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January 2008 - Keppel Corporation

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36<br />

BackPage<br />

Second drillship awarded to<br />

<strong>Keppel</strong> by repeat customer<br />

<strong>Keppel</strong> Shipyard has been<br />

awarded a contract worth<br />

around $145 million to<br />

integrate and complete a<br />

new build “Bully” drillship.<br />

<strong>Keppel</strong> secured the contract<br />

with a company jointly<br />

owned by Frontier Drilling<br />

and Shell.<br />

This is the second drillship of<br />

the “Bully” rig design<br />

awarded to <strong>Keppel</strong> by the<br />

same owners. The first<br />

“Bully” drillship was<br />

awarded in June 2007 with<br />

delivery by fourth quarter<br />

2009.<br />

The new hull will be built in<br />

China and is due to arrive at<br />

<strong>Keppel</strong> Shipyard in the first<br />

quarter of 2009. The drillship<br />

is expected to be delivered by<br />

the second quarter of 2010.<br />

Mr Nelson Yeo, ED of<br />

<strong>Keppel</strong> Shipyard, said,<br />

“Owners continue to see<br />

value and viability in using<br />

<strong>Keppel</strong> to carry out the<br />

complex integration and<br />

completion of drillships and<br />

FPSOs utilising hulls built<br />

elsewhere.”<br />

The “Bully” drillships are<br />

designed to conduct surface<br />

BOP (Blow-out Preventer)<br />

drilling operations in water<br />

depths of up to 12,000 ft<br />

and sub-sea BOP operations<br />

in water depths of up to<br />

8,250 ft as equipped (up to<br />

10,000 ft capability). The<br />

total drilling depth below the<br />

drill floor is 40,000 ft. The<br />

drillships will also be<br />

equipped with ice-class hulls<br />

and fitted with Dynamic<br />

Positioning (DP-2) capabilities.<br />

<strong>Keppel</strong> Shipyard’s work<br />

scope for the Bully 2 includes<br />

installation, integration and<br />

completion of the owner<br />

supplied power generation,<br />

thrusters and drilling<br />

equipment packages on a<br />

new hull. keppelite<br />

The <strong>Keppel</strong> Shipyard and Frontier Drilling teams looking forward to another fruitful relationship as Mr Nelson Yeo, Executive Director of <strong>Keppel</strong> Shipyard (4th from right) seals the deal with Mr<br />

Vern Westerhout, Project Director of Frontier Drilling (6th from right)<br />

<strong>Keppel</strong>ite I <strong>January</strong> <strong>2008</strong>

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