Grupo R’s newbuild jack-up rig reaches Mexico

Mexico’s energy services provider Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020. 

The Cantarell III jack-up rig was built by offshore rig builder Keppel in Singapore. Keppel completed and delivered the rig to the Mexican operator last December.

As part of the deal, Grupo R also entered into a sale and leaseback arrangement for the rig with a wholly-owned subsidiary of Keppel O&M.

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