Keppel FELS Delivers Another Premium Rig

Marinelink.com
Friday, August 02, 2013

Keppel FELS has delivered a KFELS B Class jackup rig, to Constructora y Perforadora Latina (CP LATINA), a private Mexican company in the energy sector.
 

The rig was named La Santa Mariaat a ceremony in Keppel FELS. Delivered on time and with a perfect safety record, it will be chartered to Pemex, Mexico's national oil company, for deployment in offshore Mexico.

 

La Santa Maria  is the first of two high-specification jackup rigs that Keppel FELS is building for CP Latina. The second rig is on schedule to be delivered in 4Q 2013.


Mr Wong Kok Seng, Managing Director (Offshore) of Keppel Offshore & Marine and Managing Director of Keppel FELS, said, "This on time and safe delivery is a demonstration of the win-win partnership we have developed with our new customer CP Latina. We are glad that they have chosen the KFELS B Class as their first two jackup rigs. The premier rig of its class, the KFELS B Class has a proven track record in the Gulf of Mexico.


"La Santa Maria is the third such rig Keppel FELS has delivered to Mexican customers since 2012. With another nine on order, we are well placed to be the leading provider of offshore drilling solutions for the Mexican market."


Keppel's proprietary KFELS B Class jackup design is able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet. Developed by Keppel's technology arm, Offshore Technology Development (OTD), the robust rig is equipped with an advanced and fully-automated high capacity rack and pinion jacking system, and Self-Positioning Fixation System.


Mr Santiago del Valle Toca, Chairman of CP Latina, added, "We chose the KFELS B Class for its excellent track record, strong capabilities and cost-efficiencies. We were also looking for a rig that could be delivered to our timeline and this early delivery has shown that Keppel FELS is the right partner for us. As we look to expand our drilling services portfolio, the acquisition of two such rigs is a strong base for us to establish a foothold in the Mexican offshore market. We are confident that the second rig Keppel is building for us will be delivered just as efficiently, enabling us to meet the demands of the market."


Mexico's proven reserves of oil and gas at the start of 2013 is almost 14 billion barrels of crude-oil equivalent. Pemex  announced plans to add between eight and 12 offshore platforms to its drilling fleet earlier this year and unveiled investment plans of US$25.3 billion for 2013, of which US$20 billion will be targeted at upstream activities.


In addition to the second rig for CP Latina, Keppel FELS is also building for the Mexican market - two KFELS B Class jackup rigs for Pemex, five for Grupo R and one for Parden Holding. It recently delivered two similar rigs to Mexican customer Oro Negro while sister yard, Keppel AmFELS in Brownsville, Texas, delivered a jackup rig to Perforadora Central in April 2013 with another due for delivery in 1Q 2014.

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

USCG Free Boat from Ice Near Woods Hole

A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt.

Tug Boat Owner Jailed After Crew Man Dies

A tug boat owner was today was given an 8 month custodial sentence after his crew member died trying to reattach a tow line in a violent storm. During today’s hearing at Southampton Crown Court,

COMPIT to Showcase Smarter Ships, Systems & Solutions

The 14th International Conference on Computer and IT Applications in the Maritime Industries (COMPIT) will take place from 11th to 13th May 2015 in Ulrichshusen, Germany.

Shipbuilding

Delay in Relocating Guangzhou Shipyard

Guangzhou Shipyard International (GSI) has not commenced the relocation of its factory. According to the plan of Guangzhou city, the shipyard should have finished

Mitsubishi Bags Fourth LPG Carrier Order from Astomos

Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier.     The 83,

Zvezda Shipyard Comes Up Despite Western Sanctions

German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.

Offshore

Hercules Offshore Shares Fall 33%

Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

Energy

Mitsubishi Bags Fourth LPG Carrier Order from Astomos

Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier.     The 83,

GasLog Post 4Q 2014 Results

GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Mergers & Acquisitions

VLCCF - 4Q & FY 2014 Results

Knightsbridge Shipping Limited ( VLCCF ) reports net income of $5.2 million and earnings per share of $0.06 for the fourth quarter compared with a net loss of $6.

NMM lines up Box Buy

Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration,

SpeedCast Acquires Geolink Satellite Services

SpeedCast International Limited announced the acquisition of Geolink Satellite Services, part of the CETel Group. The closing of the transaction is subject to regulatory approval.

Offshore Energy

Hercules Offshore Shares Fall 33%

Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators 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: 0.1981 sec (5 req/sec)