Mexican drilling company Grupo R awarded Keppel Offshore & Marine subsidiary Keppel FELS a construction contract worth US$206 million for a newbuild jackup rig.
The KFELS B Class design jackup is scheduled for delivery in 4Q 2015. Keppel FELS says it currently has on order nine KFELS B Class jackup rigs from Mexican customers. The new jackup rig will be able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet.
"With this order, there will be 65 KFELS B Class rigs in the market by 2015, of which some 13 rigs are for Mexico," said Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS. "We are glad to be able to support Mexico's exploration of its offshore energy reserves and look forward to providing them with on time, on budget and safe deliveries."
Ramiro Garza Vargas, CEO of Grupo R said, "Mexico is aiming to boost oil production through increased E&P with PEMEX looking for a number of new high specification rigs that can optimise their operations. The addition of this premium jackup rig to the four KFELS B Class jackups we ordered earlier will enable us to meet their requirements and strengthen our position as the leading player in Mexico's drilling industry.
Keppel FELS recently delivered two KFELS B Class rigs, Primus and Laurus, to Mexican company Oro Negro in December 2012 and May 2013, respectively. Two other similar rigs, the Tonala and Ocean Scepter, have also been operating successfully in Mexico.
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