Keppel secures repeat contract from UMW for jackup worth $218 million

Keppel FELS has secured a contract from UMW Drilling for a KFELS B Class jackup rig worth US$218 million.


It will be the third KFELS B Class jack-up rig for UMW Oil & Gas and is scheduled for delivery in 3Q 2015. The first jack-up - UMW NAGA 4, was delivered in February 2013 and the second - UMW NAGA 5, is expected to be completed by 2Q 2014.


Mr Rohaizad Darus, President, UMW Oil & Gas said, "The KFELS B Class rigs are efficient drilling platforms with industry leading features and have been well received by the market. Our first jack-up constructed by Keppel FELS, UMW NAGA 4, is currently deployed in offshore Malaysia while our second rig, UMW NAGA 5, is expected to be delivered in May this year and has already secured a charter from Nido Petroleum Philippines.


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Keppel secures repeat contract from UMW for jackup worth $218 million Keppel secures repeat contract from UMW for jackup worth $218 million Reviewed by Crude Oil Facilitators on 22:12 Rating: 5

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