Keppel FELS on Track to Deliver One of the World's Deepest Jackups

Keppel FELS is on track to deliver one of the world's deepest drilling rigs, Deep Driller 2, to Sinvest ASA on time and within budget.

Mr. Lim Swee Say, Minister, Prime Minister's Office and Deputy Secretary-General, National Trades Union Congress graced the christening ceremony as Guest-of-Honor. Other dignitaries included Mr. Bjarne Skeie, Chairman of Sinvest ASA and Deep Drilling Group, owner of Deep Driller 2, and Mr. Lim Chee Onn, Executive Chairman of Keppel Corporation.

Built to the KFELS Super B Class design, Deep Driller 2 is an enhancement of the highly acclaimed KFELS B Class design. The rig has been customized to the owner's specifications and marks another milestone in Keppel's design and engineering capability.

When delivered, Deep Driller 2 will be one of the world's deepest drilling rigs, capable of drilling down to 35,000 feet. She will be contracted to Brunei Shell Petroleum Company for deployment in offshore Brunei Darussalam.

Keppel FELS is presently constructing four other KFELS Super B Class design jackup rigs for Sinvest. Construction of all four rigs is progressing well and according to schedule.

To date, seven KFELS B Class rigs have already been successfully deployed in different parts of the world, with another 20 under construction at Keppel yards in Singapore and USA.

Keppel FELS is a wholly-owned subsidiary of Keppel Corporation, through Keppel Offshore & Marine, a leader in offshore rigs, ship repair and conversion and specialized shipbuilding. Keppel O&M's near market, near customer strategy is bolstered by a global network of 17 yards in the Asia Pacific, Gulf of Mexico, Brazil, the Caspian Sea, Middle East and the North Sea regions. Integrating the experience and expertise of its yards worldwide, the group aims to be the provider of choice and partner in solutions for the offshore and marine industry.

Sinvest ASA is an offshore rig-owning company listed on the Oslo stock exchange.

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