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.