PPL Wins $117 Million Rig Contract
PPL Shipyard, a subsidiary of SembCorp Marine has won a $117.6 million contract from Mosbarron Ltd, a subsidiary of Awilco AS of Norway for the construction of a Baker Pacific Class 375 Jack Up Rig. The contract includes an option for another three units of jack-up with price adjustment for increase in drilling package. The design of the jack-up rig is a proprietary design of Baker Marine Pte Ltd, a wholly owned subsidiary of PPL Shipyard. It is designed to operate in 375 feet in water depth and in-ground drilling depth of 30…
PPL Shipyard Wins $134M Rig Contract
subsidiary of PPL Shipyard. without the use of a Rack Chock System. operating in 375 feet of water. It has accommodation for 120 men. 2005 with delivery scheduled in January 2007. standing reputation in constructing offshore rigs, especially jack-up.. jack-up rigs, in Indonesia, Southeast Asia, as well as in the Middle East. a new jack-up. design to be built by PPL Shipyard as our final choice. & gas industry.
Sembcorp Wins $121M Rig Deal
Pacific Class 375 Deep Drilling Offshore Jack Up Rig. Offshore ASA in May 2004 and which the later has now decided to exercise. contract takes effect in June 2005. with delivery scheduled in the second quarter of 2007. a wholly owned subsidiary of PPL Shipyard. water. It has accommodation for 120 men. Mr T. up rig with us. will be built is proving to be spot on. short span of one year since the launch of this design in early 2004. performance requirements. added Mr Ong. Mr C. construction of our first jack up unit to be delivered in the second quarter of 2006. our abilities to provide first class drilling equipment to our international clients. track record in the building and servicing of jack-up and semi-submersible rigs.
