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Keppel Contracted to Build Floatel Semi-submersible

Keppel and Floatel sign contract for a fourth accommodation semi at US$ 315-million. Keppel FELS Limited and Floatel International Ltd (Floatel) have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible. With delivery in early 2015, the new semi will be built to the Floatel Superior design, a DSSTM 20NS design developed by GustoMSC and Keppel FELS' Deepwater Technology Group. Equipped with Dynamic Positioning (DP) 3 capability, it will meet the most stringent rules and regulations for worldwide operations including the Norwegian Sector.