Asia

Keppel ups FPSO focus in the Philippines

Singapore: Keppel Corporation’s subsidiary, KS Investments and its associated company, Dyna-Mac Holdings, have entered into a shareholders’ agreement and have jointly incorporated a company in the Philippines known as Dyna-Mac Keppel Philippines. The shareholding interests of KSI and Dyna-Mac in DMKP are 40% and 60% respectively.

DMKP will be engaged in the business of fabrication of topside modules for floating, production, storage and offloading (FPSO), and floating, storage and offloading (FSO) vessels in the Philippines.  [25/02/13]

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