Singapore: Keppel FELS Limited, part of Keppel Offshore & Marine, has received an order from a subsidiary of Transocean to build 5 KFELS Super B Class jackup rigs at a cost of $1.1b.
The five rigs are scheduled to be delivered from 2016 through 2017, and Transocean has an option for an addition five.
Wong Kok Seng, md of Keppel FELS said, “Even with the stiff competition in the market, we are heartened that customers, whether new entrants or well-established ones like Transocean are choosing to build in Singapore and differentiating us for our proven rig designs, reputation for excellent project execution and having a competitive total project price. “
This year Keppel Offshore & Marine has secured 20 newbuild projects worth around S$6.4b. [07/11/13]