Singapore's Keppel Corp to exit oil rig building, focus on infra after 2020 loss

Singapore's Keppel Corp to exit oil rig building, focus on infra after 2020 loss

Photo: Keppel

Singaporean conglomerate Keppel Corp said on Thursday its struggling offshore and marine (O&M) segment will exit the rig-building business and shift its focus to infrastructure projects, including renewable energy.