Wednesday, December 21, 2011

Keppel Corp

Keppel Corp: Kenai Offshore Ventures (KOV), A 50/50 JV between Australian explorer Buccaneer Energy and Ezion Holdings has enlisted Keppel Fels to carry out repair and modification work to its recently acquired jack-up rig Endeavour. No financial detail on the contract size was given.

Endeavour is currently in dry dock undergoing the 1st stage of the work, which will be completed in the next 10 days. The 2nd stage will commence in Jan and will involve upgrades to the accommodation quarters, blasting and painting of surfaces, winterising, and refurbishing of tanks and piping systems. The rig is expected to arrive in Alaska’s Cook Inlet by Apr/May next year.

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