Jurong wins SeaDrill semisub

Singapore-based shipbuilder Jurong Shipyard has won a contract to build an ultra-deepwater semi-submersible rig for the international offshore drilling contractor, SeaDrill. The deal is worth $535.5 million. The semi-submersible rig is scheduled for delivery by April 2010 and is the third semi-submersible rig to be built by Jurong Shipyard for SeaDrill.