GlobalSantaFe Takes Delivery of New Jackup Rig

Tuesday, June 24, 2003
GlobalSantaFe Corporation has taken delivery of its new, high- performance jackup rig, Constellation I. Equipped with a dual activity pipe handling system and state-of-the-art drilling capabilities, the rig is designed to reduce critical path time to drill wells. Constructed in the PPL Shipyard in Singapore, the Constellation I is capable of drilling to 30,000 feet in water depths of up to 400 feet. A 75-foot reach cantilever with a combined drilling load capacity of 2.6 million pounds, enables the rig to operate over a large drilling pattern. The Constellation II, an identical rig, is scheduled to be delivered in the first quarter of 2004. "With the construction of the Constellation I, our goal is to provide our clients with a new generation of jackup rigs capable of meeting their future drilling needs. The Constellation I is designed to increase drilling efficiency and to perform beyond traditional exploration and development drilling requirements," said Jon A. Marshall, President and Chief Executive Officer of GlobalSantaFe. The Constellation I is contracted for a three-well program offshore Myanmar that is expected to commence in late July. The contract, estimated to take four months to complete, is valued at approximately $8.8 million.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

AOD Orders 2 Jack-up Rigs at CSSC Huangpu Wenchong

CSSC Huangpu Wenchong Shipbuilding Company has won an order to build a pair of jack-up drilling rigs for Alliance Offshore Drilling (AOD), subsidiary of Hong Kong-listed TSC Group.

FUGRO, Cross Group Awarded Multi Well GoM Contract

Fugro’s dynamically positioned multi-purpose drilling, well intervention and geotechnical vessel, Fugro Synergy, will showcase her capabilities on a multi well

Otto Marine Secures $131 mln in New Contracts

Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services,

Dredging

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Port of LA to Start Yusen Terminal Improvements

Project will enhance wharf, rail and yard infrastructure to optimize terminal operations   The Port of Los Angeles will begin construction this summer on a two-year

More than Mega: Diversity Defines the Dredging Industry

The mantra of recent times has been the worldwide trend to ‘mega’. Mega container ships created the need for mega ports which required mega dredging projects. These

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.1067 sec (9 req/sec)