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Keppel FELS to construct jackup rig for East China Sea

04th March 2014

Keppel FELS Limited awarded contract from TS Offshore Limited for the construction of an ultra-high specification jackup rig estimated to cost about USD 500m

The rig has a leg measuring 678 feet and a maximum combined drilling load of 3,860 kips

Keppel FELS Limited (Keppel FELS), a subsidiary of Keppel Offshore & Marine (Keppel O&M) has been granted a contract from TS Offshore Limited (TS Offshore), to build an ultra-high specification jackup rig estimated to cost about USD 500m.

Scheduled for delivery in the first quarter of 2017, it will be the first jackup constructed according to Keppel's new proprietary KFELS N Plus design.

The rig has a leg measuring 678 feet and a maximum combined drilling load of 3,860 kips, the KFELS N Plus is capable of meeting rigorous operating requirements for the toughest wells. It can handle a maximum water depth of 500 feet, drill to depths of 35,000 feet, and has a 100 foot cantilever outreach.

Dr Xiong Shaohui, chairman of TS Offshore, said, "The KFELS N Plus rig is a robust and cost-efficient rig with distinctive safety and operational features. It is one of the world's most advanced rigs of its class with better drilling capabilities, a superior cantilever load performance, a larger deck space, a higher variable load and enhanced accommodations.”

He added that "We have chosen to build this unit in Singapore to meet specific customer requirements. Keppel FELS was probably the only yard able to provide us with such a high specification rig customised to our needs that would be well received by the market.”

Mr Wong Kok Seng, managing director of Keppel O&M and managing director of Keppel FELS said, "We are delighted that TS Offshore has chosen to build their rig for the Eastern China Sea to our ultra-robust and ultra-high specification KFELS N Plus design.”

He described that the rig “has the versatility to operate efficiently in the deeper waters of the Eastern China Sea as well as areas where the operating foundation conditions pose considerable installation challenges.”

 

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