Sinvest to Build Fifth Jackup at Keppel FELS

Sinvest ASA has utilized an option to build a fifth rig at Keppel FELS Limited in Singapore.

Sinvest ASA has, through its wholly owned subsidiary Deep Drilling Invest Pte. Ltd., utilized a current option for construction of one additional KFELS Super B Class jackup rig for a contract price of US $139.6 million.

The jackup, now ordered, will be capable of operation in water depths of 350 feet and drilling depths down to 35,000 ft. Delivery will take place in January, 2009.

Sinvest will upon completion of this transaction have five rigs under construction by Keppel FELS Limited.

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

Most Popular Articles

From the Career Center
Jobs that may interest you
Shop Mechanic - Grand Prairie, TX
Expertise: Customer Service|Mechanic
Location: Grand Prairie, TX, TX
Diesel Mechanic for Williston, ND!
Expertise: Mechanic
Location: Williston, ND
Branch Manager for Heavy Equipment Dealership in Mississippi
Expertise: Facilities Management|Mechanic
Location: Mississippi, United States, MS
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours