Keppel Fels Limited News

16 Jul 2019

Van Oord Enacts Hopper Dredger Option

Photo: Van Oord

Van Oord has decided to use the option of ordering a third trailing suction hopper dredger at Keppel FELS Limited. The vessel is similar to the two vessels that Van Oord ordered in May 2018. Each one has a hopper capacity of approximately 10,500 cubic meters and measures 138 meters in length and 28 meters across the beam.This investment is part of a broader fleet renewal program in the Dredging business unit. The new hoppers will replace existing vessels and fit in with Van Oord’s aim of making its fleet state-of-the-art and more energy efficient.

18 Apr 2019

Keppel Bags $118mln Upgrading Contracts

Image: Keppel Offshore & Marine

Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel Shipyard Ltd (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), secured integration and upgrading contracts worth a combined value of about S$160mln (USD 118mln).Chris Ong, CEO, Keppel O&M, said, "These contracts from repeat customers are testament to Keppel O&M's strong customer service in delivering on time, within budget and safely as well as our extensive track record…

12 Mar 2018

Keppel Bags Awilco's Semi-submersible Rig Order

The Offshore Division, helmed by Keppel FELS, leads the industry in the design and building of high performance mobile offshore rigs. Photo Keppel

Following the Letter of Intent signed by Keppel Offshore & Marine Ltd through its wholly-owned subsidiary, Keppel FELS Limited, with Awilco Drilling PLC, Keppel has secured the contract to construct a mid-water semisubmersible (semi) drilling rig for harsh environment use worth about $425 million. As part of the transaction, Awilco has independent options to order up to another three similar rigs to be exercised within 12, 24 and 36 months respectively. The prices of the three…

02 Jan 2017

Keppel FELS Resells Jackup Rig

Photo Keppel Offshore & Marine

Keppel Corporation Limited (the “Company” or “KCL”) refers to its announcement on 2 August 2013 on the construction contract ("Construction Contract") entered between Keppel FELS Limited (“KFELS”), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (“KOM”), and Parden Holding S.R.L. (“Parden”) for the construction of a KFELS B Class jackup rig (the “Jackup Rig”). Following Parden’s failure to take delivery of the Jackup Rig and make payment for the balance 80% of the contract value…

27 Mar 2016

Another 2 Keppel FELS Rigs for Mexico

Image Courtesy Keppel FELS

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered two jackup rigs to Mexican company, Grupo R. Built to Keppel's proprietary KFELS B Class design, the rigs, CANTARELL I and CANTARELL II, will be chartered to PEMEX, Mexico's national oil company, for operations in the Cantarell oil field in offshore Mexico. They are the first two of five jackup rigs that Keppel FELS is building for Grupo R. Mr Wong Kok Seng…

13 Jul 2015

Keppel Secures $85 mln Liftboat Order

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from Crystal Heights Holdings Limited, a company specializing in the offshore oil and gas market, to build a high specification liftboat worth $85 million. The liftboat is designed by Keppel O&M's liftboat design specialist, Bennett Offshore in collaboration with Keppel FELS. Scheduled for delivery in 4Q 2017, the liftboat will have provisions enabling it to operate in China, the Middle East and the Gulf of Mexico. Liftboats are dedicated vessels used to support offshore platforms in construction, accommodation and well intervention as well as maintenance and installation.

31 May 2015

More Keppel FELS Jackup Rigs for Mexico

Keppel AmFELS is the premier offshore yard in the Gulf of Mexico

Keppel FELS Limited , a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is on track to deliver three KFELS B Class jackup rigs to Mexican company, Grupo R, safely, on time and on budget. A world's first triple rig naming ceremony was held today at Keppel FELS' yard with Mr Chan Chun Sing, Singapore's Minister in Prime Minister's Office and Secretary-General of the National Trades Union Congress as the Guest of Honour. Built to Keppel's proprietary KFELS B Class design…

30 Mar 2015

Keppel FELS Delivers 11th Jackup to Mexico

Photo courtesy of Keppel FELS

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class jackup rig to Mexican national oil company, Petróleos Mexicanos (PEMEX), safely, on time and on budget. The rig was named Kukulkan by Lady Sponsor Mrs Valerie Pahl-Hernandez, wife of Mr Gustavo Hernandez Garcia, Director General of PEMEX Exploration & Production, at a ceremony at Keppel FELS this evening. Kukulkan is the second jackup rig Keppel has built directly for PEMEX.

