Jindal’s 2nd Jackup – Early & Incident-Free

Wednesday, December 10, 2008

Keppel FELS Limited (Keppel FELS) is set to deliver a jackup rig ahead of schedule to Virtue Drilling, an associate company of India’s Jindal Drilling & Industries (Jindal).

Named in the presence of Guest-of-Honor, Dr Lee Boon Yang, Singapore’s Minister for Information, Communications and the Arts, the jackup rig Virtue I, has also achieved a clean safety record of about 2.1 million man-hours worked without incidents.

“In its strive for excellence in technology innovation and project execution, Keppel Offshore & Marine plays an important role in showcasing Singapore’s capabilities as a world leader in the design and construction of offshore drilling rigs. The successful completion of Virtue I attests to the potential of strong collaboration between Singaporean and Indian companies,” said Dr Lee at the naming ceremony.

Virtue I is the second jackup rig Keppel FELS has completed for Jindal and has been contracted by India’s Oil and Natural Gas Corporation (ONGC) in the Indian Ocean for a period of five years. The first rig, Discovery I was delivered in September this year, 49 days ahead of schedule and without incidents.

Mr Choo Chiau Beng, Chairman and CEO of Keppel Offshore & Marine (Keppel O&M), said, “India is enlarging its sphere in the global oil and gas industry, with its total hydrocarbon resources estimated in the region of 28 billion tonnes, and the government’s push to expand the local sector to reduce its dependence on oil imports. These factors present tremendous opportunities for exploration and production activities, and augur well for supporting clusters in the long run.

“We are honored that Jindal has given us opportunities to strengthen its offshore fleet with two jackup rigs of our proprietary KFELS B Class design. We look forward to build on this strong partnership between our companies to support India’s growth as a major contender in global oil and gas.”

Since the launch of the KFELS B Class design in 2000, Keppel FELS has received 33 orders for its proprietary jackup drilling rigs. VIRTUE I is the 25th unit of this design to enter the offshore market.

Over the last five years, Indian drilling contractors have ordered a total of nine KFELS B Class jackup rigs from Keppel FELS. The total contract value of these rigs amounts to US$1.5b and speaks of the confidence placed in Keppel’s proprietary design.

Made to meet the requirements of international waters and those of ONGC for work in offshore India, Virtue I is capable of operating in water depths of 350 feet and drilling down to 30,000 feet. Keppel’s advanced and fully-automated high capacity rack, pinion elevating system and self-positioning fixation system have been incorporated into the design.

(www.kepcorp.com)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Kongsberg Tech for Peruvian Arctic Research Vessel

Kongsberg Maritime has been chosen to deliver an integrated subsea technology systems package including two HUGIN Autonomous Underwater Vehicles (AUV) for a new

Primeline Turns Against CNOOC

Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC

Olympic Pact with Canyon Offshore

Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0742 sec (13 req/sec)