Keppel's US unit wins rig contract worth more than US$100m

KEPPEL AmFELS LLC, a US-based subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract valued at over US$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 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.