Jurong secures Seadragon semisub

Jurong Shipyard in Singapore, a wholly-owned subsidiary of Sembcorp Marine, has secured a rig order from Gander Drilling Limited, a wholly-owned subsidiary of SeaDragon Offshore Limited, to complete and deliver a Moss Maritime DP-3 semi-submersible drilling unit with an option for an additional unit.

The six-column bare-deck hull, built in a Russian shipyard, is expected to arrive at Jurong Shipyard no later than April 2009. On arrival, Jurong will proceed with the construction, outfitting, furnishing, equipping, testing and completion of the baredeck hull. Scheduled for delivery by end 2010, the ultra-deepwater harsh-environment semi-submersible rig has already secured a five-year charter contract with Pemex, Mexico?s national oil company. The shipyard?s contract value for the first unit is $247.3 million.

This new rig will be built for a water depth rating of 10,000 feet and maximum drilling depth of 30,000 feet. The rig?s ability to operate even in harsh environment gives it the multi-region flexibility to operate worldwide.

This Moss Maritime Ultra-Deepwater design provides Jurong with another industry solution to the oil companies when it comes to rig selection besides the Friede & Goldman EXD Design that the shipyard has successfully delivered so far.