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!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday 3 September 2013

Keppel FELS delivers Ao Thai Super B jack-up

Transocean to operate newbuild unit off Thailand for Chevron

Transocean has taken delivery of a Keppel FELS newbuild Super B jack-up bound for offshore Thailand to drill for Chevron.

Singapore’s Keppel said the unit, named Ao Thai, had been delivered on budget and on schedule.

Keppel FELS managing director Wong Kok Seng said that the unit was the fifteenth delivered by the contractor this year and that Keppel FELS was on track to deliver a record 20 by the end of 2013.

It is the third unit of its kind the yard has built for Transocean after the Transocean Siam Driller and Transocean Andaman.

The unit comes equipped with larger spud cans to allow it to operate in soft-soil areas, and can stand offline in its drilling system package, allowing for simultaneous drilling and drill pipe preparation.

It also has 1.5 million-pound drilling system and maximum combined cantilever load of 3200 kips to help drive drilling operations.


No comments:

Post a Comment

Related Posts with Thumbnails