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Our strategy

We are focused on the organic expansion of our fleet within the next 5 years. We intend to begin operations in international markets such as the Middle East, Asia-Pacific, Mexico and West Africa. Our management team is also actively exploring various possibilities such as Strategic Alliances and Joint Ventures as well as M&A.

Company History

August 2013	Establishment of the company
February 2014	Construction agreement signing and Order Placement Fecon International Corp placed an order for three B Class (2013) jack-up rigs at Keppel FELS shipyard in Singapore, the largest manufacturer of offshore rigs in the world.
July-December, 2014	Strike Steel Ceremony The strike steel ceremony for rigs B371 and B372 was held in July 2014 and that of rig B373 was held in December 2014.
March 2015	Keel Laying Ceremony The keel laying ceremony for rigs B371 and B372 was held in March 2015 and that of the rig B373 was held in April 2015.
July 2017	Technical Acceptance for Fecon 1 Fecon 1 (prior rig B371) successfully passed the technical acceptance on 21st of July 2017.