Discovery Offshore orders two jackups from Keppel FELS

Discovery Offshore SA has awarded a contract worth $416 million to Keppel FELS Ltd. for construction of two harsh-environment jackup rigs.

Offshore staff

SINGAPORE – Discovery Offshore SA has awarded a contract worth $416 million to Keppel FELS Ltd. for construction of two harsh-environment jackup rigs. The KFELS Super A Class rigs are scheduled for delivery in 2013.

Discovery Offshore has options to order two more jackups as part of its contract with Keppel FELS. If exercised, that option would bring the total contract value to above $840 million.

"This North Sea-compliant rig would be able to operate efficiently in virtually all parts of the world outside Norway and the Arctic,” said Wong Kok Seng MD, Keppel FELS.

The rigs will be capable of operating in water depths of 400 ft (122 m) and drilling depths of 35,000 ft (10,668 m).

1/27/2011

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