwell-planned residentialestates.

Keppel Land to develop newresidential project in Ho Chi Minh

The site will yield about1,500 – 1,600 qualityapartments with a potentialgross floor area of 280,000sm. The project has obtainedplanning approval andconstruction is expected tocommence soon.

Mr Ang Wee Gee, Director,Regional Investments ofKeppel Land said, “Vietnam’srecent entry into the WorldTrade Organisation andcontinued strong economicperformance will translateinto greater demand forquality housing in primelocations.

“We are also happy to havefound a like-minded partnerin Tien Phuoc, which will

enable us to further tapopportunities in the country.We are well on track todevelop and deliverbenchmark quality homes tofulfill rising home ownershipaspirations resulting fromVietnam’s rapid growth.”

Situated along the HanoiHighway, the residentialdevelopment is only 6.5 kmaway from the CentralBusiness District and a 15-minute drive to the citycentre. The locale is popularwith the upper income localsand expatriate communities,being in close proximity tothe International School,British International School,f o r e i g n - d e v e l o p e dserviced apartments and

Keppel Land and Tien Phuoc will jointly develop a 4.8 ha site for prime residential development in Ho Chi Minh City, Vietnam – From left:Mr Ang Wee Gee, Director, Regional Investments, Keppel Land, Mr Kevin Wong, Managing Director, Keppel Land, Mr Nguyen Thanh Lap,Chairman of Tien Phuoc Co., Ltd and his wife Madam Nguyen Cuu, Thi Kim Chi

the Metro Hypermart. Thedevelopment is also a 15-minute drive from Saigon Hi-Tech Park in District 9, whereIntel’s US$1 billion test andassembly plant is beingdeveloped.

The proposed developmentwill offer residents aquality lifestyle with acomprehensive rangeof recreational facilitiesincluding a clubhouse, aswimming pool and tenniscourts in lush surrounds andunder 24-hour security.

The sales launch of the firstphase is slated for 2008.keppelite

March 2007 2/4/07, 4:24 PM6

Business 7


The gargantuan task ofconverting the FloatingProduction Unit (FPU) P-53has crossed the six millionmanhours worked withoutany loss time incident. Thisfollows the previousmilestone of five millionmanhours achieved inJanuary 2007.

Celebrating yet anothermilestone were the projectteams from Keppel Shipyard,Petrobras and the CharterDevelopment LimitedLiability Company (CDC).This was held at KeppelShipyard on 19 March 2007

P-53 achieves safety milestoneattended by seniormanagement from thecompanies, subcontractorsand foremen.

Mr Jorge Luiz Zelada,General Manager ofPetrobras, commended,“This achievement is notthe result of chance but theefforts of all our workers.

“We are glad to see theproject crossing yet anothermajor milestone, whichwould not have beenpossible without theteamwork and partnershipbetween the project teams.”

Mr Nelson Yeo, ExecutiveDirector of Keppel Shipyardadded, “This furtherstrengthens our belief that allaccidents are avoidable andwe are very committed todoing so, not only on thisproject, but every single onewe undertake.

“Our Accident FrequencyRate for the first two monthsthis year was 0.18, comparedto 1.34 for the same periodlast year – a markedimprovement. We willcontinue to strive to ensurea good and safe workingenvironment for all ouryards.”

SAFETY FOR SUCCESS

Mr Romulo de MirandaCoelho, Project Managerfor P-53, CDC“This wonderful andremarkable achievementdoes not happen withoutcommitment, endeavour andteamwork, and it reinforcesPetrobras’ sound partnershipwith Keppel.”

Mr Jayamaran, ProjectManager, Keppel Shipyard“This project is special becausewe involve all our contractorsin the safety aspects of thework from the safety briefingsto the area walks.”

Mr Reginaldo SarcinelliFilho, P-53 Hull ConversionManager, Petrobras“To achieve this incrediblesafety record on a complexproject such as this is agreat example of Keppeland Petrobras’ teamwork,commitment and disciplinei n a l l a r e a s , f r o mprocurement to welding, andproject execution to delivery.Everyone is responsible forthemselves and others in theteam. This understandingm a k e s o u r w o r k i n gprocesses smooth and safe.”

Mr Terry Wong, ProjectManager, Keppel Shipyard“Through training theirworke r s , the sen io rmanagement of the sub-contractors contributed to oursafety milestone significantly.”keppelite

Project teams from Keppel Shipyard, Petrobras and CDC commemorate six million manhours achieved without loss time incident

March 2007 2/4/07, 4:24 PM7

8 Business


One Raffles Quay fulfills demandfor world-class office spaceMr Tharman Shanmugaratnam, Minister for Education and Second Minister forFinance opens the 120,000-square metre ‘gateway’ to Singapore’s new businessand financial centre.

Opening the gateway to Singapore’s new business and financial centre – From left: Mr Raymond Chui, GM of Cheung Kong (Holdings); Mr David Martin, GM of One Raffles Quay;Mr Tharman Shanmugaratnum; Minister for Education and Second Minister for Finance; Mr Nicholas Sallnow-Smith, CEO of Hongkong Land Ltd and Mr Kevin Wong, MD of Keppel Land

March 2007 2/4/07, 4:25 PM8

Business 9


The official opening ofOne Raffles Quay marks asignificant step towardsfulfilling Singapore’s growingneed for prime Grade Aoffice space.

One Raffles Quay GeneralManager David Martin saidthe 120,000-square metredevelopment comprisingtwo office towers of 50 and29 storeys is now fully let toworld-class tenants such asABN AMRO, Barclays Capital,Credit Suisse, Deutsche BankAG, Ernst & Young, Reutersand UBS, and will house upto 12,000 banking andfinance professionals.

“The opening of One RafflesQuay helps meet thegrowing demand generatedby Singapore’s rapidlyexpanding banking andfinancial sector as well as

increasing interest fromglobal institutions. It is partof a broader vision to createan integrated financialn e i g h b o u r h o o dincorporating the Marina BayFinancial Centre, which willprovide a further 150,000square metres of A Gradecommercial space underPhase 1.

“The synergy we havegenerated between OneRaffles Quay and the MarinaBay Financial Centre willbuild lasting value for all ourstakeholders. Together, thedevelopments will contributea significant increase toSingapore’s premium officespace from 2010 and in theprocess create a landmarkdevelopment which will beAsia’s answer to CanaryWharf,” Mr Martin said.

At the opening ceremony on2 March 2007, Mr TharmanShanmugaratnam, Ministerfor Education and SecondMinister for Finance saidthat One Raffles Quay addsa bold and creative stroketo Singapore’s changingfinancial centre landscape.

One Raffles Quay, jointlydeveloped by three of Asia’smost experienced propertydevelopers – Cheung Kong(Holdings), Hongkong Landand Keppel Land – marks acoming of age for Singaporeas a global financial hub withworld-class infrastructure.

“One Raffles Quay wasdesigned with the user inmind. Our new globaltenants have welcomedfeatures such as large floorplates suited for tradingfloors, back up power and

data systems to ensurebusiness continuity as well asround-the-clock surveillance.

“Tenants have the addedsatisfaction of knowing thatthe District Cooling Systemincorporated within OneRaffles Quay reduces waterand energy consumptionwhile it enables the buildingto perform at high levels ofefficiency,” Mr Martin said.

“One Raffles Quaycombines these elementswith exacting standards ofproperty managementand service to providea conducive businessenvironment for all ourtenants,” he added. keppelite

Blue-ChipTenants• ABN-AMRO• Allen & Gledhill• Barclays• Credit Suisse• Deutsche Bank• Ernst & Young• Jardine Llyod

Thompson• Norton Rose• Parkway Shenton• Principal Global

Investors• Rothschild• Raiffeisen

ZentralBankOsterreich AG

• Scotiabank• SG Private Banking• UBS

Mr Teo Soon Hoe, Senior Executive Director and Group Finance Director of Keppel Corporation expounds on the vision for the development ofthe Marina Bay Financial Centre

March 2007 2/4/07, 4:25 PM9

10 Business


Covering an area of about1.5 million square kilometres(km) and bounded by theUnited States of America(USA), Mexico and Cuba, theGulf of Mexico is the single,most active oil and gasexploration and productionarea in the world.

More than 40 floating unitsand about 130 jackup unitsare deployed in the region.

Well-poised to meet the highlevels of activity in the Gulfof Mexico, Keppel AmFELS,

Boomsville, Brownsville!

a wholly-owned subsidiary ofKeppel Offshore & Marine(Keppel O&M) is experiencingan escalation of offshoreprojects during the presentoffshore boom.

