Keppel Corp wins $225 million rig-building contract from Ensco

4/8/2013

Keppel Corp wins $225 million rig-building contract from Ensco

BY MARTIN VAUGHAN

SINGAPORE -- A unit of Keppel secured a $225 million contract to build an offshore rig for Ensco, Keppel said in an announcement.

The KFELS B Class Bigfoot jackup rig, to be completed in the 1Q 2015, can operate in depths up to 400 ft and drill to 30,000 ft deep, the company said.

The contract isn't expected to have a material impact on Keppel's earnings per share for the current financial year, the company said.

Dow Jones Newswires

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