28 Mar '13, 6am

Keppel to build four more jackup rigs worth US$820 million for Mexican offshore market:

Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth US$820 million. The jackup rigs will be built to Keppel's proprietary KFELS B Class design and are scheduled for delivery progressively from 2Q 2015 to 4Q 2015. When completed, Keppel FELS will have built ten KFELS B Class jackup rigs for Mexican customers since 2012, including two for PEMEX. Mr Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS, said, "Mexico is an important market for us and we are glad that Mexican operators have chosen the KFELS B Class as their preferred rig design and Keppel as the preferred shipyard. We look forward to support Grupo R as they expand their fleet of premium jackup rigs for the Mexican market, with safe, on time and ...

Full article: http://www.kepcorp.com/en/news_item.aspx?sid=3851

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