Keppel bags $280m accommodation contract

The unit, due for delivery in the fourth quarter 2015, will be the fifth in the series, adding to the 2010-delivered Floatel Superior and Floatel Reliance and the under-construction Floatel Victory and Floatel Endurance.

The DP3 capable semis, with accommodation for 500 personnel, have established a good record with Floatel's customers, as Peter Jacobsson, ceo of Floatel explained, "Floatel Superior and Floatel Reliance, which are in our operating fleet, are both committed on long term contract and our two new buildings, Floatel Victory and Floatel Endurance are committed for work immediately on delivery."

Wong Kok Seng, managing director of Keppel Offshore & Marine and of Keppel FELS said, "We have a strong track record in the design and construction of accommodation semis. This fifth order is a reflection of the win-win partnership we have built with Floatel, the strength of our rig designs and the reliability of our execution.

I am pleased to report that work on Floatel Victory and Floatel Endurance are progressing on schedule and we look forward to providing yet another quality vessel to Floatel safely, on time and within budget."

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