Nov 12, 2004

AMFELS gets jackup repair orders

AMFELS, Brownsville, Texas, has clinched four contracts worth about $48 million from repeat customers.

AMFELS is the U.S. subsidiary of Singapore's Keppel Offshore & Marine Ltd (Keppel O&M).

Three contracts are for the repair of the jackups, ENSCO 86, ENSCO 89 and ENSCO 99, for a subsidiary of ENSCO International Incorporated (ENSCO).

The first of the three, ENSCO 99 is expected to arrive at AMFELS in mid-November 2004 and will also undergo life extension and refurbishment works.

The fourth contract is for the refurbishment of Ocean Warwick, a Diamond Offshore jackup that suffered leg damages during Hurricane Ivan.

All four rigs operate in the Gulf of Mexico.

Tong Chong Heong, Managing Director and CEO of Keppel Offshore & Marine and Chairman of AMFELS, said:"These contracts are testament to AMFELS' position as the Provider of Choice in the Gulf of Mexico."

"With our expertise and track record," he continued, "AMFELS will continue to work in partnership with owners and operators to provide them with quality solutions for the thriving oil and gas industry in the Gulf of Mexico region."

Currently, AMFELS is busy with the final stages of the modifications works on the SBX platform project for the US government. The vessel is scheduled for delivery in the first quarter of 2005.


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