Offshore and Marine unit of Keppel Corporation has delivered a jackup rig to Borr Drilling, on time and within budget.
Offshore and Marine unit of Keppel Corporation has delivered a jackup rig to Borr Drilling, on time and within budget.
SAGA is the first of five jackup rigs that Keppel FELS is building for Borr Drilling.
Chris Ong, CEO of Keppel O&M, said, "We are pleased to deliver the first rig to our new customer Borr Drilling. This will be the 12th KFELS Super B Class rig and the 66th rig of the KFELS B Class family to enter the market.”
The KFELS Super B Class rigs are designed to operate in 400 feet water depth and drill to 35,000 feet. With a two million pound drilling system and a maximum combined cantilever load of 3,700 kips, the KFELS Super B Class is equipped with tremendous horsepower during drilling operations, Keppel said.
The CEO of Borr Drilling, Simon Johnson, added, "Jackup utilisation is improving as we recover from the bottom of the business cycle. The market preferentially rewards contractors who invest in the latest designs from the best shipyards. Our partnership with Keppel FELS allows us to provide rigs with leading edge specifications ready to deliver the highest operational performance to our customer base.”
Source: Pipeline ME
