Keppel catches another

Choo Chiau Beng-led Keppel Corp has chalked up another newbuilding order.

Choo Chiau Beng Keppel 240

Singapore-listed Keppel’s latest capture is an accommodation rig contract from Norway’s Floatel International.

Keppel says the deal, its third with Floatel, tips the scales at $260m.

The rig is scheduled to be delivered from Keppel’s FELS division in first quarter of 2014.

Only last week Keppel FELS announced a $140m contract to built a self-erecting rig for John Fredriksen’s Seadrill.

In all it is the eighth such rig that Seadrill has ordered from Keppel since 1994 and brings the number of tender rigs in its fleet to 19.