This month Keppel O&M and Semb Marine had announced orders of US$770mil and US$1bil respectively. Keppel was awarded FLNG and liftboat orders while Semb Marine was awarded a Heavy lift Semi-Sub Crane Vessel. For the two leading O&M companies in Singapore, these are orders after some very quiet 2015 so far when order intake is concern. The last time Keppel O&M announced order intake was in January this year when they were awarded a S$265mil contract to build an ice class vessel and S$65mil contract to build an Anchor Handling Tug and providing of technical services for the construction of a liftboat. As for Semb Marine, the only other order for the year was a FSO conversion contract worth S$56mil. Exploration Halted The number of Oil Rigs required is closely related to the capital expenditure (Capex) programs of Oil companies. Due to the low oil price, capex and other exploration ......