From the Motley Fool, dated 9th May, 2013
Keppel Corp (NASDAQOTH: KPELY.PK), the world’s largest builder of offshore oil rigs has reported a significant slide in earnings, but this shouldn’t come as a surprise as management has been giving warning signals to shareholders. The company also operates in property and infrastructure segments, but its bread and butter mainly relies on developing offshore rigs for oil majors such as Royal Dutch Shell (NYSE: RDS-A). Keppel is one of the biggest firms in Singapore, and is responsible for half of the world’s jack-up rigs delivered since 2000.It has also moved into the relatively newer Floating LNG, or FLNG, vessel segment and is currently
