Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of
Keppel Offshore & Marine (Keppel O&M), has secured a contract
from BOT Lease Co., Ltd (BOTL), an affiliated company of The Bank of
Tokyo-Mitsubishi UFJ, for a KFELS Super B Class jackup rig worth about
Scheduled for completion at end 2016, the rig - which is
provisionally named Hakuryu 15 - will be operated by Japan Drilling Co.,
Ltd (JDC) based on the leased agreement with BOTL.
Mr Wong Kok Seng, Managing Director (Offshore) of Keppel O&M,
said, "We are pleased for this opportunity to support BOTL, and to join
hands with our valued customer JDC once again. Hakuryu 15 is the second
KFELS Super B Class jackup rig that will join JDC's fleet, and their
support is a reiteration of their trust and confidence in our
proprietary solutions and companies.
"The KFELS Super B Class is an innovative solution for drilling rigs
that can operate in deeper depths and at higher temperature and pressure
levels. With 11 such rigs successfully operating around the world, we
are confident this new addition will be just as successful for BOTL and
JDC. Our strong understanding with JDC developed over several projects
will stand us in good stead in delivering this rig to their highest
standards, safely, on time and within budget."
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.