Mr Ho Cheok Yuen,President and CEO of KeppelAmFELS said “KeppelAmFELS not only kept andmaintained its pool ofexperts and skilled personnelduring the slow marketperiod in the previous years,but had continuallydeveloped and improved its

human resource, facilitiesand system processes.

“As a result, the yard is fullyprepared to meet thedemands and capitalise onthe current upsurge ofbusiness for both newbuildrig projects as well as for therepair and upgrade ofexisting rigs.”

Apart from the seven jackuprig newbuilds it isundertaking for DiamondOffshore, Scorpion Offshore,and Atwood Oceanics, the

Brownsville yard in Texas,USA is also busy with variousoffshore platform conversionand repair jobs.

Among these projects arerepeats from the samecustomers who haveentrusted the building,conversions, upgrades andrepairs of their entire fleet tothe yards of Keppel O&M.

Diamond Offshore(Diamond), a leadingdeepwater drilling contractorwith a fleet of 30

Pride Arkansas Pride Tennessee

March 2007 2/4/07, 4:25 PM10

Business 11


100 tonnes of steelreplacement, quickturnaround of 45 days, onegoal in mind – to get PrideArkansas back to work, ontime and safely.

On top of the steelreplacement of the hull andpiping, major works includethe addition of an eight-manquarter and leg strapping.

Ms Lindsay E. Clark, Directorof Projects for PRIDEInternational commendedKeppel AmFELS for a job welldone. She said, “The PrideArkansas was a short and

Pride in delivery

semisubmersibles (semis) and13 jackups, is one suchcustomer.

To date, Diamond hasawarded Keppel AmFELS17 rig renewal, repair,conversion and majorrefurbishment works.

The semi drilling unit OceanSaratoga arrived in the yardin August last year and iscurrently undergoing therequired renewal and repairworks. Major works werecarried out on its externalstructure and internalsystems. It is scheduled to bedelivered in April 2007.

Another long-time customer,Pride Central America (Pride)also awarded the yard fast-

track repair and renewal jobson 12 of their rigs comingout of the Gulf of Mexico.

Pride Wiscousin (LeTourneauClass 84S) and PrideTennessee (F&G L-780 ModII) have undergone 100 –600 tonnes of steel renewalsamongst other refurbishmentand upgrade works. PrideArkansas (Bethlehem JU-200MC) left the yard recently(see box story).

The yard is also currentlyundertaking the repairsonboard semi-drilling unitKan Tan IV for BeijingZhiyuan Industries managedby Maersk Contractors andNabors 659 jackup rigfor Nabors InternationalManagement. keppelite

difficult project. Even withthe additional scope of theleg strapping, the projectwas accomplished in a shortperiod allowing the rig to goback to work with theshortest possible out-of-service time.

“I would like to personallythank the Keppel AmFelsteam for a safe job welldone. We appreciate yourcontinued support for Prideprojects.”

Pride Arkansas returned towork on 17 February forPemex in the Gulf of Mexico.

Ocean Saratoga

Pride Arkansas sailing back to work

March 2007 2/4/07, 4:25 PM11

12 Business


STRIKING VIRTUEThe strike steel ceremony ofVirtue I, one of the two KFELSB Class jackup rigs owned bythe Jindal Group throughVirtue Drilling Pte Ltd, waswitnessed by Mr Choo ChiauBeng, Chairman & CEO ofKeppel Offshore & Marine(Keppel O&M) and Mr V. K.Nagpaul, Project Head ofJindal Group along withrespective team members.

At the event, Mr Nagpaulshared, “Keppel’s trackrecord speaks volumes. Theyard has always completedprojects on time or ahead oftime, excelled in meetingcustomer’s requirements andabove all, maintained anexcellent safety record.

“This early strike steelceremony further attests tothe Jindal Group’s rightdecision in choosing KeppelFELS as the builder of ourrigs. Our choice of yard is alsoan indication of our faith in

On track to deliverStaying on course its promise of delivering projects on-time, on-budget andsafely, Keppel FELS marks the first quarter of 2007 by achieving several projectmilestones earlier and as scheduled.

MILESTONES 1Q07

Project Owner Milestone Scheduled date Actual date

Virtue I Jindal Group Strike Steel 1 Mar 2007 5 Jan 2007

Maersk Semi No.1 Maersk Contractors Undocking 29 Jan 2007 8 Jan 2007

Al-Zubarah Gulf Drilling International (GDI) Launching 8 Feb 2007 8 Feb 2007

ENSCO 8500 ENSCO Undocking 8 Feb 2007 8 Feb 2007

West Ariel SeaDrill Keel Laying 5 Mar 2007 5 Mar 2007

the quality standards of theworld’s premier rig buildingyard.”

The keel was recently laid forWest Ariel, the fourth KFELS

B Class jackup rig, at KeppelSingmarine for Norwegiancustomer SeaDrill.

This is the second of suchproject that Keppel

Singmarine is undertaking forKeppel FELS. The predecessorbeing Al-Zubarah, wasrecently launched in February.

Mr Paul MacCallum, SeaDrillProject Manager commented,“This innovative method ofassembling the three sectionsindependently in KeppelSingmarine before transferringto Keppel FELS drydock forfinal assembly significantlyshortens the time spent in thedrydock.

“It speaks volumes ofthe innovativeness andengineering capability ofthe Keppel FELS team toensure that the rig will beconstructed to specificationand delivered on schedule.”

SAFETY CULTUREDespite the current heavyworkflow, the yard continuesits quest for zero Loss TimeIncidents (LTI), earning itselfaccolades from customerswho share the common goal

Witnessing the strike steel are (from left) Mr VK Nagpaul, Project Head of Jindal Group,Mr Choo Chiau Beng, Chairman/CEO of Keppel Offshore & Marine and Mr Lim Ah Cheng,Project Manager, Keppel FELS

March 2007 2/4/07, 4:25 PM12

Business 13


of an incident free workenvironment.

These projects receivedbonuses and awards for theirrespective excellent safetyrecords of manhours workedwithout LTI.

Lauding the project teamsat the safety awardpresentation, Mr ErikMadsen, Site Managerof Maersk Contractors(Maersk), commended themfor the achievement of morethan six million manhoursworked without LTI for thefive Maersk projects that are

currently under constructionat Keppel FELS.

To mark the milestone,Maersk presented KeppelFELS with a crystal plaque.

Said Mr Tong Chong Heong,MD/COO of Keppel O&M,at the award ceremony, “Wetake occasions like these toreinforce the need to upkeepa safety culture across thegroup.

“Apart from taking personalcare, every staff must be ableto contribute to reducingrisks if not eliminating them.This starts from the top andKeppel’s management is theflag bearer for safety acrossthe group.”

Although the safetymilestones gave causeto celebrate, Mr PaulMacCallum remindedeveryone during theWest Atlas safety awardceremony to guard againstcomplacency.

He said, “Safety and accidentprevention is ongoing andwe should not becomecomplacent because we haveachieved this target. Let usunite and set our sight on2.5 million manhours and toanother ceremony likethis!”

At the keel laying ceremony of West Ariel are (from left) Mr Bryan Toh, Asst Project Manager, Keppel FELS, Mr Wong Fook Seng, GM (Projects),Keppel FELS, Mr Paul MacCallum,SeaDrill Project Manager, Mr Ian Shearer, Asst MD, SeaDrill, Mr Jay Singam, Senior Project Manager, KeppelFELS, Mr Lee Yoong Hoong, Project Manager, Keppel Singmarine and Mr Hoe Eng Hock, ED, Keppel Singmarine

SAFETY ACHIEVEMENTS 1Q07

Project Customer No. of manhourswithout LTI

Maersk Semi No.1 Maersk 3,000,000

West Atlas SeaDrill 2,000,000

Deep Driller 5 Sinvest 2,000,000

WilBoss Awilco 1,000,000

Al-Zubarah GDI 1,000,000

Maersk Jackup No. 2 Maersk 500,000

United for safety – Keppel, represented by Senior Project Manager, Mr Kwok Kai Choong (right) and Maersk, represented by Mr Erik Madsen,Site Manager, Maersk Contractors

Continues on page 14...

March 2007 2/4/07, 4:26 PM13

14 Business


WILL CRAFT PERFECTIONEarly delivery, within budget,superior quality andexemplary safety records arethe results of excellentproject management.

WilCraft, built to the KFELSB Class jackup rig design, isa fine example of this whenthe rig was delivered tohighly satisfied customer,Awilco.

