2 hours ago
Description
(AWP Alliance News) - Keppel signed a strategic framework agreement with Apollo in October 2026 to explore large-scale private capital solutions for Asia-Pacific companies and asset owners. Keppel will serve as general partner.
Separately, its RigCo unit entered a collaboration with Seatrium in October to complete construction work on four legacy rigs under an existing master services arrangement. The first two rigs are expected to be delivered in 2027 and 2028, respectively.
The phased completion supports a program to monetize up to 10 legacy rigs through Keppel Offshore Fund, with Apollo investing as a limited partner.
https://docs.publicnow.com/60632B7EE1AD61D7E590B59259FE3E7A109BE2E9
Disclaimer: This news brief was created using generative artificial intelligence. Keppel Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) on October 28, 2026, and is solely responsible for the information contained therein.
