JUNE 11, 2013 — Coinciding with parent company Keppel Corporation's 45th anniversary this year, Singapore's Keppel FELS shipyard has delivered the 45th KFELS B Class jack-up rig. The design was launched in 2000 and KFELS B Class rigs now account for more than 30 percent of the total jack-ups completed globally since then.

The latest rig was delivered June 8 to Arabian Drilling Company (ADC) 14 days ahead of schedule, on budget and with a perfect safety record. Keppel FELS was awarded an early delivery bonus of US$210,000.

Named ArabDrill 50, the rig will be chartered to Saudi Aramco for operations in offshore Saudi Arabia.