CITATION FOR WINNER, MAXA 2008

Keppel FELS Limited

Keppel FELS Limited is a wholly owned subsidiary of Keppel Corporation, through Keppel Offshore & Marine (Keppel O&M), a leader in offshore rigs, ship repair and conversion and specialised shipbuilding. Integrating the experience and expertise of Keppel FELS, Keppel Shipyard, Keppel Singmarine and its overseas yards, Keppel O&M is one of the largest offshore and marine groups in the world. It has a strategic network of 20 yards serving regions including Asia Pacific, Gulf of Mexico, Brazil, Caspian Sea, Middle East and the North Sea.

A Singapore enterprise, Keppel FELS is a globally acclaimed company with an established reputation in the international market for its versatility, reliability, quality service, timely delivery, good project management and commitment to HSE excellence. Coupled with proprietary technology and critical engineering expertise, Keppel FELS is able to offer quality total solutions to its customers.

A world leader in designing and building jackup and semisubmersible rigs, Keppel FELS’s suite of proprietary rig designs has exceedingly met the needs of the offshore industry.

In many areas, Keppel FELS holds the pinnacle position in the rig building business. This is due to its commitment to innovation, world-class operating systems and focus on sustainability. The company is committed to delivering its projects on time, within budget and without loss time incidents.

The company continually innovates its products, process and system, involving its customers and trend-setting industry partners in the process of design and quality. In product innovation, Keppel FELS has patented innovations such as the self-positioning fixation system in jackup rigs and pioneered the development of deep-draft semisubmersibles.

Its world-class operating system is based on strong project management which has led to outstanding performance in quality; a flexible system of strategic in-house planning and outsourcing which aids the company in a changing business environment; and a very strong safety culture, which is disseminated from top management to daily enforcement on the shop floor.

In its focus on long term sustainability, Keppel FELS has impressive top management role models who are involved in problem solving, safety practices and energy saving practices. The company also maintains strong partnerships with its customers, suppliers and subcontractors, ensuring continual support and brand loyalty. Finally, the company also practises strategic talent management and succession planning where they have identified critical positions and have developed structured leadership programmes to ensure the long term viability of the company.

In recognition of its overall excellence in innovation, operating systems and sustainability, Keppel FELS is presented with the MAXA 2008 Award.