16 Feb 2015

Keppel FELS Delivers Largest Rig to Maersk

Maersk Integrator Photo courtesy Keppel Offshore & Marine

Keppel FELS Limited has delivered the ultra-harsh jackup rig, Maersk Integrator, to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, thirty days ahead of schedule, on budget and with a perfect safety record. The rig was named at a ceremony today in Keppel FELS by Ms Margareth Øvrum, Executive Vice President, Technology, Projects and Drilling, Statoil. Maersk Integrator is an XL Enhanced (XLE) harsh environment jackup rig and the third in the XLE series delivered to Maersk Drilling.

17 Sep 2014

Fifth Jackup Contract for Keppel from Gulf Drilling

KFELS jackup rig

Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a contract from Gulf Drilling International Ltd. of Qatar to build a repeat high-specification KFELS B Class jackup rig worth US$227 million. As part of the contract, GDI has options for two more KFELS B Class rigs for deliveries in 2017. On the new jackup, to be named Halul, Keppel FELS has already begun preparations for its scheduled delivery in 1Q 2016 during the course of discussions with GDI. Upon delivery, Halul will be chartered to Qatar Petroleum for five years.

21 Aug 2014

Keppel Delivers 4th Jackup Rig to Qatar

Keppel delivers Dukhan jack-up rig to GDI Qatar

Keppel FELS Limited (Keppel FELS) has delivered its fourth jackup rig, "Dukhan", to Gulf Drilling International Ltd. q.s.c. (GDI) of Qatar nine days ahead of schedule, on budget and with a perfect safety record. “Dukhan” is a high specification rig built to Keppel’s proprietary KFELS B Class design. Keppel FELS has previously delivered three similar jackup rigs to GDI; "Al Khor", "Al Zubarah" and "Les-hat". Mr Wong Kok Seng Managing Director (Offshore) of Keppel Offshore & Marine (Keppel O&M) and Keppel FELS said…

08 Aug 2014

Keppel Delivers World’s Largest Jackup Rig to Maersk

XL Enhanced Jack-ups

Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be named at a ceremony in Norway in October 2014, is a XL Enhanced (XLE) harsh environment jackup rig. It has been customised for operations in the North Sea and has been chartered by Det norske oljeselskap ASA (Det norske) for deployment in the Ivar Aasen project in Norway for five years.

28 Apr 2014

Keppel, Seafox Partner to Build Jackups

The accommodation jackup rig with Plug & Abandonment (P&A) features will be based on Keppel’s KFELS J Class design which is suited for the harsh environment of the Norwegian North Sea. Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox B.V, a subsidiary of the Seafox Group (Seafox), to embark on an engineering study of a purpose-built accommodation jackup rig with well intervention and P&A features.

04 Mar 2014

Keppel to Build Jackup for China Waters

The robust KFELS N Plus jackup design is an enhancement of Keppel’s proprietary KFELS N-Class design (pictured), three of which are already in operation.

Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from TS Offshore Limited (TS Offshore), to construct an ultra-high specification jackup rig worth approximately $500 million. Scheduled for delivery in the first quarter of 2017, the jackup will be the first built to Keppel's new proprietary KFELS N Plus design. With its leg measuring 678 feet or about 68 stories tall, and a maximum combined drilling load of 3…

13 Feb 2014

Keppel FELS to Build Three Jackups

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jackup rigs worth about $650 million (USD) from new customer Fecon International Corp. (Fecon). Backed by experienced industrial entrepreneur, A.P. Dobrov, Fecon is a new player to the offshore oil and gas industry, and is targeting the growing offshore drilling markets of Africa, Middle East, and Southeast Asia. In addition, Fecon's leadership team has extensive connections, experience and knowledge of working in Russia and has identified offshore drilling in Russia as a strategic market with good growth opportunities. The three rigs are scheduled to be delivered progressively within 2H 2016. Mr A.P.

06 Feb 2014

UMW Orders another Jackup Rig from Keppel

UMW NAGA 4 was delivered in February 2013.

Keppel FELS Limited, a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from UMW Drilling 8 Ltd, a wholly-owned subsidiary of UMW Oil & Gas Corporation Sdn. Bhd., for a KFELS B Class jackup rig worth $218 million (USD). It will be the third KFELS B Class jackup rig for UMW Oil & Gas and is scheduled for delivery in 3Q 2015. The first jackup - UMW NAGA 4 - was delivered in February 2013 and the second - UMW NAGA 5 - is expected to be completed by 2Q 2014.

