Keppel AmFELS to build one of world’s largest land rigs for over $100 million

December 29, 2014

Keppel AmFELS to build one of world’s largest land rigs for over $100 million

BROWNSVILLE, Texas -- Keppel AmFELS, a wholly-owned subsidiary of Keppel Offshore & Marine, has won a contract valued at over $100 million to build one of the world's largest land drilling rigs for a major operator.

Scheduled for delivery in middle of 2016, Keppel AmFELS will be undertaking the engineering, procurement and construction of the rig. The rig will be capable of operating in harsh conditions.

This contract is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation for the current financial year.

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