The contractor will be repairing the KFELS Mod V Enhanced B-Class deep-water rig, which it delivered to Atwood in May 2003, though the scope and schedule of the work remains to be determined.
Two of the Atwood Beacon's legs and its derrick were damaged when the jack-up slipped and listed while working for ConocoPhillips in Natuna Sea block B.
Recovery operations have been hampered by the lack of an immediately available dynamic positioning (DP) vessel to assist the crane barge on location, an industry source said.
