Keppel FELS Awarded Contract

Keppel FELS Limited (KFELS) has earned a cash bonus and another contract from Diamond Offshore Drilling Inc. to upgrade the sister rig, Ocean Rover. The $60 million project on Ocean Baroness only took 17 months and was delivered well ahead of schedule and on budget as well.

While work was still in progress in November 2001, the owner, Diamond Offshore was so satisfied with the job that they awarded KFELS with the contract on Ocean Rover. Lawrence Dickerson, president and chief operating officer of Diamond Offshore said, “The upgrading of the Ocean Baroness was an outstanding workmanship by Keppel FELS. The timely delivery of this rig will bring substantial benefits to us. The Ocean Baroness will be the choice tool in the next phase of deepwater drilling.”