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 March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Feds Delay LNG’s Port Ambrose Application

The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.

Nations Convene for Arctic Maritime Discussion

Citing an increasing need to ensure safety, security and stewardship of Arctic waters, member countries of the Arctic Council gathered at U.S. Coast Guard Headquarters

Dredging

Sen. Paul Proposes New Harbor Dredging Criteria

Sen. Rand Paul (R-KY) reintroduced the Harbor Equity Act on Monday, his office announced. This legislation modifies the existing criteria used by the U.S. Army

Fugro Clarifies: Being an Independent Service Provider

Fugro has taken notice of the press release from Boskalis of Friday evening, 20 March 2015, that it has increased its holding in Fugro N.V. to 25.1%. The further stake building by Boskalis,

Sri Lanka Okays Construction on Stalled Chinese Port Project

Sri Lankan government has approved the construction of a breakwater for a Chinese funded Colombo port city project which had been suspended by the government earlier this month.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Simulators 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: 0.1712 sec (6 req/sec)