Keppel aims to be back in the "driver's seat" over at a special entity set up to house 13 oil rigs following the merger of its offshore and marine unit with then-rival Sembcorp Marine.
Keppel adds that as part of the existing master services agreement, Seatrium will continue to provide construction, maintenance, and other associated services for the legacy rigs for an initial period of 10 years following the merger with Keppel Offshore & Marine.