Keppel faces Rowan rig order cancellation

Lloyd's List, 30 Jan 2009, Marcus Hand

KEPPEL Offshore and Marine is facing possible cancellation of a $195m jack-up rig order from Rowan Companies at its US yard.

In a filing with US Securities and Exchange Commission said that might cancel the one of four jack-up rigs it ordered for $780m from Keppel’s AmFELs yard in mid-2007.

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