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Keppel wins $416m contract to build two jackup rigs

Keppel wins $416m contract to build two jackup rigs

Singapore: Keppel FELS has won a $416m contract from Discovery Offshore to build two jackup rigs, with an option for two additional rigs that will bring the total contract value to above $840m.

The jackup rigs, based on proprietary KFELS Super A Class design, are scheduled for delivery in the first-half and second-half of 2013 respectively. The construction, marketing and operation of the rigs will be managed by Hercules Offshore, operator of jackup and liftboat assets. "This North Sea-compliant rig would be able to operate efficiently in virtually all parts of the world outside Norway and the Arctic," said Wong Kok Seng, managing director of Keppel FELS.

The rigs are suited for harsh environments and cold climate areas, and they are capable of operating in water depths of 400 ft and drilling depths of 35,000 ft. The units are also equipped with pinion overload detection, rack phase difference detection, and brake failure and overload protection devices. [27/01/11]