China Shipyard Wins Tender Rig Contract

Press Release
Thursday, February 21, 2013

COSCO (Guangdong) Shipyard Co. contracted by Energy Drilling Pte Ltd to construct a semi submersible tender assist rig.

The contract is valued at over US$ 200-million, with an option for a second tender.

The turn-key contract includes the supply of the DES (Derrick Equipment Set) and the delivery is set for June 2015.

The rig is a GustoMSC Ocean400 TD design equipped to work alongside specialized deepwater trussed spars, tension leg platforms, and compliant towers outside of benign environments and is very well suited to production drilling in shallow water due to its ability to drill and mobilize quickly in adverse weather conditions.

When completed, the Rig will be one of the biggest and most modern semi-submersible tender assist drilling rigs in the market with the largest variable deck load (VDL) of 4,000 MT and the highest air-gap of 10m. The DES is designed to drill on platforms of over 120ft and is equipped with a quad-mast rated for 1,000,000 lbs hook-load.

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