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Grupo R Unlikely To Accept Delivery

/Grupo R Unlikely To Accept Delivery

Grupo R Unlikely To Accept Delivery

KeppelFELS chances of getting Grupo R to accept delivery of the three jackups they have under construction by the end of 2017 as planned do not look too rosy. All three rigs, Cantarell III, Cantarell IV and Cantarell V, were to be originally delivered in 2016. Grupo R has revealed that they cannot obtain financing until they have an acceptable signed contract for each unit. Grupo R are already paying KFELS an additional 4% of the balance due on each rig which is being paid quarterly and it is likely they will extend this deal beyond end 2017.

2017-08-18T20:39:28+00:00 August 25th, 2017|