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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
10/03/201418:37:34MARKET SNAPSHOT: U.S. Stocks Rally On Strong Jobs Report
10/03/201418:27:55MARKET SNAPSHOT: U.S. Stocks Rally After Upbeat Jobs Report
10/03/201418:18:33MARKET SNAPSHOT: U.S. Stocks Rise After Strong Jobs Report
08/04/201409:44:14U.S. Hot Stocks: Hot Stocks to Watch
02/12/201417:10:10Diamond Offshore Names Halliburton Executive Next CEO
11/15/201309:01:37HBK Investments LP 3Q 13F: Largest Eliminations
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Purchases
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Sales
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Eliminations -2-
07/29/201309:17:34U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
07/25/201307:07:12Diamond Offshore 2nd-Quarter Net Down 8% Absent Gain; Revenue...
02/05/201318:43:03U.S. HOT STOCKS: Zynga, Take-Two, Shutterfly Active in Late Trading
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02/05/201307:14:11Diamond Offshore 4th-Quarter Net Falls 17% Amid Lower Day Rates
10/18/201206:56:25Diamond Offshore 3rd-Quarter Net Falls 31% on Lower Day Rates
09/18/201219:13:14Seven Oil-Related Stocks See Unusual Late-Day Price Spikes
08/14/201220:06:11Sembcorp Marine: Unit Gets US$135 Million Rig Order From Diamond...
07/19/201207:26:16Diamond Offshore 2nd-Quarter Profit Drops 24% Amid Lower Revenue
06/28/201213:27:06Moody's Upgrades Diamond Offshore on Lower Debt Levels Amid Fleet...
04/19/201206:51:21Diamond Offshore 1Q Profit Falls 26% On Lower Revenue, Higher...

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