Jurong yard inks another Seadrill semisub

Jurong Shipyard in Singapore, a wholly-owned subsidiary of Sembcorp Marine, has secured a Letter of Intent (LOI) from Seadrill Limited to build a deepwater semi-submersible drilling rig at a turnkey contract value of $640 million. This is a repeat order and the fourth identical newbuild deepwater semi-submersible drilling rig that the owner has placed with Jurong Shipyard.

Scheduled for delivery in December 2011, the 6th generation ultra-deepwater semi-submersible drilling rig will be built based on the Friede & Goldman Ex-D design. It will have specifications identical to the three deepwater semisubmersible drilling rigs ordered by Seadrill from Jurong Shipyard.

The first unit of the semi-submersible rig, the ?West Sirius? was delivered to Seadrill on

schedule in the first quarter of 2008.