The JDPs will include topics such as special purpose rigs, data analytics, and subsea technology.

Senior managers and technical personnel from both companies came together for a two-day workshop to identify areas where they can collaborate to develop innovative technology to address offshore industry challenges and improve efficiency on existing processes.

"This collaboration clearly defines our role as a technology leader and trusted advisor in the industry," says ABS Pacific Division President Derek Novak. "Working with Keppel on these JDPs illustrates our ability to develop new technologies, find novel solutions and establish fresh approaches for validating these concepts."

"As a longtime partner, we greatly appreciate ABS’ view of the industry and insights into technology trends. This collaboration is part of KOMtech’s strategy to deepen collaboration with like-minded partners," says Michael Chia, Managing Director (Marine & Technology) of Keppel Offshore & Marine and Managing Director of KOMtech.

Plans are in place for the details of the JDPs to be finalized in the next few months. The projects are scheduled to be completed within the next two years.