Grants Licenses To Build Seven F&G Designs

Thursday, August 25, 2005
Friede & Goldman, Ltd. announced that it has completed licensing contracts for the construction of four JU-2000E jackup rigs and for three ExD semi-submersible designs. These seven licensing agreements combined with their contract engineering projects bring F&G’s total contracts value to an all time high and enhances F&G’s reputation as the leader of independent conceptual design of mobile offshore drilling units. The licensing agreements to build four F&G designed JU-2000E jackup drilling rigs include option agreements for four additional JU-2000E’s. In addition, F&G signed contracts to provide their patented “Rack Chock” leg fixation system for each of the newbuild jackups. The JU2000E jackup is a high specification Friede & Goldman designed jackup rig with a 75 foot cantilever reach, rated water depth of 400 feet, and rated drilling depth of 30,000 feet. The F&G JU-2000E is also a harsh environment designed rig capable of operating in the North Sea. Each of the newbuild jackups are scheduled for delivery in 2007 and will bring a total of seven JU-2000E’s in operation around the world. The three licenses issued to build three F&G ExD semisubmersibles combined with the two ExDs’ delivered in 2004 confirm F&G’s place as the leading designer in semisubmersibles rated for water depths up to 10,000 feet. The ExD is a 6th generation ultra-deepwater Friede & Goldman designed semisubmersible drilling rig capable of operating in a challenging deepwater arena, in particular in the Gulf of Mexico, offshore Brazil, and West Africa. The F&G designed semisubmersible can operate in dynamic positioning mode in water depths up to 10,000 feet and is also engineered for stability and versatility with operational displacement of 43,400 metric tons at 17 meters draft and 46,750 metric tons at 20 meters draft. The rig will also have 18,000 square feet of usable deck space and more than 8,000 metric tons of variable deck load. Mr. Paul Geiger Jr., President & CEO, commented, “Friede & Goldman offshore drilling designs have been the industry standard for over 40 years. We are very proud of the experience and expertise we incorporate into each design.”
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Chevron To Find Buyers for Hawaiian Refinery

Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

Rotterdam Integrates Safety Research with LNG Training Facility

The Dutch company Falck Risc is becoming the number one expert on LNG safety in Europe. Together with the Unified Fire Department, Falck Risc will draw up guidelines

Offshore

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

University of California Not to Divest from Fossil Fuels

The University of California voted on Friday to maintain its investments in fossil fuels, frustrating a student-led effort to divest its portfolio in oil, natural gas and coal.

Lilaas Engages Imtra for N. American Distribution

Strong prospects in the North American marine equipment market have triggered a new importation and distribution agreement between control specialist Lilaas

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2029 sec (5 req/sec)