Saipem has signed new E&C Offshore contracts in Angola, Kazakhstan and North Sea, worth approximately $950 million.
In Kazakhstan, Saipem, through its joint controlled company Ersai Caspian Contractor LLC in consortium with Keppel Kazakhstan LLP, has been awarded a contract by Teniz Burgylau LLP for the fabrication, outfitting and commissioning of a jack-up rig.
The Keppel FELS B Class rig, designed for the Caspian Sea, will have the capability of drilling wells up to 20,000 feet and of operating in water depths of up to 260 feet. The final assembly and commissioning activities will take place at the Ersai Kuryk yard and the delivery is scheduled for the first quarter of 2015.
This will be the first jack-up built in Kazakhstan.
[mappress]
Shipbuilding Tribune Staff, September 24, 2012; Image: kepcorp