Reasons why Singapore market was 'tantalised' by Keppel's jackup orders

Clue: Caspian Drilling's US$800m order.

According to Maybank Kim Eng, tantalised by jackup orders surprising on the upside since the beginning of the year, the market was indeed waiting out for deepwater semisub orders.

Keppel hinted in its 1Q13 results announcement that it expects to secure at least one semisub order by 2H13.

Here's more from Maybank Kim Eng:

The recent order from Caspian Drilling for a USD800m semisub marks the end to such a wait. We expect orders going forward to consist of an increasing mix of semisub orders given the optimism echoed by leading drillers on the deepwater space in their 1Q13 results.

This should lift confidence in the market that the offshore rigbuilding cycle is indeed on the upturn.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia