Transocean Offshore Deepwater Holdings Ltd News

Keppel FELS Limited has secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd., valued at $195 million. Following its order of two jack-up rigs from Keppel FELS on February 17, Transocean is exercising its option to build another high-specification jack-up rig based on the KFELS Super B Class Bigfoot design for delivery in 3Q2013. This rig is designed with larger spud cans, expanding its operational coverage to more places, especially areas where soft soil is predominant. Having larger spud cans enables the unit to operate efficiently while minimizing potential leg penetration problems in soft soil conditions.

Keppel FELS Limited (Keppel FELS) secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. (Transocean) for US$195 million. Following its order of two jack-up rigs from Keppel FELS on 17 February 2011, Transocean is exercising its option to build another high specification jack-up rig based on the KFELS Super B Class Bigfoot design for delivery in 3Q2013. Mr Wong Kok Seng, Managing Director of Keppel FELS said, "We are pleased that Transocean has chosen to exercise their option in building another jack-up rig to our proprietary design. We have developed a winning collaboration with Transocean over the years through numerous projects.