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04-06-2008, 09:14 AM

utopia23

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Keppel Corp secures US$385 million contract

After markets closed yesterday evening, Keppel Corp announced on the SGX that it has secured a US$385 million repeat order to build a semisubmersible drilling rig for Brazilian drilling contractor group Queiroz Galvao Oleo e Gas.

This announcement comes hot on the heels of its 1 June 2008 announcement on the SGX that it clinched a US$537 million contract to build an ultra-deepwater semisubmersible (semi) drilling rig from a subsidiary of ENSCO International Incorporated.

Keppel Corp share price
Keppel Corp closed at $12.12 yesterday, falling 1.8% day-on-day, climbing 5.0% week-on-week and rallying 15.0% month-on-month.

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