Beacon Holdings Group say they have ordered a harsh environment semi-submersible GM4-D rig from Yantai CIMC Raffles in Singapore, with an option to build a second rig from the shipyard.
The rig they have ordered has been given the name Beacon Atlantic, and planned delivery is the fourth quarter of 2016. Beacon Atlantic will be built using the GM4-D-design in co-operation with the shipyard and the designer Global Maritime. It will be built to operate in water depths of up to 500 meters and on drilling wells down to 8000 meters and will be equipped with NOV-drilling package, DP3 and an 8-point mooring system.
Beacon explain that the unit is designed to be able to operate in harsh weather conditions in the North Sea, Arctic environments and in the Barents Sea, built according to NMA, NORSOK and PSA-standards and will be classed by DNV.
Beacon Atlantic is the second semi-submersible rig with GM4-design contracted to CIMC Raffles. The first one is North Dragon, currently under construction.