Keppel Atwood Contract Takes Effect

Friday, March 03, 2006
Keppel AmFELS Inc. is pleased to announce that its contract with a wholly-owned subsidiary of Atwood Oceanics Inc. (Atwood) for the construction of a new jackup rig is now effective.

This contract follows the Letter of Intent signed between the two companies announced on 7 February 2006.

The rig, excluding Owner Furnished Equipment, is valued at US$110 million and is due for delivery in the third quarter of 2008.

Said Mr. Ho Cheok Yuen, President and CEO of Keppel AmFELS, “We are glad that Atwood recognises our ability to deliver solutions on time and on budget. I am certain that when delivered, this new rig will be a great addition to Atwood’s fleet of rigs.”

This new rig will be built to the LeTourneau Super 116E design, with leg lengths of 477 feet (and can be upgraded to 511 feet), and capable of drilling wells up to 30,000 feet deep in water depths of 350 feet.

Mr. John Irwin, President of Atwood Oceanics, said “Atwood and its affiliates are pleased to have the opportunity to work with Keppel AmFELS on this jackup project. Keppel AmFELS has a long established reputation as a strong shipyard with extensive experience in the construction of ultra-premium jackup drilling units.”

Located in Brownsville, Texas, Keppel AmFELS is one of the best-equipped offshore yards in the area, serving customers operating in the Gulf of Mexico and internationally. With this new rig, Keppel AmFELS is constructing a total of seven jackup rigs for Atwood, Scorpion Offshore and Diamond Offshore. The yard is also building two accommodation platforms for PEMEX and a sludge vessel for the City of New York and undertaking the repair works of four offshore structures.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Offshore

DNV GL Targets Safer Approach to Subsea Lifting

The completion of a joint industry project (JIP) to improve existing standards and regulations around subsea lifting operations has resulted in a new recommended practice (RP).

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2723 sec (4 req/sec)