Keppel Subsidiaries Clinch $79M Upgrade, Repair Contracts

Singapore-based Keppel Offshore & Marine Ltd (Keppel O&M) clinched upgrade and repair contracts, valued at $78.9 million (SGD 100 million), from repeat customers through its wholly-owned units Keppel FELS and Keppel Verolme.

Keppel FELS will upgrade and modify the ENSCO 5005 semi-submersible drilling rig for Ensco plc at its Singapore yard and the project is targeted for completion in 1Q 2014. The workscope includes upgrading major systems, machinery spaces, drill floor, derrick and living quarters as well as the renewal of steel and piping systems. The entire semi-submersible and its tanks will also be painted.

Keppel Verolme will upgrade Rowan Gorilla VI (450' ILC) for Rowan Companies, Inc. at its Rotterdam yard in the Netherlands. Keppel Verolme will conduct a special periodic survey (SPS) on the jackup, with the workscope including painting of the hull, inspection of spud cans, renewal of anodes and installation of dock plugs among other things.The jackup will also have its drilling equipment upgraded and be ready for delivery by 4Q 2013.

Keppel Verolme will also complete a full SPS program for Saipem S.p.A.on the Scarabeo 5 semi-submersible drilling rig. The yard’s scope of work comprises the overhaul of the thrusters, all anchor winches, top drive upgrade and various modification and repairs. Scarabeo 5 is scheduled for delivery in September 2013.

"Besides newbuidling projects, our yards are constantly kept busy with repairs and upgrades as well. The work is complementary and we are pleased to be able to regularly service our long-standing customers like Ensco, Rowan and Saipem. Repair and modification projects usually require quick turnovers and we have the expertise, versatility and capacity to undertake a variety of work for a wide range of rigs. In addition, our global network of yards enables us to meet the needs of our international clientele wherever they are,” Chow Yew Yuen, chief operating officer and CEO-designate of Keppel O&M said in a company release.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

More from this Author
Chee Yew Cheang
APAC Editor | Rigzone
 -  Malaysia's InvestKL Woos Top Oil, Gas ... (Oct 6)
 -  Petrobangla Invites EOIs for 3 Offshor... (Sep 30)
 -  Malaysia's SapuraKencana Posts 7.1% Ga... (Sep 29)
 -  TH Heavy Engineering, McDermott End Pa... (Sep 26)
 -  Singapore's NUS Slowly Builds its Petr... (Sep 26)

Most Popular Articles

From the Career Center
Jobs that may interest you
Expertise: Electrical Technician
Location: Odessa, TX
United States Duncan MFG: Entry Level Electrical Assembler - Sr. Electrical
Expertise: Electrical Technician
Location: Duncan, OK
Static Equipment / LNG Tank Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours