Keppel wins drilling ship equipment deal

Singapore-based Keppel Corp said its Keppel Shipyard has won a $100 million contract to supply and install equipment on a drilling ship which is being built in a shipyard in China and is due to arrive at Keppel’s shipyard during the current quarter.

The project is expected to be completed in the fourth quarter of 2009 and the newbuilding is designed to operate in deepwater depths of 12,000 feet and is fitted with DP 2 capabilities. The work includes installation, integration and completion of the owner supplied power generation, thrusters and drilling equipment packages on a new hull.