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Keppel Corp: Unit Gets Contract Worth US$150 Million From Diamond Offshore

SINGAPORE -(Dow Jones)- Keppel Corp. Ltd. (BN4.SG) Monday said its unit has secured a contract worth US$150 million from Diamond Offshore Drilling Inc. (DO) to build a semi submersible rig from an existing vessel. Keppel AmFELS LLC, a wholly-owned U.S. subsidiary of Keppel Offshore & Marine Ltd., will construct and upgrade the moored semisubmersible rig with delivery scheduled for the third quarter of 2013, Keppel said in a statement to the Singapore Exchange. The rig, to be named 'Ocean Onyx', will be constructed from an existing hull from a Diamond Offshore cold stacked unit, which previously operated as the 'Ocean Voyager'. Keppel AmFELS' scope of work on the Ocean Onyx includes the reconstruction of the rig, installation of equipment such as a drilling package, and installation of sponsons to the pontoons to enhance the stability of the rig in deep water, according to the company statement. -By Gaurav Raghuvanshi; Dow Jones Newswires; +65 64154 154; gaurav.raghuvanshi@dowjones.com

Stock News for Diamond Offshore Drilling (DO)
DateTimeHeadline
08/09/201611:47:00Loews Corporation Announces Quarterly Dividend On Common Stock
08/01/201610:43:29Quarterly Report (10-q)
08/01/201607:49:00Loews Swings to Surprise Loss on Asset Write Downs
08/01/201606:13:42Current Report Filing (8-k)
08/01/201606:00:00Loews Corporation Reports Results For The Second Quarter Of 2016
08/01/201606:00:00Diamond Offshore Announces Second Quarter 2016 Results
07/12/201610:00:00Loews Corporation to Release Second Quarter 2016 Results on August...
07/12/201610:00:00Diamond Offshore to Release Second Quarter 2016 Results on August...
07/08/201606:13:00Bolts Securing Subsea Oil Wells are Failing, Say Regulator
07/05/201618:00:20Statement of Changes in Beneficial Ownership (4)
07/05/201617:58:55Statement of Changes in Beneficial Ownership (4)
07/05/201617:57:36Statement of Changes in Beneficial Ownership (4)
07/05/201617:56:18Statement of Changes in Beneficial Ownership (4)
07/05/201617:54:35Statement of Changes in Beneficial Ownership (4)
07/05/201617:53:10Statement of Changes in Beneficial Ownership (4)
07/05/201617:51:48Statement of Changes in Beneficial Ownership (4)
07/05/201617:50:57Statement of Changes in Beneficial Ownership (4)
07/05/201617:49:38Statement of Changes in Beneficial Ownership (4)
06/24/201616:37:00Amended Statement of Beneficial Ownership (sc 13d/a)
06/21/201608:24:07Current Report Filing (8-k)

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