Ensco, Keppel FELS Enter USD 225 Mln Jack-Up Deal

Ensco, Keppel FELS Enter USD 225 Mln Jack-Up Deal

Responding to continued customer demand, Ensco plc has ordered a new premium jackup rig for delivery in early 2015. ENSCO 110, based on the Keppel FELS B Class Bigfoot design, will be constructed under a fixed-price contract with Keppel FELS Limited (KFELS) in Singapore. Including commissioning, systems integration testing and project management, the construction cost is expected to be approximately $225 million.

“The market for premium jackups is very strong and we expect this trend to continue,” said Dan Rabun, Ensco Chairman, President and CEO. “Customer demand is broad-based for high-specification jackup rigs, and this rig can work in virtually every shallow water basin around the world.”

Three active Ensco rigs, ENSCO 106, ENSCO 107 and ENSCO 108, are also based on the KFELS B Class Bigfoot design.

“We are strong proponents of rig standardization, and this latest order is in line with our strategy,” said John Knowlton, Ensco Senior Vice President, Technical. “Design standardization allows us to staff, operate and maintain our rigs more efficiently, and our customers reap the benefits of this through increased reliability.”

The KFELS B Class Bigfoot design is capable of working at water depths up to 400 feet with a maximum drilling depth of 30,000 feet. ENSCO 110 will have a nominal variable deck load of 7,500 kips and a cantilever load of 2,500 kips. It also has a 1.5 million-pound derrick, TDS-8 top drive and 15k BOP. Ensco has customized the rig to add dual drilling fluid capability and to upgrade the living quarters to 6 one-person and 67 two-person rooms.

With this contract, Ensco now has seven newbuild rigs on order, including four jackup rigs and three ultra-deepwater drillships. The two ultra-premium harsh environment jackups and one ultra-deepwater drillship scheduled for delivery in 2013 are all contracted.

“Our ongoing strategy of highgrading our fleet not only creates additional earnings potential for Ensco but contributes to our ability to maintain our number one rating in customer satisfaction and to attract the best employees in the industry,” Rabun added.

ENSCO, April 8, 2013

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2016 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

TOC Americas

TOC (The Terminal Operations Conference) has long been considered best in class by container terminal operators and their suppliers. Over time, TOC has evolved and whilst they continue to deliver the highest quality technical content in line with their heritage, they also recognise that they must now hear from stakeholders higher up the cargo chain. Therefore, there are now two distinct elements to the event:

The exhibition is a showcase for port & terminal technology and operations plus TECH TOC, the free to attend technical conference aimed at terminal operators and their suppliers. Many suppliers come together to showcase cutting edge solutions to their clients, the terminal operators and ports.

More recently, the events now placed a new focus on the container supply chain making them the premier business and networking event for the stakeholders, including shippers, carriers and 3pl’s as well as the global operators and port authorities. This conversation takes place in the more recently created Container Supply Chain Conference.

More info

read more >

BWMTech North America 2016

Key sessions at BWMTech NA 2016:
• A guide to Ballast Water Treatment System Selection.
• Market Modelling: Forecasting the market response to ratification…

read more >

Arctic Shipping Forum North America

The ASF Arctic Shipping North America 2016 Innovation Award will be presented to a company or individual that has developed an innovative idea…

read more >

Singapore International Bunkering 2016

SIBCON 2016 will be about perspectives, conversations, dialogue, and above all networking. With all discussions under Chatham House rules…

read more >