Awilco presented a bonus ofUS$20,000 to the KeppelFELS project team inrecognition of a job welldone for a quality rig. keppelite

Craft of excellence, WilCraft was completed ahead of time and within budget

SAFETY ACROSSYARDSAs part of the seniormanagement’s regularmeetings with officersacross the Keppel O&Mgroup, Mr Tong met upwith the team at SubicShipyard & Engineeringaccompanied by theirincoming Chairman,Mr Nelson Yeo in a recentvisit to the Philippines.

Mr Tong noted the yard’sprogress and developments,and highlighted theimportance of maintaininggood safety records toenhance productivity and

profitability amidst thegroup’s burgeoningorderbook.

He stressed that the yardsmust remain competitiveand achieve high qualitystandards of products andservices.

To strengthen theo r g a n i s a t i o n , amanagement-trainee andscholarship programmewill develop leadership andenable the senior officersto take on moreresponsibilities within thecompany and across theGroup’s network globally.

Tong and Nelson visitSubic Shipyard

...continued from page 13.

Mr John Campbell (right), Site Manager, Deep Drilling Invest and the Keppel FELS project management team led by Project ManagersMr Wong Khei Luun (second from right) and Mr Lam Kee Hoe (third from right)

March 2007 2/4/07, 4:26 PM14

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KMC is now undergoing the final stages of commissioning

Kepcorp Board visits Singapore’snewest power plantThe Board of Directors ofKeppel Corporation visitedKeppel Energy’s 500MWcombined cycle powerplant on Jurong Island on22 March 2007.

The latest power plant to bedeveloped in Singapore,Keppel Merlimau Cogen(KMC) is now undergoingthe final stages ofcommissioning.

At KMC, the Directorswere briefed on controlroom operations, as well asthe plant’s sophisticatedequipment and technologiesand given a tour of the plantsite.

Construction of KMCbegan in March 2005. KMCsuccessfully synchronisedand dispatched electricity tothe Singapore ElectricityGrid on 31 Oct 2006. Whenit commences operation, itwill be able to provide utilitieslike steam, firefighting water,cooling water and pipecorridor services to potentialindustrial consumers locatedon Jurong Island. KMC is alsolicensed to generate up to1400 MW.

The development of KMC isin line with Keppel Energy’sstrategy of achievingreturns-driven growth in theenergy business throughselective development and

Mr Stuart McWilliams (second from left), Power Station Manager of KMC, leading the Kepcorp Board of Directors on a tour of Singapore’snewest power plant

acquisitions. The license toexpand together with theanticipated opening of thegas market and potential

privatisation of Temasekowned generation assetsprovides Keppel Energywith the platform to seek

further growth options inthe Singapore electricity andgas markets, and beyond.keppelite

March 2007 2/4/07, 4:26 PM15

16 Business


The future of waterfront livingat Keppel BayReflections at Keppel Bay to feature an exclusive mega show gallery withcelebrated luxury brands and Singapore’s largest penthouse.

Be it interior or exterior,Reflections at Keppel Bay isliving art at its most refined.

Mr Augustine Tan, Director,Singapore Residential,Keppel Land, said, “Atruly iconic residentialdevelopment is one thatenjoys the rare convergenceof a prized location, aground-breaking design,premium quality fittings andfinishes and an exceptionallifestyle.

“Reflections at Keppel Bayenjoy all these strengths,backed by Keppel’s vision fora world-class waterfrontproperty. We are confidentthat it will be a landmarkdevelopment for Singapore,projecting premium andpresence.”

Reflections at Keppel Bay will house Singapore’s largest penthouse of 13,300 sf

Award-winning US-based landscape architect, Hargreaves Associates, will create a lush oasis with the expansive grounds in Reflections atKeppel Bay

March 2007 2/4/07, 4:27 PM16

Business 17


Keppel will launchReflections at Keppel Baywith a mega show gallery of29,000 sf, housing threeexquisitely furnished andfinely appointed show suites– the 4-bedroom MinottiSuite (3,500 sf); the 3-bedroom Giorgetti suite(1,500 sf) and a two-bedroom suite (1,000 sf).

Luxury designer furniturebrands, Minotti andGiorgetti, have been roped into lend their signature topresent the world-classlifestyle true to Reflections atKeppel Bay with the latesttrend-setting furniture andadornment, unveiled forfirst time viewing inSingapore and ahead of theinternational Milan FurnitureFair.

Reflections at Keppel Bay willbe in line with market trendsand feature bigger units,more choices in layouts andunit types and select top-endpremium quality fittings andfinishes.

The fittings and finishes aremeticulously sourced toensure premium quality –

from the finest marble andsplendid imported oak toleading designer ware suchGerman brand Mielefor kitchen appliances,Hansgrohe Axor, DuravitStarck and Kaldewei for thebathrooms – each apartmentis finely appointed to meetthe taste and qualityexpectations of discerninghomeowners.

Reflections at Keppel Baywill have a total of 1,129residences, from a 732 sfstudio to the superpenthouse of 13,300 sfwhich crowns the 41st storeyof the central tower. Apartfrom the super penthouse,there will be another34 penthouses ranging insize from 3,600 sf to8,200 sf over two storeys.

‘SUPERLATIVE’PENTHOUSEThe largest to be built to datein Singapore, the superpenthouse of Reflections atKeppel Bay has the built-inspace of about 11,000 sf, sixbedrooms and will spanthree floors from the 39th to41st storeys of the centraltower.

It boasts magnificent livingand entertainment areas anda master-bedroom suite thattake up entire wings of eachfloor. So spacious is the unitthat options will be availableto the owner to pursuepersonalised life-styleoptions, such as creating aprivate spa, gymnasium orart gallery. The internalspaces will open intospacious landscapedterraces, offering panoramicviews of Keppel Bay, Sentosaand the open sea.

MAJESTIC GROUNDSAward-winning and ofSydney 2000 Olympics’ fame– US-based landscapearchitect firm, HargreavesAssociates will also create aluxuriant oasis with theexpansive grounds inReflections at Keppel Bay.

The exclusive clubhouse,designed to maximise thestunning waterfront views atKeppel Bay, provides anexcellent venue to impressand entertain select guests.Lifestyle amenities such as anOlympic-length swimmingpool and a state-of-the-artgymnasium will rival those of

any private country club inSingapore.

Taking centrestage in thedevelopment is a 100,000-sqm reflecting pool skirting thetowers and villa-apartments.

The development will lookequally spectacular at night,with lighting designed byLighting Planner Associates,the renowned Japaneselighting specialists engagedto light up the Singapore cityskyline and Orchard Road.

A true waterfront lifestyleawaits homeowners atKeppel Bay where exclusiveamenities and facilitiesextend to the Marina atKeppel Bay on Keppel Islandwhich include a clubhousewith a member’s lounge,gourmet restaurants, a spaand leisure charter services toaccess neighbouring islands.All owners of homes inKeppel Bay enjoy 10 years offree membership and 5 yearsfree subscription at theMarina. keppelite

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18 Special Focus


Keppel IntegratedEngineering (KIE) hascompleted the constructionof Singapore’s largestNEWater plant at Ulu Pandan.It is also the largest waterreuse plant in East Asia andthe second largest in theworld.

Officiating the opening ofthe Keppel Seghers UluPandan NEWater Plant on15 March 2007 was PrimeMinister Lee Hsien Loong.Other dignitaries presentincluded Minister for the

East Asia’s largest water reuseplant opens

Environment and WaterResources Dr YaacobIbrahim, Minister of DefenceMr Teo Chee Hean, membersof the National ResearchFoundation headed byDr Tony Tan, and theResearch Innovation &Enterprise Council.

The Keppel Seghers UluPandan NEWater Plant has acapacity to produce 32 mgd(148,000m3/day) of NEWaterto supply over 50 percent ofSingapore’s current NEWaterneeds.

Said Mr Lim Chee Onn,Executive Chairman ofKeppel Corporation, “Keppeland PUB have a longhistory of partnership,particularly in thetestbedding of innovativewater technologies. Projectsundertaken jointly with PUBinclude the variable salinityplant, various membranebioreactors as well asmembrane distillation pilots.

“Keppel’s aim of beinga leading provider ofinnovative cost-effective

environmental solutions isin alignment with the visionof the Ministry ofEnvironment and WaterResources (MEWR) todevelop Singapore into astrong and vibrant hydrohub.

“We are working hardto contribute towardsenhancing Singapore’s waterproduction, conservationand treatment capabilities as

Continues on page 20...

A milestone for Singapore and Keppel – (from left) PUB Chief Executive Khoo Teng Chye, PUB Chairman Tan Gee Paw, Minister for the Environment and Water Resources Dr Yaacob Ibrahim,Prime Minister Lee Hsien Loong, Keppel Corporation Executive Chairman Lim Chee Onn and KIE CEO Chua Chee Wui

March 2007 2/4/07, 4:27 PM18

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NEWater is treated usedwater that has undergonestringent purification andtreatment process usingadvanced dual-membrane(microfiltration and reverseosmosis) and ultraviolettechnologies.

