Rig: Papaloapan

Keppel AmFELS delivers third jackup rig to Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico's Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record. The rig was christened today at Keppel AmFELS' yard in Brownsville, Texas by Lady Sponsor, Mrs. Gabriela Jiménez de Alvarez Morphy, wife of Mr Luis Alvarez Morphy Camou, Director of Perforadora Central. Papaloapan is the the third jackup rig built by Keppel AmFELS for Perforadora Central and is based on the LeTourneau Super 116E design. Capable of drilling wells up to 30,000 ft at a water depth of 375 ft, it is the first Super 116E newbuild to be further enhanced to provide for an additional 1,500 kips of elevated load.

Keppel to build new jackup worth US$195 million for Mexico

Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico's Perforadora Central SA de CV (Perforadora Central) to build a repeat jackup rig valued at about US$195 million. Slated for delivery in 1Q 2013, this latest high specification unit will be based on the LeTourneau Super 116E design. Unlike the existing LeTourneau Super 116Es, this will be the first Super 116E newbuild to be further enhanced to provide for an additional 1,500 kips of elevated load. It will have leg lengths of 511 ft and the capability to drill wells up to 30,000 ft at a water depth of 375 ft. Mexico is the world's sixth largest producer of oil and has the seventh largest natural gas reserve in the western hemisphere. PEMEX, Mexico's national oil company, has recently announced plans to invest approximately Ps. 286.3 billion (US$23.6 billion) in 2011, more than 80% of which would be allocated to exploration and production activities.