Keppel Corporation on Tuesday said Keppel Kazakhstan LLP and its consortium partner Ersai Caspian Contractor LLC, Kazakhstan, have secured a US$242 million contract for a KFELS B Class jackup rig.
Scheduled for delivery in 1Q 2015, the work scope of the rig will be shared equally among the two members of the consortium.
KFELS B Class jackup, designed for the Caspian Sea, is able to operate in water depths of 262 feet, upgradeable to 400 feet, and can drill to depths of a maximum of 20,000 feet.
It will incorporate fully-automated high capacity rack and pinion elevating system, and self-positioning fixation system. It will provide maximum uptime with reduced emissions and discharges.
Scheduled for delivery in 1Q 2015, the work scope of the rig will be shared equally among the two members of the consortium.
KFELS B Class jackup, designed for the Caspian Sea, is able to operate in water depths of 262 feet, upgradeable to 400 feet, and can drill to depths of a maximum of 20,000 feet.
It will incorporate fully-automated high capacity rack and pinion elevating system, and self-positioning fixation system. It will provide maximum uptime with reduced emissions and discharges.