Awilco orders $425 million rig from Keppel FELS

Keppel FELS has secured a US$425 million contract from Awilco to construct a mid-water semisubmersible drilling rig for harsh environment use.

Scheduled for completion in the first quarter of 2021, the rig will be built to a Moss Maritime design for operations in water depths of up to 1,500 metres.

Equipped with a hydraulic hoisting system capable of 907 tonnes of lifting capacity, it will also feature a 12-point, thruster-assisted mooring system for vessel station keeping, hybrid power supply and energy-saving features.

Awilco also has options for three similar rigs to be exercised within 12, 24 and 36 months.