Keppel FELS delivered a KFELS B Class jackup rig, to privately-owned Mexican company Constructora y Perforadora LATINA (CP LATINA).
The jackup rig was named La Santa Maria at a ceremony in Keppel FELS on August 2. The rig, which is can operate in water depths up to 400ft and drill down to 30,000ft, will be deployed off Mexico by Pemex. La Santa Maria is the first of two high-specification jackup rigs that Keppel FELS is building for CP LATINA. The second rig is on schedule to be delivered in 4Q 2013.
Developed by Keppel's technology arm, Offshore Technology Development (OTD), the jackup is equipped with an advanced and fully-automated high capacity rack and pinion jacking system, and self-positioning fixation system.
Mexico's proven reserves of oil and gas at the start of 2013 is almost 14 billion boe. Pemex announced plans to add between eight and 12 offshore platforms to its drilling fleet earlier this year and unveiled investment plans of US$25.3 billion for 2013, of which US$20 billion will be targeted at upstream activities.
In addition to the second rig for CP LATINA, Keppel FELS is also building for the Mexican market - two KFELS B Class jackup rigs for Pemex, five for Grupo R and one for Parden Holding. It recently delivered two similar rigs to Mexican customer Oro Negro while sister yard, Keppel AmFELS in Brownsville, Texas, delivered a jackup rig to Perforadora Central in April 2013 with another due for delivery in 1Q 2014.