Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


Keppel offloads jack-up to Grupo R with $179m sale-and-leaseback deal

Keppel O&M’s wholly owned subsidiary FELS Asset Co will purchase the Cantarell IV jack-up rig from Grupo R before leasing it back to the latter on a bareboat charter at competitive day rates over five years. No charter rate figures or other financial details were disclosed, however

Grupo R also has the right to purchase the rig during the five-year charter period, although the pre-agreed sale price was not disclosed

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts