Keppel FELS inks LOI for two US$400mln rigs

Gulf Drilling International has commissioned the company for the construction of two KFELS Mod VB Bigfoot jackup rigs.

According to GDI, the two rigs are scheduled to be delivered in 3Q2013 and 3Q2014.

In a statement, DMG Research said the LOI will turn into a firm contract once the financing for the project is in place.

Assuming that the LOI is converted into a firm order, Keppel’s YTD order wins will reach S$5.5bln, and the company's outstanding order book will be S$8.5bln.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!