Since 2003, NEWater inSingapore has been used forwafer fabrication processes,non-potable applications inmanufacturing processes aswell as air-con cooling towersin commercial buildings. Thishas freed up a large amountof potable water for otherpurposes.

NEWater is currently blendedwith reservoir water and thenundergoes conventionalwater treatment to producedrinking water.

NEWater is ultra-cleanbecause it goes through amulti-barrier waterreclamation process thatcomprises three key stages:– Micro/Ultra filtration– Reverse Osmosis– Ultraviolet Disinfection

Step 1: MicrofiltrationTreated secondary effluentgoes through auto strainersto filter out largerparticulates. It is then passedthrough membranes tofilter out suspended solids,disease-causing bacteria andsome viruses. These areretained on the membrane.

The filtered water containsonly dissolved salts andorganic molecules.

Step 2: Reverse OsmosisIn this stage, a semi-permeable membrane withtiny pores allows only verysmall molecules like watermolecules to pass through.Undesirable contaminantssuch as bacteria, viruses,heavy metals, nitrateschloride, sulphate,disinfection by-products,aromatic hydrocarbons andpesticides cannot penetratethe membrane. Hence,NEWater is Reverse Osmosiswater that is free from virusesand bacteria and containsvery low levels of salts andorganic matters.

This RO process is in twostages, and a low pressureinterstage booster is usedbetween the two stages torecover energy from thesecond stage reject.

Step 3: UltravioletDisinfectionReverse osmosis produceswater of a very high-grade.In this stage, ultraviolet lightis used to ensure that anyremaining organism isinactivated.

Alkaline chemicals are thenadded to restore the pHbalance, following which theNEWater is ready for use.

The NEWater Process

Ultraviolet Disinfection

Reverse Osmosis

Microfiltration

March 2007 2/4/07, 4:27 PM19

20 Special Focus


...continued from page 18.

well as exporting Singapore’swater expertise overseas.”

Presently, KIE is also involvedin a $200 million contractfrom PUB for theconstruction and installationof a sewage processingmodule at the ChangiWater Reclamation Plantin Singapore. It hascommenced the constructionof Singapore’s newest waste-to-energy plant at TuasSouth, which is Singapore’s

first incineration plant to bebuilt under the Public-Private-Partnership (PPP)initiative.

KEPPEL SEGHERS ULUPANDAN NEWATERPLANTThe Keppel Seghers UluPandan NEWater Plant islarger than the combinedcapacities of the existingNEWater factories inoperation at Bedok, Kranjiand Seletar.

Awarded by PUB in early2005 to design, build, ownand operate the plant for 20years under the PPP initiative,the plant will be able to meetthe demand from theindustrial and commercialsectors in the western andcentral regions of Singapore.

The effluent feedwatercomes from both the SouthWorks and Liquid TreatmentModule of the Ulu PandanWater Reclamation Plant and

is conveyed by gravity pipesinto the plant.

In case of emergency or if thefeedwater quality is out ofspecifications, an alternativefeedwater will be supplied byPUB coming from thePandan reservoir or a potablewater source.

NEWater will be delivered toPUB distribution pipelinenetwork going to Kent RidgeService Reservoir and to

KIE’s Head of Engineering Goh Eng Kwang briefing PM Lee on the NEWater Plant

March 2007 2/4/07, 4:28 PM20

21


Modular design forflexibility– Modular design of the

process enables KIE toaccommodate PUB’srequest to change theplant from Industrialwater and NEWaterproduction to purelyNEWater production,with minimal disruptionto the project schedule.

Key Features

Space-saving measuresfor compact design– Reverse Osmosis (RO)

systems are built on top ofthe water tank.

– Utilisation of housings withlarger ports so that the ROmodules are stacked 8 to9 high compared to theusual 5.

industrial consumers atJurong, Tuas, Tuas ExtensionAreas and Jurong Island.

To ensure that the NEWaterproduced at Ulu Pandanc o n s i s t e n t l y m e e t sPUB’s requirements, acomprehensive monitoringand audit system will be in

place. This includes linkingthe plant’s key on-line waterquality monitoring system toPUB’s monitoring room.

NEWater will also be sampledand analysed regularly by anaccredited laboratory. Inaddition, audits will beconducted periodically by

Time & cost-savingconstruction methods– Pre-fabricated steel bolted

tanks are used instead ofconcrete tanks. Thisenables construction of theplant to be completed in20 months (a plant of thiscapacity would typicallytake 24 months tocomplete).

Energy-savingfeatures for lowestoperating cost– The plant is equipped

with RO inter-stageenergy recovery turbinewhich is a first forNEWater plants inSingapore.

– Variable Speed Drives(VSD) are installed at allfeed pumps for energyefficiency whenhandling variable loads.

PUB to ensure that the plant’soperation meets the requiredstandards.

FAST FACTS• Singapore’s largest

NEWater Plant – 148,000cubic meters per day

• NEWater produced each

day can fill 60 Olympic-sizeswimming pools

• Total area of ReverseOsmosis membranes cancover 57 football fields

• Total surface area ofmicrofiltration membranesis enough to cover 25football fields keppelite

PM Lee with the KIE team who helped complete the largest water reuse plant in East Asia

March 2007 2/4/07, 4:28 PM21

22 Business


Keppel Seghers’ Head of Centre of Excellence for Water and R&D Dr Chris Dotremont explaining the efficacies of the Membrane Bioreactor pilotplant to PM Lee at the KETC

Keenly aware of howtechnology differentiates thecompany and enables it tostay ahead in an increasinglycompetitive landscape, KIEis investing $50 million intothe Keppel EnvironmentalTechnology Centre (KETC) toinitiate, manage and conductresearch & development,product deve lopment,e n g i n e e r i n g p ro c e s simprovement , pro jectmanagement improvementand knowledge managementactivities within the KIEGroup. KETC will employ upto 50 research personnel.

Announcing this at theofficial opening of theKeppel Seghers Ulu PandanNEWater Plant, KeppelCorporation ExecutiveChairman Lim Chee Onnsaid, “Keppel Seghers isactively developing bothwater and solid wastetreatment technologies.The recent initiatives ofthe National ResearchFoundation have provided uswith added incentives toelevate our R&D activities tothe next level. We haverecently established theKeppel EnvironmentalTechnology Centre or KETCto drive and direct researchefforts through our Centresof Excellence.”

KETC will focus researchefforts on energy recoveryfrom solid waste treatment,

KIE invests $50 million to build on R&D

minimising residual by-products from waste andwastewater treatment, andmembrane applications forproducing water from non-conventional sources.

Research activities will beconducted in collaborationwith leading academic andindustrial researchinstitutions around theworld, including NanyangTechnological University,Ngee Ann Polytechnic, PUBand National EnvironmentAgency in Singapore, as wellas Stanford University ofUSA, Cranfield University ofUK, TNO and KIWA in theNetherlands and the

Von Karman Institute inBelgium.

KETC will engage in more ofsuch research partnershipswherever KIE operates. Thiswill enable KIE to developtechnologies that meet theenvironmental needs of localcommunities.

KIE’s most recent R&D tie-upis with the Singapore-DelftWater Alliance (SDWA) ofthe National University ofSingapore (NUS) to focus onwater management andtechnologies.

Under the two-year MOUsigned on 14 March 2007,

KIE, together with the staffand students from SDWA willwork towards improvingwater technologies andmanagement techniques.

This will include developingprojects related to waterrelated engineering andresources management suchas integrated water resourcemanagement, water supplyand water quality control,water production from non-conventional sources, andmany more.

Research students and stafffrom SDWA will also be ableto work as interns at KIEduring the research period.keppelite

March 2007 2/4/07, 4:28 PM22

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The Keppel Group sponsoreda networking lunch for morethan 200 CEOs and seniorexecutives from companiesaround the world at theForbes CEO Middle East

Building ties in the Middle EastForum on 26 February 2007in Doha, Qatar.

The invitation-only three-dayforum, aptly themed ‘DrivingGrowth: Risk and Reward in

the Middle East’, aimed toengage participants in issuessuch as the challengesbehind the recent oil boom,political volatility in theregion, employment for the

Group Finance Director Mr Teo Soon Hoe (third from left) with Mr Steve Forbes (fourth from left), Editor-in-Chief of Forbes magazine andPresident & CEO of Forbes Inc, and Keppel staff at the networking lunch in Qatar

Beyond encouraging safetypractices and habits,a culture of safety isfundamental across theKeppel Group.

