Lamprell has completed and delivered the first of two Caspian Sea jackup rigs following tow out from the Astrakhan re-assembly yard. The new rig will now start its first contract in the Caspian Sea. Good progress is being made on a second Caspian Sea jackup…
Keppel FELS Limited (Keppel FELS) has won a US$1.1 billioncontract from Transocean Ltd. (Transocean) to build five KFELS Super B Class jackup rigs. The rigs are scheduled to be delivered between Q1 2016 to Q3 2017. In addition, Transocean…
Keppel AmFELS LLC was awarded a contract from Central Panuco S.A. De C.V to build a KFELS B Class jackup rig worth US$240 million. Scheduled for delivery in late 2015, the jackup rig is intended for operations in offshore Mexico. This…
Houston-based Northern Offshore Ltd. announced that two of its subsidiaries have executed contracts for the construction of two LeTourneau Super 116E Class jackup drilling rigs, with a priced option for the construction of two additional rigs of the same design…
Keppel FELS Ltd (KFELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from an affiliate of Clearwater Capital Partners (Clearwater) to build a pair of premium KFELS B Class jackup rigs. The total cost of the project is about US$440 million…
Ensco plc has taken delivery of ENSCO 120, the first in its series of three ultra-premium, harsh-environment jackup rigs. The rig is contracted to work for Nexen in the North Sea beginning in the 4Q 2013 at a day rate of about US$230,000 plus cost adjustments…
Keppel FELS delivered a KFELS B Class jackup rig, to privately-owned Mexican company Constructora y Perforadora LATINA (CP LATINA). The jackup rig was named La Santa Maria at a ceremony in Keppel FELS on August 2. The rig, which is can operate in water depths up to 400ft and drill down to 30…
Mexican drilling company Grupo R awarded Keppel Offshore & Marine subsidiary Keppel FELS a construction contract worth US$206 million for a newbuild jackup rig. The KFELS B Class design jackup is scheduled for delivery in 4Q 2015. Keppel…
Keppel FELS has delivered its first KFELS Super A Class jackup rig to Discovery Offshore for use in the North Sea. Named Discovery Triumph, the first KFELS Super A Class jackup was delivered 46 days ahead of schedule and with a perfect safety record…
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth US$820 million. Seadrill's West Ariel jackup rig is a KFELS B Class design (Image: Keppel Corp…
Australian exploration company Jacka Resources hired the GSP Jupiter jackup rig to drill and test its Hammamet West-3 exploration well off Tunisia, which is expected to spud later this month. The rig is en route to Tunisia and will require the…
Keppel Fels JackupKeppel FELS delivers new jackup to Oro Negro Keppel FELS has delivered Primus, a KFELS B Class jackup rig, to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro, seven days early and with a perfect safety record…
Utilization trends for the worldwide mobile offshore drilling fleet are slightly depressed of late. Overall utilization dipped to an average of 69% last month. Global utilization rates for semis are 78%, below the average for the prior six month period of 82%…
Worldwide utilization for the mobile offshore drilling fleet averaged 72% over the last month. Of late the global utilization rates for semisubmersibles have held steady at approximately 83% while rates for drillships have bounced around the mid-to-low 80% range…
OE ’s analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 74%; holding steady for the last three months at the bottom of a…