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Keppel jack-up bonanza continues

Keppel jack-up bonanza continues
Singapore: Keppel FELS (Keppel) has bagged a $226m order for a jack-up rig from Falcon Energy Group.

The latest in a recent run on Keppel B Class jack-up rigs, the order follows a similar deal last week with ENSCO and a four unit deal with Mexico's Grupo R in March worth $820m.

Keppel has already delivered six rigs ahead of schedule, including a B Class delivered to Asia Offshore Drilling 62 days ahead of schedule, earning the builder a $2m bonus. The latest signing brings the number of B Classes on order to 21 and the new order value for 2013 to $1.8bn.

Falcon Energy is a new customer for Keppel with two jack-ups already on order in China. Besides the units already signed for, the company stated it is "positioning itself to expand its fleet of premium drilling rigs for the market."