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

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest

SGS Wet Welding Repairs Approved by DNV GL

DNV GL and Subsea Global Solutions LLC (SGS) say that they have completed an extensive joint research and development program, that will allow permanent repairs

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

Offshore

Joe Barton: Lift Oil Export Ban

A senior U.S. Congressman from Texas has come out in full support of the United States lifting the 40-year old ban on crude oil exports, putting him at odds with

Drydocks World to Participate in SMM 2014

Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding,

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Sonar
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: 0.6685 sec (1 req/sec)