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Keppel Fels

Keppel FELS Divests Interest in Rig for $80m

Keppel FELS Limited (Keppel FELS) has transferred its entire 75% interest in ENSCO Enterprises Ltd II (JVC) to ENSCO Offshore International Company (ENSCO) for a cash consideration of US$80 million. The JVC is part of an alliance agreement with ENSCO to build, own and operate a jackup rig, ENSCO 106, valued at around US$105 million. The agreement carries an option for ENSCO to purchase Keppel FELS' entire interest in the rig prior to or upon delivery. The consideration is based on the book value of Keppel FELS’ 75% interest in the JVC.


Keppel FELS $110M Contract

Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Corporation Ltd, has secured a contract to build a KFELS B Class jackup valued at US$110 million for Gulf Drilling International Limited (GDI), Qatar’s first national drilling company. The jackup, GULF-4, well suited in the Arabian Gulf and Indian waters, will be built to Keppel FELS’ proprietary design. It will be capable of operating in 300 feet water depth, drilling down to 30,000 feet and accommodating 110 men.


New Joint Venture Targets Deepwater Markets

J. Ray McDermott, S.A. and Keppel FELS Limited. are in the process of forming a new joint venture company, to be named FloaTEC, LLC, to provide deepwater and ultra deepwater oil and gas development solutions. To add to the Joint Venture’s offerings, J Ray and Keppel FELS plan to draw upon the purchased patent rights previously owned by ABB for the Extended Tension Leg Platform (ETLP) and Single Column Floater (SCF) designs


Keppel FELS Secures ENSCO Order

Keppel FELS Limited (Keppel FELS) won a repeat order for an ultra-deepwater semisubmersible drilling rig from a wholly-owned subsidiary of ENSCO International Incorporated (ENSCO). The total project value is approximately $338 million. The semi is scheduled for delivery in the first quarter 2009. To be named ENSCO 8501, this rig is similar to the first semi, ENSCO 8500, which ENSCO ordered with Keppel FELS in September 2005


Keppel FELS to Deliver KFELS Super B Class Jackup

Lady Sponsor Mrs Evelynn Worum (centre, in red) names Deep Driller 3 as Mr Michael Chia, Executive Director of Keppel FELS (to the right of Mrs Worum) and Mr Choo Chiau Beng, Chairman & CEO of Keppel O&M (extreme right) look on. Keppel FELS Limited (Keppel FELS) is on course to deliver another KFELS Super B Class jackup drilling rig to repeat customer, Sinvest ASA (Sinvest) on time and within budget. Mrs Evelynn Worum, Lady Sponsor and wife of Mr Geir Worum, Chairman of Sinvest


Keppel FELS to Build $205m Jackup Rig

Keppel FELS Limited (Keppel FELS) will build a third KFELS B Class jackup drilling rig worth about US$205 million for PetroVietnam Drilling & Well Services Corp’s (PV Drilling) subsidiary PetroVietnam Drilling Investment Corp (PVD Invest). The agreement is subject to conditions being met by March 14. This latest unit and PVD Invest’s second rig PV Drilling II, which is already under construction at Keppel FELS, are scheduled for delivery in the fourth quarter of 2009 respectively.


Keppel Fels Hopes To Grab Hold Of Europe's Offshore Market

Keppel Fels Energy & Infrastructure Ltd, seeking a foothold in the European offshore market, said on Monday it was in talks to take over Dutch repair and conversion yard Verolme Botlek. The Singapore company gave no indication of the likely cost of acquiring the Rotterdam yard, which has three dry docks and is owned by Wilton Fejinoord Holdings. "This possible acquisition will provide Keppel Fels with an opportunity to expand our network in Europe and to service our customers in the


Keppel's New Wind Turbine Installation Vessel

Photo courtesy Keppel FELS

The Offshore arm of Keppel FELS has commercialized its new wind turbine installation vessel design for deeper waters in partnership with leading fleet owner and operator Seafox Group. Keppel FELS Limited’s (Keppel FELS) multi-purpose self-elevating platform (MPSEP) design has been chosen by the Seafox Group (Seafox) as the basis for a new-generation, wind turbine installation vessel that can withstand harsh offshore environmental conditions all year round in water depths of 65 metres


Keppel to Build Two Jackups for Clearwater

Keppel FELS Limited (Keppel FELS) has secured new orders from Clearwater Capital Partners, LLC (Clearwater) to build a pair of premium KFELS B Class jackup rigs at $360m. The two high specification jackups are scheduled for delivery in 1Q 2013 and 2Q 2013 respectively. As part of the agreement, Clearwater has options to build another two similar jackup units with Keppel FELS. If exercised, the options for the additional two rigs will bring the total contract value to above $730m.


UMW Orders another Jackup Rig from Keppel

UMW NAGA 4 was delivered in February 2013.

