Keppel O&M bags US$425m repeat order for semisubmersible rig from Awilco

The rig is set to be completed on 1Q 2022.

Keppel Offshore & Marine Ltd has secured an order with Awilco Drilling PLC for the construction of a repeat mid-water semisubmersible drilling rig for harsh environment use, worth about US$425m.

The rig will be built to Moss Maritime’s CS60 ECO MW design and is scheduled for completion in 1Q 2022. Similar to the first rig, it is specially designed, configured and outfitted for mid-water operations in water depths up to 1,500m and able to work in the environments of North West Europe, including the Barents Sea.

“Equipped with a hydraulic hoisting system capable of two million pounds of lifting capacity, it also features an optimised 12 point thruster assisted mooring system for vessel station keeping, complete with hybrid power supply and energy saving features,” Tan Leong Peng, executive director (Offshore) of Keppel O&M, said.

As part of that transaction, Awilco has independent options to order up to another two similar rigs to be exercised in 2020 and 2021 respectively.

Also Read

Institution of Engineers sets up new board to promote faster chartership registration

Hanwha raises offer to $0.67 to acquire full control of Dyna-Mac Holdings

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit