I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Thursday 28 March 2013

Keppel to build four more jackup rigs worth US$820 million for Mexican offshore market

YTD Mar 13 Order Book for 2013

Cw8888: Not too bad at US$205 per rig despite tough competition coming from cheapskate Chinese Yards.


 



JRKC3328
 
The rigs, to be built to Keppel's proprietary KFELS B Class design, will be able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet - PHOTO: KEPPEL CORP

Keppel FELS, a unit of Keppel Offshore & Marine, Thursday said it has secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth US$820 million (S$1 billion).
The jackup rigs are scheduled for delivery progressively from the second quarter of 2015 to the fourth quarter of 2015.

The rigs, to be built to Keppel's proprietary KFELS B Class design, will be able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet.

When completed, Keppel FELS will have built ten KFELS B Class jackup rigs for Mexican customers since 2012, including two for the Mexican national oil company PEMEX.

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