Keppel may build RI shipyard

Keppel may build RI shipyard

JAKARTA: A Keppel Corp. unit may build a shipyard in Indonesia as Southeast Asia's biggest oil producing nation opens up more areas for exploration to boost oil and natural gas output, executive director Choo Chiau Beng said.

Keppel Offshore & Marine Ltd. will consider the project "provided there is enough work for the yard in the country", Choo said in an e-mail, following an interview.

While "strengthening its presence in markets where its shipyards are located, Keppel will also pursue offshore and marine work in Indonesia and other Southeast Asian fields where there's demand".

Keppel Offshore's Indonesian yard would provide ship repair services and help build offshore exploration vessels and rig equipment, Choo said. -- Bloomberg