Asia

Keppel hits $800m Azerbaijackpot

 

Singapore: Keppel Offshore & Marine Ltd, via subsidiaries Caspian Rigbuilders BV and Caspian Shipyard Company, have won a contract from Caspian Drilling Company Ltd to build a semisubmersible drilling rig.
 
The rig deal is valued at close to $800m and scheduled for deliver in the last quarter of 2016.
 
Tong Chong Heong, Keppel O&M ceo said, “This is an important market with great potential which is why we have added another yard, Baku Shipyard, to our capabilities here. Together, our yards are able to provide value-added solutions and extend our offerings for the Caspian Sea.” [04/06/13]

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