Trading · Direct · 2014
B351 → ArabDrill jackup (Arabian Drilling Company)
KFELS B Class premium jackup drilling rigs
What the record says
B351 and B352 were ordered by an affiliate of Clearwater Capital Partners in late 2013 as a two-rig KFELS B Class package worth about US$440M. In May 2014 Clearwater sold B351 to Arabian Drilling Company, becoming ADC's fourth KFELS B Class rig, deployed for Saudi Aramco and Al-Khafji Joint Operations. ENGIC executed works globe and angle valves during the construction window.
Direct contract — globe and angle valve works to Keppel FELS during construction, Oct–Nov 2014
- End operator
- Arabian Drilling Company → chartered to Saudi Aramco
- Contracting party
- Keppel FELS Limited
- Location
- Built Keppel FELS Singapore; offshore Saudi Arabia
- Asset status
- Operating — offshore Saudi Arabia
- Parent project value
- ~US$440M (two-rig order)Published value of the overall project, not ENGIC revenue.
- Categories
- Valve Systems