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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Friday 5 August 2011

Keppel FELS clinches US$195m repeat order from Transocean unit

By KALPANA RASHIWALA


Keppel FELS Limited said on Friday, Aug 5, that it has bagged a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd, for US$195 million.

Following its order of two jack-up rigs from Keppel FELS on Feb 17 this year, Transocean is exercising its option to build another high-specification jack-up rig based on the KFELS Super B Class Bigfoot design for delivery in Q3 2013, Keppel FELS said in a news release.

Tailored to suit Transocean's requirements, the KFELS Super B Class Bigfoot is designed with larger spud cans, expanding its operational coverage to more places, especially areas where soft soil is predominant. Having larger spud cans enables the unit to operate efficiently while minimising potential leg penetration problems in soft soil conditions.

Keppel FELS is a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), a wholly-owned company of Keppel Corporation.
Posted by Createwealth8888 at 19:14
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