Keppel delivers Vietnam’s first fully-owned rig two months ahead of schedule

Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered PV DRILLING I, a KFELS B class jackup rig to PetroVietnam Drilling and Well Services Joint Stock Company.

The project, which was signed on 22 February 2005 was delivered to its owner on 7 March 2007, ahead of time and within budget. This is two months ahead of its contractual delivery schedule.