New initiatives are in placeto propagate and inculcatea safety culture amongst allemployees.

Keppel Land establishedin March this year, aBoard Safety Committee

Safety makes business sensecomprising Mr Tan Yam Pin(Chairman), Mr Khor PohHwa, Mrs Lee Ai Ming andMr Edward Lee.

The Committee will guidethe Workplace Safety andHealth Committee (WSHC) inthe formulation of safetypolicies to ensure theprocesses, checks andbalances are in place andadhered to by everyone,from employees to

co-workers such ascontractors.

From trainings, seminars,third-party safety checks onconstruction sites to regularexperience-sharing sessionsand presentations, thecontinued promotion ofsafety as priority for everyemployee at Keppel Land willgo a long way in makingsafety a good everydaybusiness practice. keppelite

Keppel Land works closely with contractorsto ensure safe worksites

youth population andpartnership between Asiaand the Middle East.

Keppel is among the firstSingapore companies toventure into the Middle Eastmarket as early as 1995 withthe establishment of the jointventure shipyard, Arab HeavyIndustries in Ajman, UnitedArab Emirates.

Keppel’s presence in theMiddle East, and especiallyQatar, has grown in recentyears with the award ofseveral major contracts.

The Middle East, with itsrapidly growing economiesand expanding population,remains a prime market forKeppel. keppelite

March 2007 2/4/07, 4:28 PM23

24 Business


Delivering excellence atKeppel NantongKeppel Nantong Shipyardwas recently awarded theIndustrial Excellence Awardfor 2006 by the NantongMunicipal Government.

This is an annual awardto recognise outstandingenterprises which areforward-looking and madesignificant contributions toNantong’s economicdevelopment.

Held on 1 March 2007, theannual awards ceremony sawonly 20 companies receivingthe awards among all thecompanies in Nantong.

Mr Lee Tai Kwee, Presidentof Keppel Nantong Shipyard,

said, “This award istestimony of the efforts andresources that we have putin over the last three years toestablish and build up thecapabilities of our yard.

Vessels under construction at Keppel Nantong are well on-track

The successful completionof the outfitting for SSPPiranema was the result ofseven months of workinground-the-clock in close co-operation with its owner,Sevan Marine ASA.

Recognising this effort,Sevan Marine awardedKeppel Verolme a bonus ofEUR150,000 for a job welldone.

A FPSO vessel with oil

Another well-executed jobstorage capacity of 300,000barrels, the SSP Piranema hasan oil processing capacity of30,000 barrels per day and agas injection capacity of3.6 million m3 per day.

Its hull and accommodationblocks were built by aChinese yard, followingwhich the vessel went toKeppel Verolme for finalcompletion and installationof the topside process andequipment within three days.

SSP Piranema departedfrom Keppel Verolme inJanuary 2007 for Salvador,Brazil. Following completionof acceptance testing bySevan, the vessel will bedeployed at the Piranemafield in Brazil, under an 11-year contract with Petrobras.

In a note from Petrobras’Director of Exploration andProduction, Mr GuilhermeEstrella, to Keppel Verolme’sM a n a g i n g D i r e c t o r

Mr Harold Linssen, he wrote,“I would like to ask you toaccept my personal andprofessional congratulationsfor the good performance ofKeppel Verolme during theconstruction of the platformin Rotterdam.

“I send to you, on behalf ofPetrobras, the recognition forthe excellent standardsachieved in the yard worksconcerning zero LTI (Loss-time Incidents).” keppelite

“Keppel Nantong remainscommitted to deliveringquality products and serviceson time and within budgetto our valued customers.

With our plans for furtherexpansion in time to come,we will certainly continue tocontribute to Nantong’seconomy.” keppelite

March 2007 2/4/07, 4:28 PM24

Business 25


Keppel FMO, one of thelargest facilities managementservice providers inSingapore, has recentlysecured two contracts fromrepeat customers.

M1 has awarded a two-yearcontract to Keppel FMO forthe provision of mechanicaland electrical services,including maintainingspecialist equipment, fireprotection system and waterfeature at M1’s MainOperation Centre, MiWorldand Regional OperationCentre buildings.

Keppel FMO strengthens trackrecord in facilities management

Caterpillar, another repeatcustomer, has also awardeda two-year contract toKeppel FMO for integratedfacilities maintenanceincluding mechanical andelectrical, plumbing andsanitary services, janitorialservices and management ofspecialised systems.

Mr Yeo Kong Nee, Head ofKeppel FMO, said “Ourability to clinch thesecontracts is a vote ofconfidence from our valuedcustomers who believe in ourpartnership concept, qualitywork, technical expertise and Repeat orders from customers like M1 would further strengthen Keppel FMO’s position as the

preferred service provider in Singapore

emphasis on environmentalsafety. We will remaincustomer-focused, so as to

continuously provide themwith value-added servicesand support.” keppelite

Benoi yard enhances faciltiesCustomers at KeppelSingmarine will benefitfrom further improvementsmade at its Benoi yard.

The slipway has beenextended by 35 metres to225 metres so as to take onmore newbuilding projectsof greater deadweighttonnage (dwt), from 30,000to 45,000 tonnes, or longerand more sophisticatedvessels.

The slipway recently

launched two projects in lessthan a month – part of thehull of jackup rig Al-Zubarahfor Gulf Drilling Internationaland the second Ice-ClassAHTS vessel for LukoilKaliningradmorneft.

The 1,300 sq m-area underthe elevated extendedslipway now houses a pipingand outfitting workshop,equipped with new andadvanced welding andcutting facilities used for lightfabrications. keppelite

Keppel Singmarine’s new slipway will facilitate larger and more sophisticated vessels

March 2007 2/4/07, 4:29 PM25

26 Business


SPC’s wholly-ownedsubsidiary, SingaporePetroleum Venture PrivateLimited (SPV), together withits partners, JECTCorporation and Mr Hyung-Min Kim (collectively “theSellers”), have each sold theirrespective interests in TigerOil Corporation (TOC) toSTX Energy Co. Ltd.

SPC divests interest in Tiger OilThe total cash considerationfor the Sellers’ collective56.42% equity interest inTOC (the “Share Sale”) isKRW26,564,982,000 (“TotalC o n s i d e r a t i o n ” ) ,approximately $42.8 million.The consideration forSPC’s 40.16% equityinterest in TOC is aboutK R W 1 8 . 9 b i l l i o n ,

a p p r o x i m a t e l y$30.5 million.

The Total Consideration issubject to certain purchaseprice adjustments based onthe terms and conditions ofthe agreement with respectto the Share Sale and wasarrived at on a willing buyerand willing seller basis, in

accordance with applicablelaws and regulations.

The Share Sale is expected tobe completed in the first halfof 2007.

This divestment is in line withthe Group’s periodic reviewof its investments. keppelite

Singapore PetroleumCompany Limited’s (SPC)convenient network of‘friendly neighbourhood’stations soon reaches 40,with the award of a 30-yearlease for the development ofa new service station site inPunggol by the HousingDevelopment Board (HDB).

The Company secured thelease through an e-biddingtender process with awinning bid of S$8.5 million.The 1,999 sq m-site issituated at the cross junctionof Punggol Central Road andEdgefield Plains.

While the new site willprimarily serve the residentsof Punggol, it is also wellplaced to capture transienttraffic from two major

SPC secures a new service stationsite in Punggol

residential estates, Sengkangand Hougang, via twoarterial roads that link thethree estates. Punggol isalso flanked by the Pasir RisNew Town and the Seletarestate and connected tothese by the TampinesExpressway. With theanticipated opening of thethe new Kallang/Paya LebarExpressway in 2007, thePunggol estate will be moreeasily and directly accessiblefrom other parts ofSingapore.

Commenting on theacquisition, Mr Chris Keong,Senior Vice-President,Marketing, said, “This is astrategic location toaugment and strengthenSPC’s existing service stationnetwork to provide greater

customer reach andconvenience.

“We are very excited aboutthe potential of this new sitegiven the plans to developPunggol into a model estatefor future HDB residentialprojects. Touted as the placeto live, Punggol will boast a

wide range of recreationalfacilities, lifestyle amenitiesand waterfront livinginfrastructure with aprojected 96,000 dwellingunits. Indeed, SPC’s newservice station is nestled inthe heart of Punggol to caterto the needs of a vibrantcommunity.” keppelite

Operating 24 hours daily, SPC service stations provide one-stop convenience to the motoringpublic

March 2007 2/4/07, 4:29 PM26

Business 27


Mr Cornelis Verolme, ownerof a shipyard in Holland,visited then Presidentof Brazil, Mr JuscelinoKubitschek in the 1950s tonegotiate the construction ofan oil tanker. It was alsothen that the farsightedMr Verolme made thedecision to establish ashipyard in Brazil. In 1959,the Verolme Shipyard wasfounded and remained activeuntil the 1990s.

