(MENAFN- The Peninsula) Gulf Drilling International (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has signed a construction contract worth QR825m with Keppel FELS, a subsidiary of Keppel Offshore & Marine, for the delivery of a new Jack-up drilling rig in the first quarter of 2016, said a press statement yesterday.
The contract for the rig named 'HALUL' was signed by Ibrahim Al Othman, GDI's CEO and Wong Kok Seng, Managing Director of Keppel O&M (Offshore) and Keppel FELS. When delivered, 'HALUL' will become the 5th KFELS B Class designed rig in GDI's fleet.
The acquisition of this high spec rig will further the efforts of GDI to grow and modernise its fleet, with the objective being to reduce its average age while increasing its technical capabilities.
'HALUL' will have accommodation facilities for 150 persons and a cantilever outreach of 70 feet, be rated for 300 foot water depth and a drilling depth of 30,000 feet, be enabled by an off-line stand building and come equipped with all the extra features, facilities and equipment that GDI has set as a standard for its recently delivered rig "DUKHAN".
Al Othman said: "GDI is pleased to be signing a contract with Keppel FELS once again for this new requirement. We have built a solid relationship with Keppel FELS, who have a reputation for reliability and dependability. The majority of our rigs are of the newer, high spec variety that have been customised to meet the needs of our clients. We make it a point to work closely with our clients in order to satisfy their requirements in a cost effective manner."
Wong added: "We are pleased to have been chosen by GDI to build another benchmark jack-up rig for them. The KFELS B Class has established itself as a reliable high specification jack-up rig for the Middle East with more than 10 such rigs successfully operating there. "In addition to providing new build jack-ups, our shipyard in Qatar, Nakilat-Keppel O&M, is also supporting GDI with the construction of a liftboat now in progress and the repair and maintenance of their rig fleet. Our strong partnership has been built on a number of successful projects that have been delivered to them over the years and we look forward to continuing our support of GDI as they grow in the Middle East."
Upon delivery in 2016, Halul will join the Qatar Petroleum offshore operation as the fourth jack-up rig supplied by GDI.
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