Keppel to build US$180 million KFELS B Class Jackup for Jasper

Keppel to build US$180 million KFELS B Class Jackup for Jasper:

• Press Release

Key Points

• Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth about US$180 million from Jasper Investments Limited (Jasper), with an option for another similar unit. 
• The rig is slated for delivery in 2H 2012.
• If exercised, the option for the additional rig will bring the total contract value to about US$365 million.
• Total value of new contracts secured in 2010 reaches S$3 billion.

About Jasper Investments Limited
Jasper Investments Limited is a holding company listed on the SGX since 1993 which principally invests in the offshore oil and gas drilling and services sector. Jasper’s principal subsidiary, Jasper Offshore, owns and operates oil rigs for deep sea drilling which are contracted out to oil and gas exploration and production companies. For more information on Jasper Investments, please visit http://www.jasperinvests.com/index.php.

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