Keppel Corp Secures US$245 Million Contract To Build Jackup Rig For Ensco

Date : 10/06/2011 @ 8:35PM
Source : Dow Jones News
Stock : Ensco Plc Class A Ordinary Shares (ESV)
Quote : 7.62  -0.04 (-0.52%) @ 4:00PM

Keppel Corp Secures US$245 Million Contract To Build Jackup Rig For Ensco

Ensco (NYSE:ESV)
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Keppel Corp. Ltd. (BN4.SG) Friday said it has secured a US$245 million contract from Ensco PLC (ESV) to build an enhanced KFELS Super A Class harsh environment jackup rig.

The rig is scheduled for delivery in the third quarter of 2014. The contract arose from the exercise of an option, which was part of Ensco's order for two rigs earlier this year.

-By Sam Holmes, Dow Jones Newswires; +65-6415-4157; samuel.holmes@dowjones.com

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