Keppel FELS Awarded Rig Upgrade Contracts

Diamond Offshore has awarded $34 million worth of contracts to Keppel FELS for the water depth upgrade of four of its Friede & Goldman L-780 jackups. Upgrades to the Ocean Heritage and Ocean Sovereign will be performed in Singapore while upgrades to the Ocean Spartan and Ocean Spur will be performed in Brownsville at the Amfels yard. Each rig will undergo a water depth increase from 250 feet to 300 feet.