Keppel Wins Its 66th KFELS B Class Jackup Order

Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract to build a jackup rig for US$206 million from Parden Holding, a company based in Uruguay.

Scheduled for delivery in 4Q 2015, the jackup rig is intended for operations in offshore Mexico. It will be built to Keppel’s award winning KFELS B Class design and customised to Parden Holding’s requirements. When completed, it will operate in water depths of up to 400 feet and drill to depths of 30,000 feet with accommodation for up to 150 persons.

This contract brings the total number of KFELS B Class jackup rigs ordered for the Mexican market since 2012 to 12.

Mr Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS said, “We are glad to be able to support Parden Holding with their very first high specification jackup rig as they aim to penetrate the offshore oil and gas market in Mexico. It is an affirmation of the KFELS B Class design and our strong shipyard capabilities. When completed in 2015, we would have 66 KFELS B Class rigs in the market.”

The KFELS B Class design provides maximum uptime with reduced emissions and discharges. For its environmentally-friendly features, it was bestowed the prestigious Engineering Achievement Award from the Institution of Engineers Singapore in 2009. A key element of this design is Keppel’s advanced high capacity rack and pinion jacking system, which enables this robust rig to jack up and down securely even in challenging environments.

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Press Release, August 2, 2013