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Keppel awarded jack-up contract with Gulf Drilling worth USD 227m

16th September 2014

Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from Gulf Drilling International (GDI) of Qatar to build a repeat high-specification KFELS B Class jack-up rig worth USD 227m

Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from Gulf Drilling International (GDI) of Qatar to build a repeat high-specification KFELS B Class jack-up rig worth USD 227m
The new jack-up, to be named Halul, is scheduled for delivery in 1Q 2016 and will be chartered to Qatar Petroleum for five years

As part of the contract, GDI has options for two more KFELS B Class rigs for deliveries in 2017.

The new jack-up, to be named Halul, is scheduled for delivery in 1Q 2016 and will be chartered to Qatar Petroleum for five years.

Halul is GDI's fifth KFELS B Class jack-up rig ordered from Keppel. The fourth rig, Dukhan, was recently delivered last month.

Les Hat, a similar jack-up, was delivered last year and has been successfully operating for GDI in the Middle East, following in the footsteps of sister rigs, AL Khor and AL Zubarah.

"We are pleased to have been chosen by GDI to build another benchmark jack-up rig for them,” said Wong Kok Seng, managing director of Keppel O&M (Offshore) and Keppel FELS. “The KFELS B Class has established itself as a reliable high specification jack-up rig for the Middle East with more than 10 such rigs successfully operating there.

"Besides the new-build jack-ups, we are also supporting GDI with the construction of a liftboat and the repair and maintenance of their rig fleet. Our strong partnership has been built on a number of successful projects delivered to them over the years and we look forward to continue supporting GDI as they grow in the Middle East."

Customised to GDI's requirements, the new jack-up rig will be designed to operate in the higher ambient temperature of the Middle East. The KFELS B Class is equipped with larger spud cans for reduced bearing pressure and expands its operational coverage in more places, especially in sea beds where soft soil is predominant. The rig can drill wells through 30,000 feet with a cantilever that can skid out 70 feet from the edge of the hull to drill wells. It features offline stand building capabilities and 7,500 PSI mud pumps, with accommodation for 150 persons.

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