Keppel Delivers India's Greatdrill Chitra, Brazil's Gold Star

Keppel FELS has delivered two rigs safely, ahead of schedule and within budget to the rigs' owners.

The KFELS B Class jackup rig, Greatdrill Chitra, was delivered to India's Greatship Global Energy Services Pte Ltd (Greatship) 12 days ahead of schedule, earning Keppel FELS a bonus of S$300,000.

Keppel FELS also delivered Gold Star, the world's first DSSTM 38 deepwater semisubmersible drilling rig, to Brazilian operator, Queiroz Galvão Óleo e Gás (QGOG), six days early.

Both rigs are well on-track for their maiden deployments. Greatdrill Chitra will work for India's national oil company, Oil and Natural Gas Corporation (ONGC) in the west coast of India for a period of five years, while Gold Star supports Petrobras' exploration and production activities in offshore Brazil.

Mr. Tong Chong Heong, CEO of Keppel Offshore & Marine, the parent company of Keppel FELS, said, "Over the years, we have supported and grown with emerging drillers and operators, many of whom have become today's market leaders. We look forward to build long-term partnerships with up-and-coming players in the same manner, and support them in establishing their fleet capabilities and track records.

"In choosing to adopt our designs for their flagship rigs, Greatship and QGOG, have shown their trust in Keppel's expertise and commitment to deliver on promises."

Mr. Ravi Sheth, Managing Director of the Greatship Group, said, "The successful construction of our inaugural rig, Greatdrill Chitra, is an important milestone for Greatship as we build up our fleet capability and quality to stand out in India's offshore industry.

"Keppel FELS has set the industry benchmark with its powerful KFELS B Class jackup rig design, which is a winning solution combining performance, safety, stability and eco-friendliness. We are pleased with the strong project management and execution, as well as safety commitment demonstrated by Keppel FELS to deliver this world-class product."

Apart from Greatdrill Chitra, Keppel Offshore & Marine's subsidiary, Keppel Singmarine, is also building four platform support vessels for Greatship.

"There is no doubt that Keppel is one of the most capable shipyards in the world to build drilling rigs. Keppel FELS has the best experience with semisubmersibles, having built some very large production units for Petrobras to work in Brazil," said, Mr Antonio Augusto de Queiroz Galvão, QGOG's General Director.

"The achievement of high standards of safety and quality on Gold Star is the result of the mutual trust and teamwork between QGOG and Keppel. We look forward to build on the good rapport we have established, and also to the success of our second project, Alpha Star," he added.

Presently under construction at Keppel FELS, QGOG's second DSSTM 38 unit, Alpha Star, is scheduled for delivery in mid-2011.