Keppel AmFELS LLC, a U.S.-based wholly-owned subsidiary of Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M), has won a contract valued at over $100 million to build one of the world's largest land drilling rigs for a major operator.
Scheduled for delivery in mid-2016, Keppel AmFELS will be undertaking the engineering, procurement and construction of the rig. The rig will be capable of operating in harsh conditions.
Backed by comprehensive facilities and a highly-capable workforce, Keppel AmFELS has built up a strong track record in the construction, refurbishment, conversion, life extension and repair of a variety of drilling rigs.
The above contract is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.