Keppel unit to build $315 million accommodation platform for Floatel International

8/22/2012

Keppel unit to build $315 million accommodation platform for Floatel International

BY GAURAV RAGHUVANSHI

SINGAPORE--Keppel Tuesday said unit Keppel FELS has signed a $315 million contract to build a semi submersible accommodation platform for Floatel International.

The Singapore based unit has already delivered to the Norwegian customer two similar platforms with another due in the fourth quarter of next year, according to a statement to the Singapore Exchange.

Accommodation platforms provide additional quarters for exploration and production support personnel needed for hook up and commissioning during well development, for maintenance and upgrading during production and during decommissioning.

Dow Jones Newswires

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