Singapore’s Keppel Offshore & Marine has boosted its order book with another US$425 million harsh environment semi-submersible rig for repeat customer Awilco Drilling, writes Amanda Battersby.
Keppel Fels will construct the mid-water semisub, scheduled for completion in the first quarter of 2022, after Awilco exercised an earlier secured option.
The Oslo-listed drilling company has independent options to order up to another two similar rigs to be exercised in 2020 and 2021, respectively.
