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.