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Wednesday, 11 May 2011

Keppel Corp wins US$393 mln Qatar rig order

SINGAPORE - Keppel Corp, the world's biggest builder of oil rigs, said on Wednesday it has secured contracts to build two high-specification jack-up rigs from Qatar's Gulf Drilling International worth about US$393 million in total.

The orders are Gulf Drilling's first in six years and will increase the Qatar-based company's jack-up fleet count to seven, Keppel said in a statement.

The rigs are scheduled for delivery in the third quarters of 2013 and 2014. -- REUTERS

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