Keppel FELS completes two rigs early for Transocean and Asia Offshore Drilling

Createwealth8888: YTD Total Bonus collected by Kep Corp = US$2.5M


Singapore, 3 February 2013 – Over two consecutive days on 2 and 3 February 2013, Keppel FELS held naming ceremonies for twin jackup rigs built for Transocean, and another jackup rig built for Asia Offshore Drilling (AOD), which is majority owned and managed by Seadrill Limited. For the early completion of two of these rigs, Keppel FELS will receive a combined bonus of about US$1.5 million.

Mr Wong Kok Seng, Managing Director (Offshore), Keppel Offshore & Marine, and Managing Director, Keppel FELS, said, "With some 20 rigs to deliver in 2013, we are working hard to maintain our high standards of delivering on time, within budget and without incidents. Of the rigs to be delivered this year, 15 are built to our KFELS B Class family of designs, four to our Super A Class design and one to our proprietary semisubmersible drilling tender design.