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Keppel Shipyard bags $145m deal

Keppel Shipyard bags $145m deal

Singapore: Keppel Offshore and Marine unit Keppel Shipyard has won a $145 million contract for the integration and completion of a 'Bully' rig design drill-ship.
This is the second similar contract awarded to Keppel Shipyard by a company jointly owned by Frontier Drilling and Shell, local media reported.
The first drill-ship contract was awarded last June for delivery by the fourth quarter 2009.
The hull for the second drill-ship will be built in China and is due to arrive at Keppel Shipyard in the first quarter of next year.
Delivery is expected by the second quarter of 2010. [24/01/08]

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