KEPPEL INKS DEAL FOR JACKUP RIG

摘要

Singapore's Keppel FELS Limited has signed an $180 million contract to build a KFELS B Class jackup rig capa ble of operating in water depths of 400 ft for Standard Drilling Ltd, a subsidiary of Norwegian investment company, Femcliff TIH AS Group. Under the contract, Standard Drilling has options to build another two similar jackup units. If exercised, the options would bring the total contract value to about $550 million. The first rig is slated for delivery in 2H 2012.