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Keppel fels delivers for ENSCO

Keppel fels delivers for ENSCO
Keppel FELS Limited (Keppel FELS) has delivered ENSCO 108, its ninth jackup rig for ENSCO International Inc. (ENSCO) on schedule, within budget.

Keppel FELS Limited (Keppel FELS) has delivered ENSCO 108, its ninth jackup rig for ENSCO International Inc. (ENSCO) on schedule, within budget.

Of this achievement, Choo Chiau Beng, Chairman & CEO of Keppel Offshore & Marine, said, “Construction of ENSCO 108 was a true mark of the efficiency and precision in project design, management and execution.

“ENSCO has been a tremendous supporter of our proprietary designs, and ENSCO 108 is the seventh consecutive rig of the premium KFELS design that we have been commissioned to build since 1999. We are honored that ENSCO has entrusted us time and again with delivering some of the most advanced premium offshore rigs in their fleet.”

ENSCO 108 is built to Keppel’s proprietary KFELS B Class jackup rig design. She is expected to depart the Keppel FELS’ yard in April on her maiden assignment in Indonesia for BP.

“ENSCO 108 is an excellent rig tailored to our specifications. We are confident that this specialized rig, which is scheduled to commence operations shortly, will serve our customers well and will contribute to another record year for ENSCO in 2007.”

In addition to building premium jackup units, Keppel FELS has also been tasked by ENSCO to construct three new ultra-deepwater semisubmersibles based on ENSCO’s proprietary ENSCO 8500 Series design.

“The deepwater market is growing in importance to ENSCO, and we are actively looking for additional opportunities to increase our presence in this domain” said Mr. Rabun.

“Our three ENSCO 8500 Series semis are designed to drill in water depths of up to 8,500 feet and readily can be extended to 10,000 feet. They will provide a cost-effective deepwater drilling solution for our customers, and expand ENSCO’s deepwater capabilities.

Deliveries of ENSCO 8500 and ENSCO 8501, two ultra-deepwater semisubmersible rigs, are expected in the second quarter of 2008 and first quarter of 2009, respectively. Both rigs are being built against firm multi-customer long term drilling contracts. ENSCO 8502, the third ENSCO 8500 Series TM rig, is scheduled for delivery in late 2009.

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