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ENGIC

Trading · Direct · 2019–2023

Heidrun (Hull B381) → ADNOC Drilling

KFELS B Class premium jackup drilling rig

What the record says

One of five KFELS B Class jackups Keppel FELS was building for Borr Drilling under a May 2018 master agreement. In 2022 Borr sold Heidrun together with Tivar and Huldra for US$320M; the construction contracts were novated to ADNOC Drilling. Delivered to ADNOC and now operating in the Arabian Gulf under a ten-year charter, part of a US$2bn five-rig contract package. ENGIC executed during the initial process phase.

Direct contract — initial process valve works to Keppel FELS, 2019–2020

End operator
Borr Drilling → sold to ADNOC Drilling (2022)
Contracting party
Keppel FELS Limited
Location
Built Keppel FELS Singapore; deployed Arabian Gulf
Asset status
Operating — Arabian Gulf
Parent project value
Part of US$320M three-rig ADNOC salePublished value of the overall project, not ENGIC revenue.
Categories
Valve Systems, Jackup Rig Newbuild & Repair, Safety & Relief Valve Systems