(http://www.AugustEnergy.biz/, January 05, Tuesday) --- Article from EnergyAsia ...
(http://www.energyasia.com/) --- Singapore’s Keppel FELS Limited said it has delivered a record number of 13 rigs, all within budget and on time, in 2009. For its performance deliveries of eight jackup rigs, four semisubmersible and one semisubmersible drilling tender rigs, customers rewarded the company with a S$2 million bonus. (US$1=S$1.4).
Wong Kok Seng, Keppel FELS executive director, said: “We were able to achieve this by consistently striving for operational excellence and innovation, backed by strong project management and close partnerships with our unions, customers, contractors and vendors.
“For 2010, we will remain focused on execution excellence and further improving efficiency to deliver superior solutions and services safely, on time, and within budget, while pursuing more projects.”
The company made its final delivery for the year on December 29. The West Vencedor was the sixth of seven KFELS semisubmersible drilling tenders (SSDT) delivered to Seadrill Limited, a Norway-based international offshore drilling contractor.
The rig will likely be deployed for development drilling operations off the coast of Angola under a five-year contract with Cabinda Gulf Oil Company Ltd, a subsidiary of Chevron Corporation, in the first quarter of 2010.
Alf Ragnar Løvdal, Seadrill’s senior vice president of tender rigs, said:
“Through Seadrill’s 15-year partnership with Keppel, we have launched the successful KFELS SSDTTM Series of drilling tenders and established a solid operational track record.
“We are pleased to receive West Vencedor early. It represents another quality project for us and demonstrates Seadrill’s and Keppel FELS’s dedication and excellent project management.
“With that, we are also confident that the seventh SSDT, currently under construction, will be another outstanding rig bearing the KFELS SSDTTM stamp as a superior drilling tender solution in the global market.”
Developed by Keppel’s Deepwater Technology Group, the KFELS SSDTTM is an outstanding application of engineering and technological advancement, contributing significantly to environmental protection, as well as the safety of operators involved in offshore platform development drilling.
Keppel Offshore & Marine Group has constructed four of Seadrill’s world-class jackups. Construction of the seventh SSDT and two jackups at Keppel FELS remains on schedule with deliveries expected between the second quarters of 2010 and 2011.
When completed, Keppel-built rigs will make up 35% of Seadrill’s premium fleet.
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