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Singapore's Keppel Corp wins $405 mln Scorpion contract

Mon Jul 7, 2008 6:10am EDT

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SINGAPORE, July 7 (Reuters) - Singapore rig-builder Keppel Corp (KPLM.SI) said on Monday that its unit Keppel FELS has won a contract from Norway's Scorpion Offshore (SCORE.OL) to build a deepwater semisubmersiblerig worth $405 million.

Upon its completion in the fourth quarter of 2011, the rig will be chartered by Scorpion to Brazilian national oil company Petrobras for a period of six years, Keppel said in a statement. (Reporting by Daryl Loo; Editing by Ovais Subhani)



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