Keppel Shipyard To Build Semi-Tender For Smedvig

Wednesday, June 28, 2000
Keppel Shipyard entered into a co-operation agreement with Smedvig Asia recently to build a Semi-Submersible Self-Erecting Tender Rig (SSETR), a contract with a total estimated worth of $82.5 million, $59.5 million of which is Keppel’s share. For its part, Keppel Shipyard will build and own the semi-submersible hull, while Smedvig owns the derrick equipment set. Smedvig will be responsible for marketing, managing and operating the rig for a 10-year period. It can also purchase the semi-submersible hull within this time frame. The SSETR is similar in design and specifications to Smedvig's, West Menang, but upgraded for increased deckload and mooring for deeper water. "We are building this semi-tender in anticipation of the increase in offshore activities and to capitalize on the present lower cost of construction, said Nelson Yeo, Executive Director of Keppel Hitachi Zosen.
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ECO Orders Rolls-Royce Equipment for New AHTS

Rolls-Royce has been awarded a contract worth $30.6m with the American owner Edison Chouest Offshore (ECO). The contract for ship equipment comprises Azimuth main propulsion,

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

Kvichak, Vigor Announce Merger

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak

 
 
Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.1238 sec (8 req/sec)