CP Latina Enters Rig Market With Purchase of First Jackup Unit
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15 January 2013
CP Latina today completed the acquisition of Standard Drilling’s under construction B337 jackup unit for a total price of US$222.5m. Once delivered from Keppel Fels Pioneer yard in Singapore the unit will be the first drilling unit owned and operated by the company and is widely expected to be contracted in Mexico. The unit is a Keppel Fels B Class designed jackup rigs, capable of operating in a max water depth of 400ft and drilling down to 30,000ft.
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More News for Operator: CP Latina
CP Latina doubles offshore rig fleet with purchase of 'Standard Vision' jackup
Following hot on the heels of the announcement that they had completed the acquisition of the ‘Standard Integrity’ (B337) jackup from Standard Drilling yesterday, CP Latina has confirmed that the company intend to exercise the option it has to purchase the similarly designed ‘Standard Vision’ (B338) jackup rig from Standard Drilling. The purchase of the ‘Standard Vision’ is expected to be completed in March 2013, and once confirmed will leave Standard Drilling with a single jackup unit under construction for delivery in 2014, from the seven units the company had on order at this time last year.
Keppel FELS delivers another premium rig for Mexican customer
Keppel FELS has delivered a KFELS B Class jackup rig, to Constructora y Perforadora LATINA (CP LATINA), a private Mexican company in the energy sector. The rig was named LA SANTA MARIA at a ceremony in Keppel FELS today. Delivered on time and with a perfect safety record, it will be chartered to PEMEX, Mexico's national oil company, for deployment in offshore Mexico. LA SANTA MARIA is the first of two high-specification jackup rigs that Keppel FELS is building for CP LATINA. The second rig is on schedule to be delivered in 4Q 2013.
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