Keppel secures rig order for India’s Mercator
Posted: 19 April 2006
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Keppel FELS has secured an order to construct the first jackup rig for Mercator Lines, second largest private sector shipping company in India for $180 million. This includes the design, engineering and construction of the rig as well as costs in getting the rig operationally ready.
 To be delivered in first quarter 2009, the new rig will be built to Keppel’s proprietary KFELS B Class jackup rig. It will be further customised to meet the owner’s operational requirements in water depths of up to 350 feet and readily upgradeable to 400 feet. This premium jackup rig will have a drilling depth of 30,000 feet and can accommodate 112 men.
Atul J. Agarwal, Joint Managing Director of Mercator said: “As we expand our services into offshore rigs, we recognise the importance of working with the right shipyard for our first jackup. We believe that Keppel FELS, with their track record in the design and construction of rigs, is the right choice to help us to offer premium services.”
Tong Chong Heong, Managing Director & Chief Operating Officer of Keppel Offshore & Marine Ltd (Keppel O&M), said, “Keppel is glad to partner Mercator in their vision of expanding into the offshore exploration and drilling sector. We are committed to help them meet expectations as a long-term oil and gas player.”
Posted by Editor Offshore Arabia Magazine
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