Stock News: Keppel Corp won 415 mln contract!

Keppel Corp Ltd may advance after its unit Keppel FELS Ltd won a 415 mln sgd contract from AP Moller-Maersk to build an ultra deep water semi-submersible drilling platform. The new semi-submersible rig is expected to be delivered during the first quarter of 2010, Keppel said. Year to date, Keppel Corp said its offshore and marine engineering division has secured more than 4 bln sgd in new contracts.