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 has options to build up to another five similar jackup rigs with Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M).
The KFELS Super B Class rigs are designed to operate in 400ft water depth and drill to 35,000ft. The Super B has a two million pound drilling system and a maximum combined cantilever load of 3700 kips.
The rig will be installed with offline stand building features in its drilling system package, which allows drilling and the preparation of drill pipes to take place at the same time.
The rig is capable of drilling at a 75ft outreach, allowing for coverage of a larger well pattern.
Keppel says, this year, it has already delivered 17 rigs and is on track to have completed 20-21 rigs by year-end.
Keppel FELS recently delivered three jackup rigs to Transocean; the Siam Driller, Transocean Andaman and Transocean Ao Thai.
In 2009, Keppel delivered Transocean's Development Driller III, an ultra-deepwater drilling semisubmersible rig, built to Keppel's proprietary DSSTM 51 semisubmersible design.
Other projects include upgrades and conversions of the Sedco 700-series semisubmersibles, to enable dynamic positioning, and the repair of various Transocean rigs.
Since 1987, Transocean, through Global Santa Fe, and Keppel O&M have cooperated and completed seven new generation jackups that are now part of Transocean's fleet.