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Keppel FELS Delivers Jackup Rig

Maritime Activity Reports, Inc.

September 19, 2005

Keppel FELS Limited (Keppel FELS), a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), delivered a KFELS B Class jackup rig to the National Drilling Company of Abu Dhabi (NDC) 18 days ahead of schedule.

At its inauguration ceremony held in Abu Dhabi recently, Mr Tong Chong Heong, Managing Director/Chief Operating Officer of Keppel O&M, said, "The early delivery of Al-Hail is testament to Keppel's promise to our customers to complete our projects on-time, on-budget and above all, safely. We are fully committed to this amid our heavy orderbook. I am very proud of the team for their dedication and commitment."

Al-Hail is NDC's first newbuild jackup in 20 years. It is also the first KFELS B Class jackup customised to meet NDC's requirements for a cost-effective rig. With leg lengths of 307 feet, Al-Hail is tailored specifically for operations in benign Middle East conditions of water depths down to 150 feet.

The rig is also equipped with Keppel's proprietary jacking and fixation system with fully automated control functions developed by Keppel FELS' research and technology arm, Offshore Technology Development (OTD).

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