SINGAPORE – KeppelFELS has secured contracts worth $820 million to build four jackup rigs for Mexican driller Grupo R.
The jackups will be built to Keppel’s KFELS B Class design and are scheduled for delivery from 2Q 2015 to 4Q 2015. The rigs will operate in water depths of up to 400 ft (122 m) and drill to depths of 30,000 ft (9,144 m).
Mexico’s state oil company, Pemex, has said it plans to invest $25.3 billion this year to help counter production declines, with around $20 billion dedicated to upstream activities.
“Pemex have indicated their aim to operate the biggest fleet of jackup rigs in the world and Grupo R is well positioned to support them with four premium jackup rigs,” said Ramiro Garza Vargas, CEO of Grupo R.