ADC Takes Delivery of Newbuild Arabdrill 60 from Keppel FELS

Keppel Corporation Limited announced Friday that Keppel FELS Ltd (Keppel FELS), a wholly-owned unit of the firm's subsidiary Keppel Offshore & Marine Ltd (Keppel O&M) has delivered Arabdrill 60 (400' ILC), a KFELS B Class jackup, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that Keppel FELS has delivered in 2013, setting a new record for the most number of rig deliveries by a company in a year.

The rig was named at a ceremony today in the presence of Mohamed Yousuf Rafie, chairman, ADC's Board of Directors and Lawrence Wong, Singapore's acting minister for Culture, Community and Youth and senior minister of state for Communications and Information as the Guests of Honour.

Mohamed Yousof Rafie, chairman, Board of Directors, ADC said, "The performance of our first new KFELS B Class rig, Arabdrill 50 (400' ILC), has fully met our expectations and we are now pleased to receive Arabdrill 60 which we are confident will be just as successful. Together, these two high specification rigs enable us to offer Saudi Aramco productive, safe and cost-efficient drilling operations. We have been impressed with the commitment by Keppel FELS in delivering to high quality and safety standards, while ensuring our requirements were met. This is a win-win partnership we have built with Keppel that we hope to continue into the future."

Saad Saab, managing director (Administration), ADC, also thanked Keppel FELS for delivering Arabdrill 60 ahead of schedule and with an excellent safety record. Muhammad Umar Loan, managing director (Technical), ADC, added that the project was completed well with some variation orders to bring the rig in compliance with Saudi Aramco's contract. While thanking Keppel FELS, Muhammad Umar Loan also congratulated DNV-GL and the ADC project management teams on completing this project safely and ahead of schedule.

On how Keppel FELS managed to deliver 21 rigs in a year, Wong Kok Seng, managing director (Offshore), Keppel Offshore & Marine and managing director, Keppel FELS said, "Building a KFELS B class jackup rig involves coordination among multiple parties and over a thousand workers. This year, we had some 45 projects going on at the same time. We streamlined the building process through new technology and equipment as well as having an innovative construction methodology. All our departments worked seamlessly together to set new benchmarks.

"Even though we had so many deliveries, every customer, such as ADC, is important, and we worked closely with them to understand their needs. We set out to deliver 20 and ended up delivering 21 rigs on time or ahead of schedule and safely. Our previous record was 13 in 2009. That is the Keppel standard. We always challenge ourselves to do better."

Arabdrill 60 will be ADC's third jackup from Keppel FELS and has been chartered to Saudi Arabia's national oil company, Saudi Aramco. The first of the two new jackups, Arabdrill 50, was delivered earlier this year and is already working successfully for Saudi Aramco. ADC also owns Arabdrill 30 (300' ILC), another KFELS B Class rig since 2009 and the rig is operating for the Al-Khafji Joint Operations (AGOC/KGOC). A strong supporter of Saudi Arabia's offshore drilling program, Keppel FELS also previously delivered SAR-202 (300' ILC), a KFELS Super B Class jackup for Saudi Aramco. Three other jackups, AOD I (400' ILC), AOD II (400' ILC) and AOD III (400' ILC) delivered to Asia Offshore Drilling this year are also contracted to Saudi Aramco.


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