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Keppel to build mid-water harsh environment rig worth US$425 mil

Update

Keppel to build mid-water harsh environment rig worth US$425 mil

PC Lee Published on Mon, Mar 12, 2018 / 3:19 PM GMT+8

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SINGAPORE (Mar 12): Keppel FELS has won a contract from Awilco Drilling to construct a mid-water semisubmersible drilling rig for harsh environment use, worth about US$425 million ($559 million).

This follows Feb 28 on the letter of intent signed by Keppel FELS with Awilco.

Keppel FELS is a subsidiary of Keppel Offshore & Marine (Keppel O&M), a wholly-owned company of Keppel Corporation.

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