Singapore's Keppel gets $180 million jackup rig order from Jasper

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.