Keppel FELS secures order for a US$512 million rig from ENSCO
Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has secured a contract to build a US$512 million ultra-deepwater semisubmersible (semi) drilling rig from a subsidiary of ENSCO International Incorporated (ENSCO). To be delivered in the second half of 2011, the ENSCO 8504 will be the fifth consecutive semi that Keppel FELS is constructing for ENSCO. Mr Daniel W. Rabun, Chairman, President and CEO of ENSCO said, “We see the deepwater market as a significant catalyst for our future growth, and we are expanding our deepwater fleet to meet the sustained market demand. “We are very pleased that all five of our new ENSCO 8500 Series® semisubmersible rigs are being built by Keppel FELS. Having constructed all our recent newbuild jackups, Keppel FELS has been the largest contributor in helping us create our premier rig fleet.”