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Thursday, February 17, 2011

KEPPEL BAGS TWO-RIG CONTRACT FROM TRANSOCEAN WORTH US$380 MILLION

KEPPEL BAGS TWO-RIG CONTRACT FROM TRANSOCEAN WORTH US$380 MILLION:
Key Points
  • Keppel FELS Limited (Keppel FELS) has secured a contract worth approximately US$380 million from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. (Transocean), to build two high-specification jackup rigs based on the KFELS Super B Class Bigfoot design. 
  • The rigs’ deliveries are scheduled from 2H 2012 onwards.
  • As part of the agreement, Transocean has options to order three additional jackup units.
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KEPPEL WINS TWO JACKUPS ORDERS WORTH US$1 BILLION FROM MAERSK

KEPPEL WINS TWO JACKUPS ORDERS WORTH US$1 BILLION FROM MAERSK:
Key Points
  • Keppel FELS Limited (Keppel FELS) has been awarded contracts from Maersk Drilling Holdings Singapore Pte Ltd, a wholly owned subsidiary of A.P. Moller – Maersk A/S (Maersk), to build two Gusto MSC CJ70 harsh  environment jackup rigs worth close to US$1 billion.
  • The first rig is scheduled for delivery near end-2013, with the second rig following seven months later. 
  • As part of the agreement, Maersk has the option to build an additional jackup unit with Keppel FELS.
About A.P. Moller - Maersk Group
The A.P. Moller - Maersk Group is a worldwide conglomerate. It operates in some 130 countries and has a workforce of some 115,000 employees. In addition to owning one of the world’s largest shipping companies, it is involved in a wide range of activities in the energy, logistics, retail and manufacturing industries.

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    Keppel FELS Brasil secures two FPSO topside contracts worth R$500 million

    Keppel FELS Brasil secures two FPSO topside contracts worth R$500 million:
    Key Points
    • Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured two contracts totalling R$500 million (approx. S$381.4 million) — one from Single Buoy Moorings Inc. (SBM), and another from the joint venture company MODEC and Toyo Offshore Production Systems (MTOPS).
    About SBM
    SBM Offshore N.V. is a pioneer in the offshore oil and gas industry. Worldwide, it has over 5,000 employees representing 47 nationalities, and is present in 15 countries. Its activities include the engineering, supply, and offshore installation of most types of offshore terminals or related equipment. In addition, SBM Offshore owns and operates its own fleet of Floating (Production) Storage and Offloading units. SBM Offshore has a track record of developing innovative, cost-effective solutions for the ever-changing needs of its Clients. Each company of the group contributes its technical expertise, making SBM Offshore a market leader.

    About MODEC
    Founded in 1968, MODEC is a general contractor specialising in engineering, procurement, construction, installation and operations of floating production systems including Floating Production Storage and Offloading (FPSO) vessels, Floating Storage and Offloading (FSO) vessels, Tension Leg Platforms (TLPs), Production Semi-Submersibles, Mobile Offshore Production Units (MOPUs) and other new technologies which will meet the challenges of various types of gas production floaters. MODEC provides Floating Production System operation and maintenance services around the world. MODEC is headquartered in Tokyo, Japan and three main offices are located in Tokyo, Houston and Singapore. MODEC has regional offices in Angola, Australia, Brazil, Belgium, China, Cote d'Ivoire, Ghana, Indonesia, Mexico, Nigeria, Thailand and Vietnam. MODEC, Inc. is traded on the Tokyo stock exchange under the symbol 6269.

    About Toyo Engineering Corporation
    Since its inception in 1961, TOYO, one of the world’s leading engineering contractors, has actively deployed Engineering, Procurement and Construction (EPC) business, and successfully delivered large and complex projects over the world. TOYO’s business focuses on the segments of Energy, Oil Refining, Petrochemicals & Chemicals, Oil & Gas Development including Topside facilities on FPSO, Infrastructure and other manufacturing facilities. TOYO is headquartered in Chiba, Japan and has major group companies in Korea, China, India, Malaysia, Thailand, Canada and Brazil which forms TOYO’s worldwide network.

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      Keppel to deliver second DSS(TM) 38 deepwater rig ahead of schedule to Brazil

      Keppel to deliver second DSS(TM) 38 deepwater rig ahead of schedule to Brazil  :
      Key Points
      • Keppel FELS Limited (Keppel FELS) is on track for an early and safe delivery of Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil’s Queiroz Galvão Óleo e Gás (QGOG).
      • Keppel FELS was awarded a total of S$40,000 in safety bonuses from QGOG for the strong safety performance during the construction phase. 
      • The rig has been chartered by Petrobras for six years to support exploration and production activities offshore Brazil.

      KEPPEL WINS US$440 MILLION TWIN JACKUP RIG CONTRACT FROM ENSCO

      KEPPEL WINS US$440 MILLION TWIN JACKUP RIG CONTRACT FROM ENSCO:
      Key Points
      • Keppel FELS Limited (Keppel FELS) has secured a contract to build two enhanced KFELS Super A Class harsh environment jackup rigs from a subsidiary of Ensco plc (NYSE: ESV) at a shipyard price of about US$440 million.
      • These rigs are scheduled for delivery in the second and fourth quarters of 2013. 
      • As part of its contract with Keppel FELS, Ensco has options to order two more similar jackup units.
      About Ensco
      Ensco plc (NYSE: ESV) brings energy to the world as a global provider of offshore drilling services to the petroleum industry. With a fleet of ultra-deepwater semisubmersible and premium jackup drilling rigs, Ensco serves customers with high-quality equipment, a well-trained workforce and a strong record of safety and reliability. To learn more about Ensco, please visit our website at www.enscoplc.com. Ensco plc is an English limited company (England No. 7023598) with its registered office and global headquarters located at 6 Chesterfield Gardens, London, W1J 5BQ. To learn more about Ensco, please visit www.enscoplc.com
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