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Keppel O&M inks $240m Japan contract

Keppel O&M inks $240m Japan contract
Keppel Offshore & Marine has won a $240m contract for a KFELS Super B Class jackup rig, for BOT Lease (BOTL), a Bank of Tokyo-Mitsubishi affiliate.

Once delivered, the rig, provisionally named Hakuryu 15, is slated for completion end 2016, will be operated by Japan Drilling (JDC).

 

"The KFELS Super B Class is an innovative solution for drilling rigs that can operate in deeper depths and at higher temperature and pressure levels,” said md of Offshore at Keppel O&M Wong Kok Seng. “With 11 such rigs successfully operating around the world, we are confident this new addition will be just as successful for BOTL and JDC.”

 

Yuichiro Ichikawa, president and representative director of JDC, said, "Over the years, we have entrusted several of our newbuilding and repair projects to Keppel and they have proven to be a worthy partner. Hakuryu 11, our KFELS Super B Class unit from Keppel FELS was delivered safely and on-time in 2013, and has been working well in the field.

 

“Hakuryu 15 will enable us to meet the strong demand from our customers for premium class jackup rigs and strengthen our position as a leading offshore drilling contractor. We look forward to receive another outstanding drilling unit that fits our exacting requirements.”

 

Able to drill to a depth of 35,000 ft at water depth of 400ft, the rig is specially engineered to operate in high ambient temperatures, with accommodation for 150 personnel. Further features include an offline stand building capability to handle drill pipes efficiently, and a 2m lbs hook load capacity.