Caspian Sea drill ship ordered

The vessel measures 100m in length and 40m in width, and has a maximum 6,000m drilling depth capacity. The vessel will be used for an oil exploration project in the large Zhambyl oil field in Kazakhstan. The South Korean consortium previously won a stake in the project.

Given the vessel’s operation area, the Caspian Sea, DSME plans to complete construction using its Mangalia shipyard in Romania, as well as local shipyards in the Caspian Sea region. If oil is found in the Zhambyl oil field, oil production is likely to begin in 2018 and DSME expects that more orders for production facilities and plants needed for oil development would follow.

With this drill ship order, DSME has so far this year secured orders for fifteen vessels and two offshore for a total value of $1.59 billion.