In March 2000, the shipyardwas bought by KeppelFELS and renamed KeppelBrasFELS.

Keppel BrasFELS paid tributeto the yard’s founder on9 March 2007 when eightrelatives of Mr CornelisVerolme visited the yard.

A trip down memory laneAfter a presentation on theyard’s history, the gueststoured the yard where theysaw first-hand the mammothprojects, P-52 and P-51.

Thanking Keppel for itsefforts in continuing andexpanding her father’s vision,Mrs M. J. Rosenthal-Velrome,youngest daughter of thelate Mr Verolme, shared, “Iam very happy to see suchan advanced shipyard. It isimportant to see that myfather’s dream, which is tohelp the community and thecity of Angra dos Reis and togenerate jobs, continuesto be alive with KeppelBrasFELS.”

Summing up the visit,President & CEO Mr TayKim Hock added, “Today,

BrasFELS is the pioneer in theoffshore and marine industryin Brazil and South America.All these progress, initiatedby Mr Cornelis Verolme, are

Reliving the dreams of Mr Cornelis Verolme

very important and it is goodto know that we are givingcontinuity to a project thatbegan as a dream andbecame a reality.” keppelite

One of the most uniquevessels in the world hasarrived at Keppel Shipyard(Tuas) for repair.

Derrick Barge 101 (DB 101)is one of the fewsemisubmersibles that is notan oil rig, but a Self PropelledSemisubmersible cranebarge. With a maximum liftcapacity of 3,500 ST (short

Repair workstonnes), she is able toperform reel-lay method offlexible pipeline installationand can be used fortraditional derrick bargework.

The vessel will undergorepairs which includes upto 1,500 tonnes of steelrenewal by way ofaccommodation void space,

column ballast tank aswell as main deck renewal.The more challengingaspect of the repair is theaccommodation void as it is20 metres high from floaterdeck.

Katsuragisan, a Very LargeCrude Carrier (VLCC)belonging to MOL TankshipManagement (Asia) Pte Ltd

was in Keppel Shipyard foremergency repairs and outagain in double quick time.

The double hull vessel whichsustained damage to theside shell plate, underwentemergency repair at KeppelShipyard and was delivered in10 days, a day ahead ofschedule. keppelite

March 2007 2/4/07, 4:29 PM27

28 Team


Two seemingly differentindividuals with two verydifferent causes, yet theyshare the same strengths –tenacity in the face ofadversity and strong will toovercome challenges.

Keppelites heard their storiesat the second installment ofthe Grow Beyond talk,entitled Scaling New Heights,held on 21 March 2007 atRaffles Hotel. Our two guestspeakers were Mr KhooSwee Chiow, well-knownSingaporean adventurer andMr Jack Sim, founder ofWorld Toilet Organisation.

Although a familiar face tomost Singaporeans, notmany people know thatMr Khoo has conqueredMount Everest not once, buttwice. He is also the firstSoutheast Asian and fourthin the world to have climbedthe 7 Summits and reachedboth North and South polesor what is known as the“Adventure Grand Slam.”

And scaling heights is not hisonly forte. He holds theGuinness World Record forthe Longest Scuba Dive ina controlled environment,has swam across the Straitsof Malacca, cycled fromSingapore to Beijing andrepresented Singapore asone of the torch-bearers inthe 2004 Olympics inAthens.

Looking for new heights

But his first love has to bescaling new heights. Hispassion began with a a climbup Kilimanjaro. Then he waspart of the first Singaporeanexpedition to reach MountEverest. Within the span ofone year, he also conqueredthe highest peak for each ofthe other six continents andcompleted what is known asthe 7 Summits. He sharedhow planning, training andmental preparation are keyto reaching his goals.

Another demonstration ofhis determination was in

December 2004 when heswam from Indonesia to hishometown, Port Dickson,across the Straits of Malaccasuccessfully in 22 hours over42km. Many do not knowthat amazingly, he onlystarted to learn how to swimthe front crawl in June 2004.

Besides sharing his successes,Mr Khoo also shared on howhe coped with failure. Hefailed to reach North Pole thefirst time when he sufferedfrom frostbite. He also failedto swim across the EnglishChannel due to hypothermia.

His pearl of wisdom duringthese seeming setbacks,“Enjoy your success for fiveminutes. Endure your failurefor five minutes. After that,move on.”

The second speaker at thetalk was Mr Jack Sim,founder of the WorldToilet Organisation (WTO).Although his obstacles areless apparent, they are noless formidable.

Mr Sim started toiling for hiscause for cleaner toilets inresponse to a statement from

Inspiring Keppelites to soil their hands, follow their dreams and reach for greater heights. (From Left): Mr Lim Chee Onn, Executive Chairman ofKeppel Corporation, Mr Khoo Swee Chiow, Singapore adventurer and Mr Jack Sim, Founder of World Toilet Organisation

28 Team

March 2007 2/4/07, 4:29 PM28

Team 29


the-then Prime MinisterMr Goh Chok Tong. Mr Gohmentioned that the stateof public restrooms wasone way to measure socialgraciousness. Recognisingthat there was still much tobe desired, Mr Sim tackledthe taboo subject matterby establishing first, theRestroom Association ofSingapore, then the WTO.

He soon found that hisefforts were hindered bybureaucratic red tape eventhough he was promotingsocial good. Undeterred andspurred on by the challenge,he was able to rally mediasupport for his cause andorganised the first WorldToilet Summit in 2001.

But the restroom king,Mr Sim, was not satisfied torest on his laurels. He wenton to influence governmentsto relook at their policies,regulations and laws to makesure that sanitation issueswere not passed over.

Mr Sim is certainly makinghis mark. The WTO today isthe first non-governmentworld body from Singapore.Since the first World ToiletSummit, Mr Sim has surfacedthe issue of sanitation inKorea, Taiwan, Shanghai,Belfast and Moscow. In2004, Mr Sim was awardedthe inaugural SingaporeGreen Plan award, which isnow known as thePresident’s Award for theEnvironment. In 2006,Mr Jack Sim was awardedthe Social Entrepreneur ofthe Year by the SchwabFoundation in recognition ofhis contributions.

Bowled over by Mr Sim’s sense of humour – (From Left) Mr Sven Ullring, Director of Keppel Corporation, Mr Teo Soon Hoe, Group FinanceDirector of Keppel Corporation, Mr Choo Chiau Beng, Senior Executive Director of Keppel Corporation and Mr Tong Chong Heong, ManagingDirector and COO of Keppel O&M

Multi-tasking.Mr Khoo Swee Chiowwhen asked how he did his “big business” duringhis 22-hour swim across the Straits of Malacca.

But Mr Sim continues toaim high. His next project isto raise the Global SanitationBond Fund with a target ofUSD$10 billion.

Keppelites were bowledover by Mr Khoo’s andMr Sim’s candid sharingo f e x p e r i e n c e s a n dperspectives. And questions

for the two came on fastand furious.

Early yet in the series butjudging from the enthusiasticresponse, the Grow BeyondTalk is proving to becomeplatforms for inspiringKeppelites to passion andscaling greater heights. keppelite

Why not? Weboth talk aboutbig and smallbusinesses.Mr Jack Simwhen explaining thesimilarities between thetwo organisations thatshare the same acronym,World Trade Organisationand World ToiletOrganisation

March 2007 2/4/07, 4:29 PM29

30 Team


2007 marks 35 years ofdedication and committedservice by Mr Choo ChiauBeng to the Keppel Group.

Mr Choo is Senior ExecutiveD i r e c t o r o f K e p p e lCorporation and Chairman &CEO of Keppel Offshore &Marine (Keppel O&M).

In recognition of his sterlingservice to the Group, Mr LimChee Onn, ExecutiveChairman of KeppelCorporation presentedMr Choo with a Gold award.

Said Mr Lim, “In Chiau Beng’s35 years with Keppel, he hasgone through the ups anddowns of the businesses, buton each occasion, he hasemerged much stronger, morecompetitive and much moresuccessful. This to me trulyreflects the leadership ChiauBeng has provided not only toKeppel O&M, but to thewhole Group.

“In the past seven years,from the time I becameChairman in 2000, ChiauBeng together with all of ushave shared the challengeof repositioning andreinventing the Group. Wedo so with the hope thatall our SBUs will be morefighting fit, better able tocapitalise the opportunitiesand ready to meet thechallenges ahead.

