Keppel secures US$140 million deepwater upgrading contracts from Transocean

Keppel FELS Limited (Keppel FELS) and Keppel Verolme BV (Keppel Verolme) have each clinched a contract from Transocean Inc. (Transocean), worth a total of US$140 million.
Each contract is for the upgrading of a Sedco 700-series semisubmersible drilling rig. The two Keppel yards reap substantial synergy with respect to engineering, purchasing and pre-fabrication works for the project.