Keppel Wins Seadrill Contract Worth $160m

Keppel FELS Limited (Keppel FELS) has secured a $160m contract to build a repeat semisubmersible drilling tender (SSDT) for Seadrill Asia Limited (Seadrill Asia).   Scheduled for delivery in first quarter of 2011, the drilling tender will be built to the KFELS SSDT 3600E model. The KFELS SSDT series is designed by Keppel Offshore & Marine Limited’s (Keppel O&M) R&D arm, the Deepwater Technology Group.  When completed, the latest unit will join Seadrill Asia’s fleet of six other KFELS SSDT rigs, built by the Keppel O&M group. Keppel FELS is presently constructing the sixth drilling tender of this fleet, West Berani II, for delivery at end 2009.