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Effective URL: https://www.diigo.com/item/note/8l1po/dqyu?k=cf37927625567c99a8305bc83c75631d
Submission: On March 15 via manual from US — Scanned from ES
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Skip to main contentdfsdf * Tools * Sign in / borchmoran64's Library/ Notes/ Unknown Facts About Buy Singapore's Oil-Rig Makers - Barron's UNKNOWN FACTS ABOUT BUY SINGAPORE'S OIL-RIG MAKERS - BARRON'S Unknown Facts About Buy Singapore's Oil-Rig Makers - Barron's from web site 2000 hp drilling rigs for sale land jackup DRILL RIG/JACK-UP/SHIPS/LIFTBOAT – SALE AND PURCHASE FUNDAMENTALS EXPLAINED Keppel Offshore & Marine Ltd (Keppel O&M) through its wholly-owned subsidiary Keppel FELS Limited (Keppel FELS) has actually delivered the KFELS B Class jackup rig, Cantarell III, to a wholly-owned subsidiary of Grupo R with a best security record. As part of the deal, Grupo R has participated in a sale and leaseback plan for the rig with a wholly-owned subsidiary of Keppel O&M. Maersk holds off on drilling rig fire sale - WorkBoat Keppel O&M had actually received 20% down payment of the initial contract worth for Cantarell III when the agreement was signed in 2013. Cantarell III will be rented back to Grupo R on a bareboat charter at competitive day rates over ten years, and will be deployed to work in offshore Mexico on a charter which will begin in 1Q 2020. When a Hurricane Hits an Offshore Oil Platform - The Atlantic Under the bareboat charter, Grupo R deserves to buy the rig at pre-agreed costs throughout the regard to the bareboat charter. After Learn More Here , Keppel O&M may, at its discretion, put the rig to Grupo R at a pre-agreed price. Mr Tan Leong Peng, Executive Director (New Constructs) of Keppel O&M said, "We are delighted to participate in a mutually useful arrangement which will allow Grupo R to deploy another high-performance rig for its operations in Mexico. THE BUZZ ON RIGLOGIX OFFSHORE RIG NEWS ROUNDUP - WESTWOOD GLOBAL As Mexico seeks to increase oil production, demand for jackup rigs has been rising. "Our first sale and leaseback arrangement with Grupo R on the Cantarell IV has worked well. Cantarell IV, which was warm stacked in our yard from 2016 to the start of 2019, was able to go straight to the field upon shipment and accomplish 99% uptime in its operations. We expect Cantarell III to similarly serve Grupo R well upon implementation in Mexico." The KFELS B Class style is the industry standard for jackup rigs. It has proven its robustness and performance in many fields around the globe, and more than 10 KFELS B Class systems have actually been provided to Mexico. Bethlehem Jack-Up Rigs (3) ⋆ PetroRigs.com Cantarell III is equipped with Keppel's proprietary Rig, Care Option - a suite of digital services to support the rig's lifecycle requirements, substantially increasing uptime and safety while lowering maintenance costs. Together with the Cantarell IV jackup rig, which was provided by Keppel to Grupo R previously this year, they are the industry's very first drilling rigs with Smart Notations. Saved by borchmoran64 26 minutes ago * ©2022 Diigo, Inc. * About * Pricing & Plans * Terms of Service * Privacy Policy * Blog * Twitter * Contact Us