SINGAPORE : Keppel Corp on Thursday said its wholly-owned subsidiary Keppel FELS has secured new contracts worth S$134 million to complete and refurbish two semi-submersible drilling rigs.
The first contract was awarded by Italian oil and gas contractor Saipem for the commissioning of the technologically advanced semi-submersible rig called Scarabeo 9.
The work scope involves the commissioning of all marine and drilling sub-systems onboard the rig, which will be able to operate at a water depth of 3,600 metres.
Scarabeo 9 is slated to depart from a Chinese yard and arrive in Keppel FELS towards the end of October this year.
The second contract was awarded by a subsidiary of US oil and gas company, Ensco, for the upgrade, repair and refurbishment of its proprietary semi-submersible rig.
The major work scope includes significant life extension work, renewing steel and pipes, operational enhancements, overhauling machinery and expanding and updating the living quarters.
This rig has arrived at Keppel FELS, after fulfilling its drilling contract with Chevron in Perth, Western Australia.
The contracts are not expected to have a material impact on Keppel's earnings in the current financial year. - CNA/ms
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