Saturday, February 7, 2009

Keppel FELS completes proprietary DSSTM 51 semi for Transocean

Singapore, 7 February 2009 – Keppel FELS Limited (Keppel FELS) has completed Transocean’s Development Driller III, an ultra-deepwater drilling rig built to Keppel’s proprietary DSSTM 51 semisubmersible (semi) design.

The Development Driller III is designed to construct wells as deep as 11,430 metres (37,500 feet) wells and operate in water depths of up to 2,286 metres (7,500ft), upgradable to 12,192 metres (40,000 feet) and 3,048 metres (10,000 feet), respectively.

Keppel O&M is the only shipyard group in the world with in-house deepwater semi design capabilities. Its DSSTM Series of semis are the most technically advanced deepwater drilling rigs to be designed and completed by Singapore to date.

About Keppel FELS
Keppel FELS is a wholly-owned subsidiary of Keppel Corporation Limited, through Keppel O&M, a leader in offshore rigs, ship repair and conversion and specialised shipbuilding. Keppel O&M's near market, near customer strategy is bolstered by a global network of 20 yards in the Asia Pacific, Gulf of Mexico, Brazil, the Caspian Sea, Middle East and the North Sea regions. Integrating the experience and expertise of its yards worldwide, the group aims to be the provider of choice and partner for solutions for the offshore and marine industry.

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