Posted inProducts & Services

Early delivery earns Keppel yard bonus

Mercator Offshore's jackup was completed 20 days ahead of schedule

Early delivery earns Keppel yard bonus
Early delivery earns Keppel yard bonus

Singapore’s Keppel FELS has been awarded a bonus of close to US$625,000 for delivering the jackup rig, Greatdrill Chetna, 20 days ahead of schedule, within budget and without incidents to Mercator Offshore.

Built to Keppel’s proprietary KFELS B Class design, Greatdrill Chetna has been contracted to India’s national oil company, Oil and Natural Gas Corporation (ONGC). She is the 27th KFELS B Class jackup rig to enter the market and will be deployed for three years in the Mumbai High oil field in the west coast of India.

“Greatdrill Chetna is now ready for her first assignment with ONGC and we are confident that this fine KFELS B Class rig, whose reputation precedes her, will surpass the expectations of our customer,” said Atul Agarwal, managing director of Mercator.

Over the last five years, Indian drilling contractors have ordered a total of nine KFELS B Class jackup rigs from Keppel FELS. The contract value of these rigs amounts to US$1.5 billion.

“Receiving the enhanced bonus from our customer in times like these is a great boost to us,” said Tong Chong Heong, CEO of Keppel Offshore & Marine.

The rig is capable of operating in water depths of 350 feet and drilling depth of 30,000 feet.

Staff Writer

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