Sponsored By

CIMC Raffles wins deal to build drilling rig and drillship

Yantai CIMC Raffles Offshore has won orders to build one ice-class semi-submersible drilling rig and one multi-purpose drillship.

Lee Hong Liang, Asia Correspondent

January 16, 2014

1 Min Read
Kalyakan - stock.adobe.com

The harsh environment ice-class semi-submersible drilling rig, to be built for Beacon Holdings Group, will be delivered in the fourth quarter of 2016. The contract comes with an option to build a similar unit.

The drilling rig, named Beacon Atlantic, will be able to operate at water depth up to 500 metres and drill wells down to 8,000 metres, according to CIMC Raffles.

The multi-purpose drillship to be built for Norshore Holdings is scheduled to be delivered in the second half of 2016. The deal also comes with options to construct up to another three similar drillships.

The drillship is a small-sized, multipurpose drillship designed for riserless drilling and well intervention operations globally, including the North Sea.

On Monday, CIMC Raffles bagged an order from Central Shipping Monaco (CSM) to build two jack-up drilling rigs, slated to be delivered at the end of 2015.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like