Keppel Offshore & Marine Limited telah mendapat sinyal dari Seadrill Limited, Scorpion Offshore Ltd, dan Lewek Shipping Pte Ltd bahwa mereka akan meninjau option mereka atas kontrak newbuilding mereka yang ditandatangani pada pertengahan tahun ini.

The contracts under review are for a semisubmersible for Scorpion Offshore, two jackup rigs for Seadrill and a Multi-Functional Support Vessel for Lewek Shipping.

Keppel O&M is in talks with them to arrive at mutually acceptable arrangements for these contracts.

Construction work has not started on these projects, for which Keppel O&M has received downpayments.

If these contracts are cancelled, the cancellations are not expected to have any material impact on the net tangible assets or earnings per share of Keppel Corporation for the financial year ending December 31, 2008.