CATEGORIZED | News, The Offshore Frontier

Keppel delivers jackup to Mexico’s CP Latina

Posted on 06 August 2013

Keppel FELS has delivered La Santa Maria, a KFELS B-class jackup, to Constructora y Perforadora LATINA (CP LATINA), a private Mexican energy company. The rig, which will be chartered to PEMEX for deployment offshore Mexico, is the first of two high-specification jackups that the Singapore yard is building for CP LATINA. The second rig is on schedule to be delivered in Q4 this year.

“La Santa Maria is the third such rig Keppel FELS has delivered to Mexican customers since 2012,” said Wong Kok Seng, managing director of Keppel Offshore & Marine and Keppel FELS. The shipyard has nine more on order.
The KFELS B-class jackup design can operate in water depths up to 400 ft and drill to depths of 30,000 ft. The rig is equipped with an advanced and automated high-capacity rack and pinion jacking system, and a self-positioning fixation system.

“As we look to expand our drilling services portfolio, the acquisition of two such rigs is a strong base for us to establish a foothold in the Mexican offshore market. We are confident that the second rig Keppel is building for us will be delivered just as efficiently, enabling us to meet the demands of the market,” Santiago del Valle Toca, chairman of CP Latina, said.

Mexico’s proven reserves of oil and gas at the start of 2013 was almost 14 billion bbl of crude oil equivalent. PEMEX announced plans to add between eight and 12 offshore platforms to its drilling fleet earlier this year and unveiled investment plans of US$25.3 billion for 2013, of which US$20 billion will be targeted at upstream activities.

In addition to the second rig for CP LATINA, Keppel FELS is also building two KFELS B jackups for PEMEX, five for Grupo R and one for Parden Holding. It recently delivered two similar rigs to Mexican customer Oro Negro while sister yard, Keppel AmFELS in Brownsville, Texas, delivered a jackup to Perforadora Central in April 2013, with another due for delivery in 1Q 2014.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 17 December 2014

    Saudi Aramco: Four factors for a sustainable drilling business

    Despite the modest growth in demand and drop in oil prices today, the long-term outlook for industry is healthy. “Our industry will need to add around 40 million bbl per day for new capacity...

  • 16 December 2014

    Ensco development program produces driller in 3 years

    Ensco’s Accelerated Development Program (ADP) takes a “green” individual and, within a three-year period, trains them to become a driller. In response to personnel shortages in various areas, including drilling...

  • 16 December 2014

    Saudi Aramco: ‘Industry cannot afford to lose talent when the economy is down’

    Industry is facing a human resources challenge in two areas: the ageing workforce and the shortage of skills, Mohammed Al Sellemi...

  • 16 December 2014

    Nanotechnology has potential to improve tool performance in extreme environments

    In terms of temperature stability and corrosion, tools have limitations, especially in extremely challenging drilling environments. Jothibasu Ramasamy...

  • 16 December 2014

    Colville: WCI provides forum to evaluate practical, economical advances in well control practices

    Major players throughout industry are joining forces under the Well Control Institute (WCI). The mandate of WCI is “to provide the definitive forum...

  • Read more news