Staying gold

Book Awards

A total of $25,500 has been set aside this year asbook awards to children of Keppel Credit Union’s(KCU) members.

If you are a KCU member for three years or more, youmay obtain details and the application forms from theKCU office or Human Resource Department of yourcompany. keppelite

“I mentioned before thatKeppel FELS, from its humblebeginnings in 1971 whenKeppel acquired thecompany, has grown tobecome a world champ. Andmore importantly, it hasmade Singapore worldchamp! There are very fewsuch companies that canclaim this position, andKeppel Corporation, throughKeppel O&M and KeppelFELS, is one of them. For that,I would like to thank ChiauBeng for his contributionsand his commitment.”

On receiving the award,Mr Choo credited hisaccomplishments to his strongteam of management and

colleagues. He said, “InKeppel, no one is a herobecause all of us work inteams. That has been so sincethe day I joined Keppel in 1971.Together, we have learnt manylessons which remain deeplyembedded in us.

Mr Lim Chee Onn (left), Executive Chairman of Keppel Corporation, thanks Mr Choo Chiau Beng for his 35 years of dedication to the Group

“My success is due to all mydependable team mates,especially CH Tong, Sit PengSang, Chee Jin Kiong, CharlieFoo, Nelson, Eng Hock,Michael and many others.Thank you all for yoursupport.” keppelite

March 2007 2/4/07, 4:29 PM30

Team 31


The 3rd Innovation & QualityCircles (iQC) Movement atKeppel FELS ended on a highnote on 31 January 2007with excellent resultsachieved by all ten teamswho participated in theone-day National iQCConvention.

The teams beat competitionat the national level andwalked away with 1 Star,

Excelling in innovation7 Gold and 2 Silverawards.

The ten teams were selectedfrom 26 iQC teams fromvarious departments atKeppel FELS who hadparticipated in the annualInnovation Month launchedon 15 August 2006. Withideas ranging fromrevamping the customerfeedback surveys, designing

reusable lifting padeyesto improvements in thepurchasing and subcontractprocesses, the iQC hasproved to be an effectiveplatform for sharing of bestideas.

Commenting on thesignificant achievement,Mr Tong Chong Heong,MD/COO of Keppel Offshore& Marine, shared, “This

a c h i e v e m e n td e m o n s t r a t e s o u rcommitment in living out ourcore values of innovation andcontinuous learning as westrive towards deliveringvalue-added solutions for ourcustomers.”

Keppelite congratulatesthe ten teams that haveexcelled at the NationaliQC Convention. keppelite

Team MINDS believes that “innovation is the process of harnessing creativity to create newvalue through new products, processes, services and businesses”

Meet the Star – MINDS

AWARD TEAMS PROJECT TITLESTAR MINDS To improve Precision, Clarity and Reliability of 3D-Design for Efficient

(Engineering – CAD) Global Engineering Operations

GOLD SOLUTIONS (HR) To Improve the Effectiveness of HR Induction Programme

GOLD H.O.S.T (Engineering Hull & Outfit) The Design of Reusable Lifting Padeye

GOLD P-TEAM (Purchasing) To improve the Buying Process (Galvanised Class ‘C’ Pipes)

GOLD E-GENS 06 (Production – E&I) Installation of Bulkhead Mounted Panel

GOLD BRILLIANT IDEAS (Production – Facility) Frequent Breakdown of the Brake Repair Set in Gantry / EOT Crane

GOLD GS3 (PE&P) Electronic Profile & Bevel Library (EPBL)

GOLD IGNATIUS (HSE) Improving the Fire Manifold

SILVER GBB (Production – Hull) Reducing the Time Taken in the Cantilever Main Beam Fabrication

SILVER DYNAMIX (Production – Piping) To Eliminate Material Wastage and Manhours due to Fabrication ofTemporary Pipe Spool

To improve globalengineering operations –that was what MINDS, theStar Award winning team,had in mind when theydeveloped their projectentitled A3MR2, acronymfor Automated 3D-Modelling Review &Report.

Represented by the KeppelFELS’ Engineering CADsection, A3MR2 links theKeppel FELS’ Global

Engineering ManagementSystem (GEMS) withTRIBON, thus enablingreal-time update ofinformation across thedifferent engineeringoffices in Mumbai,Bulgaria (Baltech), China,and Singapore.

This creates greaterprecision, clarity, reliability,and clever engineeringsolutions that benefitcustomers.

March 2007 2/4/07, 4:30 PM31

32 People


MR NG TECK MONGTreasurer/VP(Administration),Keppel Cebu ShipyardAfter only a year of workingin Keppel, Teck Mong, whowas then Accountant inKeppel Shipyard, was offereda job posting in Keppel CebuShipyard Inc (Keppel Cebu)as its Treasurer/Vice Presidentfor Administration. It was adefining moment for hiscareer then.

Growing beyond bordersIn this second instalment of the series on Keppel Offshore & Marine’s (KeppelO&M) talent development initiative, we continue to focus on key Finance Officerswho have been posted overseas in leadership positions as part of their jobrotation. Keppelite finds out how their exposure to different working cultureshave moulded and enhanced their management skills.

He said, “In April 2006, I wastold there was an opening inKeppel Cebu and was askedif I was keen to take up thepost. As it was to be my firstposting overseas, I wasnaturally apprehensive andonly decided to take up thepost after discussions withmy wife.”

Ever the thorough worker,Teck Mong did his researchon Cebu and familiarised

himself with the local cultureand customs. Keppel alsoprovided a short orientationprogramme for him beforehe left.

New challenges were notunexpected. Now in thePhilippines, he commented,“The scope of work is widerand processes are different.I oversee a larger team ofstaff and have to approachmatters from differentperspectives. Not only doI have to live up to whatmy predecessors haveestablished, but also toimprove on them.

“Despite the challenges ofadjusting to the lifestyle,local cultures and customs,I built up rapport with mycolleagues. Mr Fok Swee Yin(President of Keppel CebuShipyard) is a veryexperienced andunderstanding boss. Theother Singaporeans attachedhere have been very helpfuland the locals are veryfriendly and hospitable.

“Even though we work sixfull days a week, I try to meetup with fellow Singaporeansworking here, or catch upwith what is happening inSingapore through the

media. One thing I try not tomiss is the English PremiereLeague football! We havealso formed a Singapore-Philippines Association –Cebu Chapter with over 30other Singaporeans livinghere.

“I am happy for theopportunity to be here. Theoverseas experience is indeeda special one. There may bea lot of situational challengeswith different sets of rules,but I am confident that thisposting is going to be afruitful one.”

MR JERALD LEEChief Financial Officer,Keppel VerolmeJerald is no stranger tooverseas postings in theKeppel O&M group. He waspreviously posted to ArabHeavy Industries (AHI) in theUAE in December 2001, andsubsequently moved toKeppel Cebu in August2002. Last year, Jerald wasposted to Keppel Verolme,but had an opportunity of ashort stint in Keppel Norwaywhile awaiting approval forhis Dutch visa.

Despite several postings,Jerald looks forward to moreas he believes each place hasTeck Mong and his son

32 People

March 2007 2/4/07, 4:30 PM32

People 33


its own set of challengeswhich will enrich hisexperience and enable adeeper understanding ofthe businesses.

He shared, “I think it isimportant to keep an openmind and have a positiveattitude so as to be able tounderstand and appreciatethe differences betweencultures. My bosses andcolleagues, both former andcurrent, have been veryhelpful to me. This helps meto settle down into a newcountry quickly.

“The most important lessonI have learnt from myoverseas postings is that weneed to know that ourSingaporean work cultureand practices may not besuitable in all situations andenvironments. The KeppelO&M Core Values have beenintegral in conveying andinternalising the Keppelculture in our overseas SBUs.

“It is important to learn andunderstand the uniquenessof doing business in a foreigncountry. It can be donebest through hands-onexperience. We can sharebest practices and implementthem where applicable inour next posting. The jobrotation also helps us to buildup our network and fostercross-fertilisation of ideas.

“In the Netherlands, myfamily and I have madefriends here and we spendmost of our weekends

exploring the many beautifulnature parks here togetherwith our friends.”

MR TANG YANG NANGFinance/AdministrationManager,Arab Heavy IndustriesTang has been with Keppelfor the past 12 years. Whentold he would be posted toAHI, he accepted his firstoverseas posting with alacrityand in true Can Do! spiritlast July.

