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Keppel Corp says receives requests to delay two projects

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SINGAPORE - Singapore's Keppel Corporation Ltd, one of the world's largest offshore drilling rig builders, said on Friday it had received requests to delay the delivery of two offshore and marine projects.

Yew Yuen Chow, chief executive officer of Keppel Offshore & Marine, told an earnings briefing no agreement had been reached on the issue. He did not give any details on the clients requesting the delay.

Chow also said Keppel was currently not renegotiating payment terms with any clients. On Friday, Keppel reported a 2 per cent increase in 2014 net profit.


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