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Drilling & production - 21 March 2017

Keppel signs Heads of Agreement with Borr Drilling for Transocean rigs

Keppel FELS Limited has entered into an agreement with Borr Drilling Limited of Bermuda, with the approval of Transocean, whereby the construction contracts for the five jackup rigs currently being built by Keppel FELS for Transocean will be novated to Borr Drilling.

 
 

Sacgasco acquires 5 more gas wells

Sacgasco Ltd has significantly strengthened its asset base in the Sacramento Basin, California, through the acquisition of five additional operated natural gas wells from various private Californian entities.