The KFELS B Class jack-up rig is scheduled for delivery to its owner, Teniz Burgylau in the first quarter of 2015, and is expected to be deployed in the Caspian Sea.

The jack-up rig will have a rated water depth of 262 feet, with the option to upgrade to 400 feet. The rig will be equipped to drill wells to 20,000 feet deep.

Rig