The KFELS B Class rigs are scheduled to be completed in the fourth quarter of 2015 and the first quarter of 2016.
Wong Kok Seng, managing director (offshore) of Keppel O&M and managing director of Keppel FELS, highlighted that the company has already delivered 49 KFELS B Class jack-up rigs and has another 17 on order.
The KFELS B Class jack-up rig is able to operate in water depths of up to 400 feet, drill to 30,000 feet deep and equipped with offline standbuilding capability.
Yao Chye Chiang, coo of Clearwater, said: “We continue to see strong demand for new high specification jack-up rigs as the industry continues its rig replacement trend. Even with the number of new jack-up rigs entering the market this year, more than half the existing rigs will be older than 30 years by 2015.”
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