Keppel Reports $83M Rig Deal

Singapore conglomerate Keppel Corp said today that its U.S. unit has won an $83-million contract to build a new jack-up rig for Mexican offshore and onshore drilling service provider Perforadora Central.

It said in a statement the drilling rig was due for delivery to its customer in the first quarter of 2004.

It also said the group would continue to focus on its three key businesses - offshore & marine, infrastructure and property.