Ensco Contracts Shipyard for Rig Work

Importer

Offshore drilling rig contractor Ensco International has contracted Singapore shipyard Keppel FELS to construct a $385 million ultra-deep water semisubmersible rig. Delivery is scheduled for the fourth quarter of 2009.

Ensco said is currently awaiting construction and delivery of two other deep water semisubmersible rigs from Keppel, which are expected to be delivered in the second quarter of 2008 and the first quarter of 2009, respectively. The rigs are all based on Ensco’s proprietary design.