Friday, May 30, 2003

Keppel Delivers Newbuild Barge for PT Apexindo

Rigzone.com, Keppel FELS 5/30/2003 --- Keppel Offshore & Marine has successfully delivered a posted submersible drilling barge on time to PT Apexindo Pratama Duta Tbk.

Yani Rig 104, a newbuild order, was delivered to PT Apexindo within a short span of 7.5 months. She is the third of three posted submersible drilling barges to be delivered to the client.

Yani Rig 104 sails off today to join her sisters, Raissa and Maera 101 in the inshore Tunu field, Balikpapan in East Kalimantan for TotalFinaElf Indonesia.

Said Mr. Choo Chiau Beng, Chairman and CEO of Keppel O&M, "PT Apexindo has been growing their fleet of drilling barges to cater for shallow draft in the mangrove swamp areas. We are privileged to be able to take part in their expansion plans.

"This is the third barge we've delivered. I believe Yani Rig 104, together with her sisters, will add further value for our customer."

Mr. Pierre Sanchez, Project Manager for PT Apexindo said, "The Yani Rig 104 project was challenging because of its short completion deadline. The yard had to be flexible in adapting to changing production requirements, yet ensuring that the job would still be delivered on time.

"The Keppel FELS engineering team has shown great professionalism in managing this project."

Keppel O&M was awarded two earlier contracts by long-time customer PT Apexindo, for the new construction of drilling barge Raissa as well as repair and refurbishment of Maera 101.

Yani Rig 104 is a further enhancement of Maera 101 in terms of design arrangements.