keppelite february 2013 issue - tj giavridis marine services co. ltd.

23Celebrating a strong partnership between Keppel and UMW are (first row, left to right) Mr Choo Chiau Beng, CEO of Keppel Corporation and Chairman of Keppel Offshore & Marine; Mr TongChong Heong, CEO of Keppel Offshore & Marine; Lady Sponsor Puan Sri Habibah Mohd Salleh; Tan Sri Asmat Kamaludin, Group Chairman of UMW Holdings Berhad; Datuk Syed Hisham SyedWazir, President and Group CEO, UMW Corporation; Datin Engku Naimah Engku Embong, wife of Group CEO, UMW Corporation, and Mr Chow Yew Yuen, COO of Keppel Offshore & Marineschedule and with a perfectsafety record. The rig hasbeen contracted by SaudiAramco for work in offshoreSaudi Arabia.Mr Jon Olav Østhus, CEO ofAOD, and Vice-President ofSeadrill Management AS,said, “Seadrill already hasthree KFELS B Class rigs inour fleet of jackup rigs, sowe know the strength of thisdesign and are pleased toshortly add another three toour fleet. The early delivery ofthe first of these three newrigs will enable us to put it towork earlier than expectedand generate immediatereturns on our investment.“ W e h a v e a s t r o n grelationship with KeppelFELS, having built some14 rigs with them since1993, and they have alwaysdelivered rigs to our highestsatisfaction. This reliabilityis also something that ourcustomers can count onwhen they require highquality rigs on time.”When completed, the AODseries of KFELS B Class rigswill be able to operate ina water depth of 400 feet,drilling depth of 30,000feet, and accommodate150 people.UMWThe fourth jackup rigdelivered by Keppel FELS in2013 was UMW Naga 4 toUMW Oil & Gas CorporationSdn. Bhd, a wholly ownedsubsidiary of the Malaysiancompany, UMW Group.Naga is the term for dragonin Malay.Completed five days aheadof schedule, on budget andwith a perfect safety record,the rig had its handoverceremony on 16 February2013.Mr Chow said, “With a strongfocus on technology, wework closely with customersto develop innovative andcost-effective solutions fortoday’s market. We are gladto have new customer UMWchoose the KFELS B Class astheir preferred rig design. Itis ideally suited to meet thecurrent shortage of highspecificationrigs needed forshallow water fields and canbe deployed in many parts ofthe world.”UMW Naga 4 is built toKeppel’s proprietary KFELSB Class design which isthe industry standard formodern jackup rigs today.With another 16 KFELS BClass/Super B Class rigs onorder, it reflects the strongmarket demand for thedesign.En. Rohaizad Darus,President of UMW Oil & GasCorporation, added, “UMWNAGA 4 is a testimonyof UMW’s commitmenttowards establishing a longterm and active involvementin the oil and gas sector inthis region. Naga 4 wouldnot be here today withoutthe good work of our newfriend, Keppel FELS, and theclose cooperation betweenboth our teams. I would liketo express my appreciationand thanks to Keppel FELSfor completing the rig ontime.” keppeliteKeppelite I February 2013