Provided - Keppel Offshore & Marine

Soaring on Super BKeppel FELS has secured a contractfrom Falcon Energy GroupLimited (Falcon Energy) throughits subsidiary, FTS Derricks, toconstruct a KFELS Super B Classjackup rig with delivery scheduledfor 3Q 2015.Mr Wong Kok Seng, MD (Offshore)of Keppel Offshore & Marine(Keppel O&M) and MD of KeppelFELS said, “Falcon Energy enteredthe offshore oil drilling businesswhen they ordered two jackuprigs from China in 2011. We aredelighted that Falcon Energyhas chosen the KFELS Super BClass design for their new highspecification jackup rig, which willbe built at our yard in Singapore.“So far this year, Keppel FELS hasalready delivered six rigs ahead ofschedule, safely and on budget.With this new contract, we nowhave on order 21 KFELS B Class/Super B Class jackup rigs, whichis today the industry benchmarkfor premium jackup rigs. We lookforward to providing Falcon Energyand their partners with a premium,safe and efficient rig with onscheduledelivery.”Customised to Falcon Energy’srequirements, the KFELS Super BClass jackup rig is equipped witha high capacity hook load of twomillion pounds for operationsin high temperature and highpressure wells. Developedby Keppel O&M’s technologyarm, Offshore TechnologyDevelopment, the KFELS B Class/Super B Class jackup designKeppel FELS recently delivered two KFELS Super B Class jackup rigs ahead of schedule toTransocean. The yard has another 21 K FELS B Class/Super B Class jackup rigs on orderprovides maximum uptime withreduced emissions and discharges.This brings Keppel O&M’s neworders as at 15 April 2013 to$2.2 billion.A new customer to Keppel FELS,Falcon Energy is a leading player inthe regional offshore marine andoil and gas sectors. The company islisted on the Singapore Exchange.OffshoreMarine March – April 20133