Rig: AD 70

Name AD 70
Owner Arabian Drilling
Manager Arabian Drilling
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Premium
Max Water Depth (ft) 400
Max Drill Depth (ft) 30000
Dimensions (ft)
Leg Length (ft) --
Competitive Yes

Current Location

Country Saudi Arabia
Region Middle East

Drilling Equipment

Drawworks Type --
Drawworks HP --
Mud Pumps Type --
Top Drive --
Hookload Capacity (lbs) 1500000

Rig Construction Details

Rig Design Keppel FELS
Rig Model B Class
Year Built 2015
Country of Build Singapore
Yard Name Pioneer Yard I
Group Yard Name Keppel Offshore & Marine Ltd.

Rig Contract Details

Operating Status Operational
Operator Saudi Aramco

News

28 Oct 2015

Keppel FELS delivers eighth rig of the year safely and on time

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered ARABDRILL 70, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC). It was completed three days ahead of schedule, on budget and with a perfect safety record. ARABDRILL 70 is the fourth KFELS B Class jackup rig to work for ADC.

28 Oct 2015

Keppel FELS delivers eighth rig of the year safely and on time

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered ARABDRILL 70, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC). It was completed three days ahead of schedule, on budget and with a perfect safety record. ARABDRILL 70 is the fourth KFELS B Class jackup rig to work for ADC.

29 May 2014

Arabian Drilling snap up under construction jackup

Clearwater Capital Partners, LLC (Clearwater), through an entity wholly owned by private investment funds managed by Clearwater, has completed the sale of a Keppel FELS B Class jackup rig with hull number B351 to Arabian Drilling Company (ADC). Mr. Mohamed Yusof Al-Rafie, Chairman of ADC said, “We are pleased to announce the purchase of B351. It will be the fourth rig of KFELS B Class in ADC’s offshore fleet. Together with the current high specification jackups, this purchase will enable us to offer Saudi Aramco and Al-Khafji Joint operations (AGOC/ KGOC) productive, safe and cost efficient drilling operations. Dr. Yao Chye Chiang, Chief Operating Officer of Clearwater said, “We are pleased to announce the sale of the B351 jackup rig to ADC. This is the first rig of the two rig order we placed with Keppel in late 2013 and provides a substantial return on investment for Clearwater. “The Keppel FELS B Class is a proven design which has been the rig of choice for leading oil companies in the industry. Our strategy of building proven design rigs and partnering with the world’s leading rig builder has served us well. “We continue to see strong demand for new high specification jack up rigs as the industry continues its rig replacement trend including significant demand from the Middle East for premium equipment where the upgrading of Saudi Aramco’s jackup fleet remains a key driver.” The sale of the B351 unit to ADC leaves Clearwater with one further under construction jackup rig at Keppel in Singapore, with delivery slated for 2016. This is the second time Clearwater has sold under construction jackup rigs, following on from its sale of four units to Norway based Standard Drilling (SD) in early 2011. SD then proceeded to sell the units onto other rig operators.

1 Oct 2013

Clearwater re-enters jackup market with order for two newbuild units

Keppel FELS has won a repeat order for the construction of two KFELS B Class jackup rigs in Singapore. The newbuilds have been ordered by Clearwater Capital Partners who previously placed an order with the shipyard for two KFELS Mod V B rigs in December 2010, before selling the units to Standard Drilling. Clearwater’s two newbuild rigs are expected to be delivered in Q4 2015 and Q1 2016 for a combined price of US$440 million and are capable of operating in 400ft of water whilst drilling to 30,000ft.

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