NEWBUILDINGS AND CONVERSIONS

摘要

Keppel FELS and Scorpion Offshore have agreed to terminate their USD 405 million contract for the construction of a newbuild deepwater semi on mutually acceptable terms. Scorpion announced that its wholly owned subsidiary, Scorpion Deepwater Ltd, was unable to secure necessary funding for the construction and delivery of the unit. Scorpion had been awarded a six-year firm contract for the rig with Petrobras for operations off Brazil. The contractor is working closely with Keppel FELS in the latter's exploratory discussions with interested third parties to take over the building of the unit. The outcome of these discussions is highly uncertain.