Rig: Valaris 122

Keppel delivers 'ENSCO 122' jackup

Keppel FELS Ltd (Keppel FELS) has delivered ENSCO 122, the third ultra-premium harsh environment ENSCO 120 Series jackup rig, to Ensco plc (Ensco) ahead of schedule. Built to an enhanced version of Keppel's proprietary KFELS Super A Class design, the rig has been contracted to Nederlandse Aardolie Maatschappij B.V. (NAM), an oil and gas explorer and producer focused in The Netherlands. Enhancements to the design include Ensco's patented Canti-Leverage AdvantageSM technology, which provides cost advantages for customers by allowing them to drill more wells from one location when utilising the enhanced hoisting capacity at the farthest reach of the cantilever. Mr Wong Kok Seng, Managing Director of Keppel Offshore & Marine (Offshore) and Keppel FELS, said, "We are pleased to deliver ENSCO 122, our third ENSCO 120 Series rig to Ensco. Our partnership with Ensco has enabled us to develop next generation rigs that have set industry benchmarks and we believe the KFELS Super A Class will be the standard bearer for rigs of its class in the North Sea. This is our 19th newbuild rig for Ensco and we are committed to support them with strong designs and reliable deliveries as they grow their fleet of high specification rigs."

Ensco Plc secures two year contract for its newbuild 'Ensco 122' jackup

Nederlandse Aardolie Maatschappij B.V. (NAM) a Netherlands focused oil and gas explorer and producer has contracted Ensco’s newbuild ‘Ensco 122’ jackup rig for future drilling work in the Netherlands and UK sections of the North Sea. NAM has contracted the newbuild jackup rig on a two year contract, beginning in Q4 2014 and running through to Q4 2016, at a dayrate in the low US$230,000’s. The ‘Ensco 122’ is expected to be delivered in late Q3 2014 and upon delivery the unit will mobilise to the Netherlands from Singapore to begin its contract with NAM.

Keppel to build third Super A Class jackup for Ensco at US$245 million

Keppel FELS Limited (Keppel FELS) has secured a contract to build an enhanced KFELS Super A Class harsh environment jackup rig from Ensco plc (NYSE: ESV) for US$245 million. The rig is scheduled for delivery in 3Q 2014. This contract arose from the exercise of an option which was part of Ensco's order of two KFELS Super A Class rigs on 10 February 2011.