Keppel Awarded Rig Upgrade Contract

Keppel FELS Ltd has been awarded a $30 million rig upgrade contract by GlobalSantaFe. The upgrade of Rig 136, a cantilever jack-up drilling unit, will include refurbishment of the quarters, helideck and derrick replacements, as well as modifications to the cantilever. The project is expected to be completed in July. The rig will be deployed in Southeast Asia after the work is completed.