Gibdock Takes the Plunge Offshore

(Press Release)
Friday, December 16, 2011
Gibdock’s strategy to carve a niche in the growing regional market for jack-up and semi-submersible drilling rig repairs, maintenance and modification work, is closer to fruition. Following the arrival in October of the 22,604gt Etesco Millennium, a modified semi-submersible built in 1976 by Marathon Le Tourneau and upgraded in 2006,  steel repair work has been carried out afloat and tasks in the pipeline include tank cleaning and repair, and work to enable safe mooring.
A survey of the rig structure is being carried out to ascertain its condition. The rig has been working offshore continually for over five years and Richard Beards, Gibdock commercial director, says: “We are optimistic that the owner will authorise further work to the rig once this survey process is completed and details of the rig’s future deployment are confirmed.”
The contract is an important landmark for Gibdock, which has not handled a drilling rig since 1998.  “We believe that the successful completion of this project will lead to more work of this type,” says Beards. “It is part of our future strategy to get into the semisubmersible and jack-up rig sector and having the Etesco Millennium in Gibdock can only help us to achieve this target.”
In another important initiative to support its rig market strategy, Gibdock has commissioned an extensive survey of the seabed alongside its wharves. Joe Corvelli, Gibdock chief executive, says: “We investigated the harbour bottom in the area of the main wharf to be able to understand the suitability of the ground for landing a jack-up rig. 
“The conclusion was that the area is perfectly suitable for receiving jackup spud cans and was soft enough that they would not be damaged, but hard enough that the weight would be supported and the structure safely moored.”

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