KEPPEL Corporation on Monday said that Keppel Fels, a wholly-owned subsidiary of Keppel Offshore & Marine, has inkedĀ a novation agreement with Borr Drilling and BOT Lease Co.

KEPPEL Offshore & Marine (Keppel O&M) has delivered a jackup rig to Mexican driller Grupo R under a sale-and-leaseback agreement, the group said on Wednesday.