Middle East Economic Survey

VOL. XLVIII

No 1

3-January-2005

QATAR

GDI Orders $110Mn Jack-Up Rig From Keppel FELS

Qatars Gulf Drilling International (GDI) on 8 December awarded an engineering, procurement and construction (EPC) contract worth $110mn to Keppel FELS for a KFELS B Class jack-up rig that will be delivered in late 2006. The new offshore drilling rig, GULF-4, will be built at the Keppel FELS Singapore shipyard and be capable of operating in 100ms of water with a drilling depth capacity...