19 Nov 2013

Keppel FELS Delivers Third Accommodation Rig to Floatel

Floatel Victory

Keppel FELS Limited (Keppel FELS) celebrated the naming of their third consecutive accommodation semisubmersible (semi) rig built for Floatel International Ltd (Floatel). The rig will be delivered more than four months ahead of schedule and within budget. The rig was named Floatel Victory on November 19, 2013 at Keppel FELS and will be chartered to Chevron for work in the Gulf of Mexico and BP in the West Shetlands. The first two accommodation semis – Floatel Superior and Floatel Reliance – which Keppel FELS had built for Floatel, were delivered in 2010 to the same high standards of execution.

06 Nov 2013

Keppel Wins US$1-Billion Transocean Jackup Rig Order

A Keppel Jackup-rig: Photo courtesy of Keppel Fels

Keppel FELS Limited has secured a repeat order from a subsidiary of Transocean Ltd. (Transocean) to build 5 KFELS Super B Class jackup rigs for US$1.1 billion. The rigs are scheduled to be delivered progressively from 1Q 2016 to 3Q 2017. In addition, Transocean has options to build up to another five similar jackup rigs with Keppel FELS. Tailored to suit Transocean's requirements, the KFELS Super B Class rigs are designed to operate in 400 feet water depth and drill to 35,000 feet.

01 Oct 2013

Keppel Secures Repeat Jackup Orders from Clearwater

Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from an affiliate of Clearwater Capital Partners (Clearwater) to build a pair of premium KFELS B Class jackup rigs. The total cost of the project is about $440 million (USD), which also includes owner furnished equipment and project management fees. The rigs are scheduled to be completed in 4Q 2015 and 1Q 2016. Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS said Keppel FELS has 49 KFELS B Class/Super B Class jackup rigs already delivered and 17 on order. The KFELS B Class jackup rig is able to operate in water depths of up to 400 feet, drill to 30,000 feet deep and equipped with offline standbuilding capability.

03 Jul 2013

Keppel FELS Sells $210 Million Jackup Rig

Keppel FELS Limited (Keppel FELS) is pleased to announce that PV Drilling Overseas (PVDO) is acquiring from the company a KFELS B Class jackup rig for approximately $210 million. Scheduled for delivery in 1Q 2015, the high specification rig will be the 19th KFELS B Class rig on order at Keppel, with 45 already delivered since 2000. Pham Tien Dung, Chairman of PVDO and CEO of PV Drilling said, "We are looking to catch up on the huge demand for offshore rigs and actively seize the opportunities coming. To meet this aim, we are pleased to be able to acquire a premium jackup rig with such an early delivery schedule. The KFELS B Class jackup design was developed by Keppel's technology arm, Offshore Technology Development.

15 Apr 2013

Keppel Wins $226m Offshore order

Keppel Offshore & Marine’s 2013 to-date total to $1.8 billion (USD). Mr. Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS said, "Falcon Energy entered the offshore oil drilling business when they ordered two jackup rigs from China in 2011 ... Falcon Energy has chosen the KFELS Super B Class design for their new high specification jackup rig, which will be built at our yard in Singapore. "So far this year, Keppel FELS has already delivered six rigs ahead of schedule, safely and on budget. For the latest delivery of AOD II, a KFELS B Class jackup, to Asia Offshore Drilling, we received a bonus of about US$2 million for completing the rig 62 days early.

09 Apr 2013

Keppel Secures $225 Million Order From Ensco

Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine has secured a contract to construct a KFELS B Class jackup rig, ENSCO 110, from Ensco plc. The construction cost, together with the commissioning, systems integration testing and project management is expected to be approximately $225 million (USD). It is the 61st KFELS B Class Jackup ordered since 2000. When completed in 1Q 2015, it will be the fourth KFELS B Class Bigfoot jackup rig in Ensco's fleet. Keppel has built a long-term partnership with Ensco having delivered 16 newbuild projects to them with another four on order, including this latest contract. The KFELS B Class Bigfoot rig is able to operate in water depths of up to 400 feet and drill to 30,000 feet deep.

04 Dec 2012

Keppel FELS Signs Contract Worth US$1.2 Billion

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has signed a contract with Ukraine's National Joint-Stock Company "Naftogaz of Ukraine" (Naftogaz), to construct two semisubmersible drilling rigs worth about US$1.2 billion. The contract will be effective upon final corporate approvals. This follows an earlier announcement made on 21 November 2012 in relation to Keppel FELS being selected as winner of the tender to construct the two semisubmersible drilling rigs. The rigs will be built to Keppel FELS' proprietary DSSTM 38U design which is customised for the Black Sea environment. The harsh weather conditions of the Black Sea include extreme freezing temperatures, storms with strong winds and heavy seas.

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