Tang said, “There wereseveral major tasks Iundertook immediatelywhen I first took over fromW. K. Wong last year, one ofwhich was the listing of AHIon the Dubai FinancialMarket. We had to holdmany major discussions withthe audit firms and ourpartners in order to make theprocess a smooth andsuccessful one.” AHI waslisted on the Dubai FinancialMarket in December 2006as a Public Joint StockCompany.

“Job rotation provides uswith the opportunity toexperience a differentlifestyle overseas. Our workscope is widened and wegain more exposure. As forthe company, this initiative ofrotating officers around thegroup’s global operations canhelp ensure a pool ofexperienced and well-exposed employees ready tobe deployed when the needarises.

“I am enjoying my stint hereat AHI and have adaptedfairly well to theenvironment. It is importantthat we approach the newsets of challenges withprofessionalism and hardwork. Expectations also haveto be adjusted.”

In addition to these

Keppelites, Mr Jim Lim ofKeppel Shipyard left forKeppel AmFELS as ChiefFinancial Officer last April,taking over Mr EdmundMah, while Mr GunnarLarsen joined the group inOctober 2006 as the ChiefFinancial Officer of KeppelNorway, assisting itsPresident, Mr Inge Oliversen.keppelite

Tang has adapted to the rich culture in the UAE

Jerald enjoys the countryside of the Netherlands with his family

March 2007 2/4/07, 4:30 PM33

34 People


Keppelites Abroad

As a Deacon, churchtreasurer and Sunday schoolteacher at the Houseof Prayer (Baptist Church)in Brownsville, Texas,Mr Agapito Peña, LoftingManager of Keppel AmFELS,has big missions toaccomplish.

The 56-year old has beenactively engaged innumerous mission projects tohelp the less fortunate. Oneof the more significantprojects was the adoption ofa family in El Mesquital,Mexico.

During their monthly visits,Agapito and his family notonly bring with themgroceries, toys and clothing,but also the joy of theirsinging and companionship.

Mission at work

Agapito and his familyalso participated in theconstruction of a churchbuilding and rebuildinghomes after hurricane Emilyhit that area in 2005. Thisyear, they will extend theirhelp to another communityin El Norteño, Mexico, whichis located about 115 milesfrom Brownsville, Texas.

“Our last trip to El Norteñowas on New Year’s Day. Wehanded out presents to thechildren and invited thecommunity for lunch withour whole church. It was avery rewarding experience,”said Agapito.

In addition to helping the lessfortunate of this community,they also donate food toabout 70 children in

Matamoros Mexico at leasttwice a month.

It is with the love and supportfrom his wife, Frances, thatAgapito can manage his timeto do mission work and hismission at work. With theburgeoning offshore marketand the major jobs KeppelAmFELS is undertaking,Agapito’s workload hasgotten heavier.

“Frances is my main pillarof strength. She helpstremendously with theplanning of the missions,being very involved in thetrips to El Norteño andensuring that everything runssmoothly,” he told Keppelite.

Managing a team of 11 menin planning for each Keppel

AmFELS project, Agapitosees to the accuracy of everydetail in all the projectdrawings.

“It is very important toprioritise with such heavyworkload, and also to ensurethat my team stays alert andclear about the objectives ofeach project. Every project isdifferent from another, so wework closely together,supporting and teaching oneanother,” he said.

Agapito started in theindustry as an apprenticewith Marathon LeTourneauin 1972 and subsequentlyjoined Allison McDermit in1988 (which later becameKeppel AmFELS) as a weldertrainee, rising through theranks. keppelite

Agapito (second from right) and his team distributing food supplies and presents to the El Norteño community on New Year’s Day

March 2007 2/4/07, 4:30 PM34

People 35


volunteersKeppel


Road to safety

participants and to join inthe fun as well.

The Tag and Freeze gameemployed the concept of theRed and Green men as seenon traffic lights. Participantscould only move when thegreen man appears and freezewhen the red man lights up.

What is the name of the signshowing a picture of a manwalking with a red line acrossit? To help commit things tomemory, participants alsoplayed the game of matchingthe names of the various trafficsigns with their respectivepictures.

The last activity was AmazingRace, which was carried outwithin the vicinity of CFA.Participants, along with theirteammates, had to draw upthe safest and shortest routeto the various checkpoints andreach their destination.

“The area where the CFAparticipants practise roadsafety is near their school.Holding the activity there givesthem greater confidencewhen moving about the area.It also encourages them topractise road safety as part oftheir everyday routine”, saidMr Marcus Thia, studentvolunteer-in-charge fromSMU. keppelite

Remember that prefectacross the road armed withhis pen and notebook, everready to take down yourname when you forgot toraise your hand whilecrossing the road at thetraffic light during yourprimary school days?

For 15 participants from theCentre For Adults (CFA)under the Association forPersons with Special Needs(APSN), learning road safetywas more pleasurable withKeppel Volunteers andvolunteers from theSingapore ManagementUniversity (SMU). Road safetymessages were cleverlyweaved into games toincrease awareness.

“This joint effort with thestudents from SMU has givenus an opportunity not onlyto encourage and nurturevolunteerism from within butalso outside of Keppel aswell,” said Keppel VolunteerSharon Seo from KeppelShipyard.

The event held on 3 March2007 was sponsored byKeppel Volunteers andorganised by studentvolunteers from SMU.Keppel Volunteers were onhand to facilitatecommunication between thevolunteers and the CFA

Keppel Volunteers, SMU students and participants from APSN’s Centre For Adults put theirheads together for road safety

Which is the safest and fastest route?

Community 35

March 2007 2/4/07, 4:31 PM35

BackPage36


Keppel Seghers, theenvironmental technologydivision of Keppel IntegratedEngineering (KIE), has furtherstrengthened its marketleadership in China bysecuring two contractstotaling S$23 million toprovide solid wastetreatment technologies andservices in Suzhou, Jiangsuprovince, and Zhongshan,Guangdong province.

The first contract, a repeatorder awarded by ChinaEverbright International (EBI),is for the supply andinstallation of KeppelSeghers’ multi-stage air-cooled grate, combustioncontrol system, boiler andsemi-dry flue gas cleaning forthe phase two expansion ofan existing waste-to-energy(WTE) plant in Suzhou.

Keppel Seghers will alsoprovide assistance andsupervision during thec o n s t r u c t i o n a n dcommissioning of the WTEplant, as well as providetechnical training for theplant’s personnel on plantoperations and equipmentmaintenance.

In September last year,Keppel Seghers successfullycommissioned and deliveredphase 1 of the Suzhou WTEplant. When the expansionphase is completed in end

Strengthening market leadershipin China

2008, the plant’s capacity willbe increased to 1550 tons/day.

Mr Chua Chee Wui, ChiefExecutive Officer of KIE, says“This repeat order fromChina Everbright is strongproof of our customer’ssatisfaction with KeppelSeghers’ delivery of the firstphase of the Suzhou WTEplant, which has exceededthe technical specifications interms of treatment capacity,electricity output andemissions standards.

“Our partnership with EBIhas been a win-win forboth parties. We lookforward to fostering a closercollaborative relationshipwith EBI as we work hand-in-hand to grow ourpresence in the environmentprotection industry ofChina.”

The second contract,awarded by new customerZhongshan Tianyi EnergySources Company, is for thesupply and installation ofKeppel Seghers’ multi-stageair-cooled grate, combustioncontrol system, boiler andsemi-dry flue gas cleaning inZhongshan city.

Keppel Seghers will alsoprovide assistance andsupervision during thec o n s t r u c t i o n a n d

commissioning of the WTEplant, as well as providetechnical training for theplant’s personnel on plantoperations and equipmentmaintenance.

When completed in end2008, the 900 ton/day WTEplant will treat wastesgenerated by the residents ofeight towns in the north ofZhongshan.

Added Mr Chua, “KeppelSeghers’ comprehensivesuite of environmentalsolutions currently benefitsmore than 15 million peoplein China by convertingmunicipal waste into cleanenergy.

“Over the last few years, theChinese Government hasdemonstrated its keeninterest and resolve in

environmental protectionand alternative energyproduction. The growingnumber of WTE installationsis proof that China sees thistechnology as a sustainablesolution to preservingthe environment whiledeveloping its boomingeconomy.

“Keppel Seghers is keen tostrengthen our position asthe market leader forimported waste-to-energysolutions in China where wehave 60% of the market bybringing our suite of servicesto more cities in thiscountry.”

Currently, Keppel Seghers isundertaking waste-to-energy projects in Changshu,Shenzhen, Tianjin, Jiangyinand Guangzhou in China.keppelite

Keppel Seghers has successfully commissioned and delivered phase 1 of the Suzhou WTEplant in September 2006

March 2007 2/4/07, 4:31 PM36

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