The US-listed riggiant is said to be looking to order five deepwater units as part of a $10bnspending spree over the next five years.
“Wewere invited and we studied the proposal in great detail. But we decided thatfor the time being we would let this one go,” said Keppel Offshore & Marinechief executive Chong Heong Tong.
Expanding on the rationale of the decision KeppelCorp chief executive Chin Hua Loh said: “To us the top line is important, but the bottom line is moreimportant, so we would only take on projects where we believe we can reliablymake a profit.”
Lastmonth
