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Keppel Delivers Second Rig to Borr Drilling

Source: www.gulfoilandgas.com 6/13/2018, Location: Asia

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Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), delivered the state-of-the-art jackup rig, SKALD, to Borr Skald Inc, a subsidiary of Borr Drilling Limited (Borr Drilling) safely, on time and on budget.

It is the second jackup rig that Keppel has delivered to Borr Drilling following the delivery of the SAGA earlier this year, with another eight on order.

Built to Keppel's renowned KFELS Super B Class design, SKALD is capable of operating in 400 feet water depth and drilling to 35,000 feet. Equipped with cantilever skid-off capabilities, with a maximum combined cantilever load of 3,700 kips, and high capacity hook loads of two million pounds, the KFELS Super B Class has tremendous horse power during drilling operations.

Mr Chris Ong, CEO of Keppel O&M said, "The delivery of a second high-specification KFELS Super B Class rig to Borr Drilling reaffirms our design and execution capabilities as well as our commitment to provide win-win solutions for our customers. We have leveraged the synergies of working on multiple rigs for Borr Drilling to improve efficiency and ensure an on time and on budget delivery. This has also been achieved with an excellent safety record while maintaining Keppel FELS' hallmark quality standards.

"Our proven KFELS B Class suite of designs has distinguished itself in providing better value and drilling efficiency for drilling operators who prefer high-specification rigs of the latest designs. We look forward to strengthening our partnership with Borr Drilling and delivering another eight rigs to them as they grow their fleet of highly capable rigs."

Developed by Keppel's technology arm, Offshore Technology Development, the KFELS B Class designs have a market share of about a quarter of all jackup rigs delivered since 2000. The innovative and cost-effective rig incorporates industry-leading safety and environmentally friendly features which provides maximum uptime with reduced emissions and discharges. It has performed excellently in major offshore exploration and development programmes in various locations worldwide.

Mr Svend Anton Maier, CEO of Borr Drilling, added, "We are pleased to add another premium jackup rig to our fleet. With 10 jackup rigs ordered from Keppel FELS, we ensure that we get state-of-the-art rigs that can deliver the highest operational performance to our customers around the world."

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