Keppel Fels to build its first drillship
The state-of-the-art 'Can Do' is slated to be ready in 2016
KEPPEL Corp's offshore shipyard subsidiary Keppel Fels is to start building its first drillship sans contract, but analysts say the move is a sign that a firm contract with a major offshore rigowner or operator is underway.
The group said that following positive feedback and strong enquiries from the market, its management is proceeding with the building of its "Can Do" drillship with completion targeted for 2016.
Keppel said a further announcement will be made when a firm contract is secured for this drillship unit.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Former PAP MP, minister of state retire as company directors
US: Wall St opens higher
Air China to buy 100 locally made C919 jets in US$11 billion deal
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses