FELS – LeTourneau – Baker
175 years and 436 Jackups combined history, united as Seatrium Offshore Technology (SOT)
A leading offshore equipment provider, backed by strong design and service teams, providing cradle-to-grave solutions to our clients.
1929
1953
1955
1972
1974
1980
1984
1994
1995
1997
1998
2001
2011
2012
2016
2020
2022
2023
1929
R. G. LeTourneau’s Earth Moving company was incorporated in California as “R.G. LeTourneau, Inc.”
1953-1955
Sold to Westinghouse Air Brake Company.
1972
Sold to Marathon Manufacturing Company.
1974
Baker Marine Corporation (BMC) was founded.
1980
Baker Marine Pte Ltd (BMPL) commenced in Singapore as a subsidiary of BMC.
1984
BMC’s proprietary designs for rigs, platforms, and equipment transferred to BMPL.
1994
Sold to Rowan.
1994
(OTD) is set up under Keppel for the development of critical jackup equipment.
1995
BMPL acquired by PPL Shipyard Pte Ltd.
1997
William T. Bennett, Jr., (former CEO of Friede & Goldman) established Bennett & Associates.
1997
OTD embarks on jackup rid design. FELS, renamed Keppel FELS, acquires the rights to the f&G MOD V and MOD VI designs.
1998
OTD works closely with Bennett on the B-Class design.
2001
Sembcorp Marine acquired 50% of PPL.
2011
Sold to Joy Global which was acquired by Komatsu Mining Corp. Drilling, Marine, and Power divisions then sold to Cameron Internation.
2012
Keppel acquires Bennet and Associates, renames as Bennett Offshore.
2016
Sembcorp Marine fully acquired 100% of PPL.
2016
Keppel acquires LeTourneau Offshore Products (jackups, cranes, and elevating units).
2020
LeT absorbs Bennet Offshore.
2022
SCM – KOM merger announced.
2023
Merger completed, renamed as Seatrium.
Aug 2023
FELS – LeTourneau – Baker
175 Years and 436 Jackups Combined History, United as Seatrium Offshore Technology (SOT).
1929
1953
1955
1972
1974
1980
1984
1994
1995
1997
1998
2001
2011
2012
2016
2020
2022
2023
1929
R. G. LeTourneau’s Earth Moving company was incorporated in California as “R.G. LeTourneau, Inc.”
1953-1955
Sold to Westinghouse Air Brake Company.
1972
Sold to Marathon Manufacturing Company.
1974
Baker Marine Corporation (BMC) was founded.
1980
Baker Marine Pte Ltd (BMPL) commenced in Singapore as a subsidiary of BMC.
1984
BMC’s proprietary designs for rigs, platforms, and equipment transferred to BMPL.
1994
Sold to Rowan.
1994
(OTD) is set up under Keppel for the development of critical jackup equipment.
1995
BMPL acquired by PPL Shipyard Pte Ltd.
1997
William T. Bennett, Jr., (former CEO of Friede & Goldman) established Bennett & Associates.
1997
OTD embarks on jackup rid design. FELS, renamed Keppel FELS, acquires the rights to the f&G MOD V and MOD VI designs.
1998
OTD works closely with Bennett on the B-Class design.
2001
Sembcorp Marine acquired 50% of PPL.
2011
Sold to Joy Global which was acquired by Komatsu Mining Corp. Drilling, Marine, and Power divisions then sold to Cameron Internation.
2012
Keppel acquires Bennet and Associates, renames as Bennett Offshore.
2016
Sembcorp Marine fully acquired 100% of PPL.
2016
Keppel acquires LeTourneau Offshore Products (jackups, cranes, and elevating units).
2020
LeT absorbs Bennet Offshore.
2022
SCM – KOM merger announced.
2023
Merger completed, renamed as Seatrium.
Aug 2023
FELS – LeTourneau – Baker
175 Years and 436 Jackups Combined History, United as Seatrium Offshore Technology (SOT).
1929 – 2023
1929
R. G. LeTourneau’s Earth Moving company was incorporated in California as “R.G. LeTourneau, Inc.”
1953-1955
Sold to Westinghouse Air Brake Company.
1972
Sold to Marathon Manufacturing Company.
1974
Baker Marine Corporation (BMC) was founded.
1980
Baker Marine Pte Ltd (BMPL) commenced in Singapore as a subsidiary of BMC.
1994
Sold to Rowan.
1994
(OTD) is set up under Keppel for the development of critical jackup equipment.
1997
William T. Bennett, Jr., (former CEO of Friede & Goldman) established Bennett & Associates.
2001
Sembcorp Marine acquired 50% of PPL.
2012
Keppel acquires Bennet and Associates, renames as Bennett Offshore.
2022
SCM – KOM merger announced.
Aug 2023
FELS – LeTourneau – Baker
175 Years and 436 Jackups Combined History, United as Seatrium Offshore Technology (SOT).
