Business Recorder - Business & Finance - Industry https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 07:06:12 +0500 Thu, 13 Aug 2026 07:06:12 +0500 60 Singapore's Keppel gets $180 million jackup rig order from Jasper https://www.brecorder.com/news/9851/singapores-keppel-gets-180-million-jackup-rig-order-from-jasper <p class="MsoPlainText"><img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/april/kapp.404.jpg" width="400" height="267" />SINGAPORE<span style="font-size: 10pt;">: </span>Singapore<span style="font-size: 10pt;">'s Keppel Corp. the world's largest oil rig builder said on Sunday that Jasper Investments had exercised an option to order a second jackup rig worth $180 million.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">The KFELS B Class rig will be able to operate in water depths of 400 feet and drill up to 30,000 feet deep will be delivered in the first half of 2013.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">Jasper, a Singapore-based investment firm, owns and operates oil rigs for deep sea drilling which are contracted out to oil and gas companies.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></span></p> SINGAPORE: Singapore's Keppel Corp. the world's largest oil rig builder said on Sunday that Jasper Investments had exercised an option to order a second jackup rig worth $180 million.

The KFELS B Class rig will be able to operate in water depths of 400 feet and drill up to 30,000 feet deep will be delivered in the first half of 2013.

Jasper, a Singapore-based investment firm, owns and operates oil rigs for deep sea drilling which are contracted out to oil and gas companies.

Copyright Reuters, 2011

]]> Business & Finance https://www.brecorder.com/news/9851 Sun, 03 Apr 2011 07:52:43 +0500 none@none.com (Muhammad Iqbal)