Keppel AmFELS nets $240 million order for new B Class jackup


Keppel AmFELS nets $240 million order for new B Class jackup

BROWNSVILLE, Texas -- Keppel AmFELS LLC, a U.S.-based subsidiary of Keppel Offshore & Marine Ltd, has won a contract from Central Panuco S.A. De C.V., a subsidiary of Mexico's Perforadora Central S.V. De C.V., to build a KFELS B Class jackup rig worth $240 million, including owner furnished equipment.

Scheduled for delivery in 4Q 2015, the jackup rig is intended for operations in offshore Mexico. Built to Keppel's market-established KFELS B Class design, the rig will be able to operate in water depths of up to 400 ft, drill to depths of 30,000 ft with accommodation for 126 persons and a BOP system of 18-3/4 x 15,000 PSI.

With this latest contract, a total of 13 KFELS B Class jackup rigs have been ordered for the Mexican market since 2010.

To date, Keppel AmFELS has completed Tonala, an ultra-premium KFELS B Class jackup rig for Perforadora Central in 2004, followed by Tuxpan, a LeTourneau S116E rig in 2010. The Papaloapan jackup, which was ordered by Perforadora Central in March 2011, was successfully delivered in April this year. Currently under construction is the Coatzacoalcos jackup which is on track for completion in 1Q 2014.

Keppel O&M is the leading rig provider to the Mexican market, with a total of 20 projects delivered or on order for Mexico including this new order. Of the 20 projects, 15 are of Keppel's proprietary KFELS B Class design.

Developed by Keppel's technology arm, Offshore Technology Development, the KFELS B Class jackup design provides maximum uptime with reduced emissions and discharges.

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