Keppel FELS Limited, a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from UMW Drilling 8 Ltd, a wholly-owned subsidiary of UMW Oil & Gas Corporation Sdn. Bhd., for a KFELS B Class jackup rig worth $218 million (USD). It will be the third KFELS B Class jackup rig for UMW Oil & Gas and is scheduled for delivery in 3Q 2015. The first jackup - UMW NAGA 4 - was delivered in February 2013 and the second - UMW NAGA 5 - is expected to be completed


Fairmount Tows Jack-up Rig to Singapore

Tug Fairmount Summit towed jack-up rig West Ariel from Vietnam, to Singapore (Photo courtesy of Fairmount)

Tug Fairmount Summit has towed jack-up rig West Ariel safely from Vung Tau, Vietnam, to Singapore. The towage over a distance of 1,305 miles was performed in seven days with an average speed of 4 knots. The West Ariel, a KFels B class independent leg cantilever jack-up rig


Second Jack-up Rig Joins Maersk Drilling’s Fleet

Maersk XL Enhanced

  Maersk Drilling has taken delivery of its second ultra harsh environment jack-up, XLE-2, from the Keppel FELS shipyard in Singapore on time. The rig will start its mobilisation to the Norwegian North Sea in approximately two weeks, where it will commence a five year contract with Det


Keppel Delivers World’s Largest Jackup Rig to Maersk

XL Enhanced Jack-ups

  Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be named at a ceremony in Norway in October 2014


Keppel Delivers 4th Jackup Rig to Qatar

Keppel delivers Dukhan jack-up rig to GDI Qatar

  Keppel FELS Limited (Keppel FELS) has delivered its fourth jackup rig, "Dukhan", to Gulf Drilling International Ltd. q.s.c. (GDI) of Qatar nine days ahead of schedule, on budget and with a perfect safety record.   “Dukhan” is a high specification rig built to


Keppel Wins US$1-Billion Transocean Jackup Rig Order

A Keppel Jackup-rig: Photo courtesy of Keppel Fels

Keppel FELS Limited has secured a repeat order from a subsidiary of Transocean Ltd. (Transocean) to build 5 KFELS Super B Class jackup rigs for US$1.1 billion. The rigs are scheduled to be delivered progressively from 1Q 2016 to 3Q 2017. In addition


Keppel FELS Delivers Third Accommodation Rig to Floatel

Floatel Victory

Keppel FELS Limited (Keppel FELS) celebrated the naming of their third consecutive accommodation semisubmersible (semi) rig built for Floatel International Ltd (Floatel). The rig will be delivered more than four months ahead of schedule and within budget.


Keppel to Build New Drillship to its Proprietary Design

The CAN DO drillship will be the front runner in exploration, development and completion operations. Following positive feedback and strong enquiries from the market, Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd


Keppel FELS Deliver Second Hercules Offshore Rig

Hercules Resilience: Image credit the builder

Hercules Offshore, have received a second harsh environment KFELS Super A Class jackup rig, named ‘Hercules Resilience’ from Keppel FELLS, Singapore. Developed by Keppel FELS’ R&D arm, Offshore Technology Development (OTD)


Keppel FELS Delivers Jackup Rig to Ensco

ENSCO 121.jpg

Delivery marks 20th rig completion by Keppel FELS in 2013.   Keppel FELS Ltd. (Keppel FELS) has delivered ENSCO 121, the second ultra-premium harsh environment ENSCO 120 Series jackup rig, to Ensco plc (Ensco). Built to an enhanced version of Keppel’s proprietary KFELS Super A Class


Keppel FELS Delivers 21st Rig of 2013

Keppel FELS Ltd (Keppel FELS) has delivered ARABDRILL 60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st newbuild offshore rig that Keppel FELS has delivered in 2013


Keppel FELS to Build Three Jackups

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jackup rigs worth about $650 million (USD) from new customer Fecon International Corp. (Fecon).  


Keppel to Build Jackup for China Waters

The robust KFELS N Plus jackup design is an enhancement of Keppel’s proprietary KFELS N-Class design (pictured), three of which are already in operation.

Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from TS Offshore Limited (TS Offshore), to construct an ultra-high specification jackup rig worth approximately $500 million.


World's Largest Jack-up Rig Named

Worlds Largest Jack-up Rig: Photo courtesy of Maersk Drilling

In a ceremony held at the Keppel FELS shipyard in Singapore, the ultra harsh environment jack-up rig Maersk Intrepid was named in the presence of the Guest of Honour Mr Lui Tuck Yew, Minister for Transport in Singapore. With a leg length of 206


Seadrill Contracts Out Multiple Jack-Up Units

Seadrill vessel: Photo courtesy of the owners

Seadrill Limited informs it has secured new contracts for the jack-up units 'West Tucana', 'West Telesto', 'West Ariel', and 'West Prospero'.  Additionally, the contract for the 'West Mischief' has been extended by four months.  The total revenue potential for the four new contracts and


Keppel, Seafox Partner to Build Jackups

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The accommodation jackup rig with Plug & Abandonment (P&A) features will be based on Keppel’s KFELS J Class design which is suited for the harsh environment of the Norwegian North Sea.   Keppel FELS Limited (Keppel FELS)






 
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