Ensco, through its subsidiary, has finalised a shipyard construction contract with Keppel FELS in Singapore for the construction of two new ultra-premium harsh environment jack-up rigs.
The cost of construction, including commissioning, system integrated-testing and project management, is estimated at $230m per rig.
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The two rigs are scheduled for delivery in the second and fourth quarters of 2013.
Ensco said the shipyard construction contract also includes options for two additional jack-ups of the same design at similar terms. These options are expected to be exercised in August 2011.
The rigs offer increased drilling efficiencies for large multi-well platform programmes, ultra-deep gas programmes or ultra-long reach wells up to 40,000ft in total drilling depth in oil and gas regions throughout the world.
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