PPL Shipyard Delivers jack-up rig, two months earlier than planned
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Sembcorp Marine is pleased to announce that its subsidiary PPL Shipyard Pte Ltd (PPL) has successfully delivered Aquamarine Driller, the 3rd ultra-premium high-specification jack-up rig ordered by Vantage Drilling Company, two months ahead of schedule with payment fully received.
The jack-up rig is built based on PPL’s proprietary Pacific Class 375 design. This successful and proven design has been well received by the offshore oil and gas industry, with a total of 27 jack-up rigs ordered to-date. 18 units have been delivered and are now operating successfully round the world. The Pacific Class 375 jack-up rig is an independent leg, cantilever jack-up with a drilling depth of 30,000 feet and is capable of operating in water depth up to 375 feet.
The early delivery has enabled Vantage Drilling to clinch an early charter contract in West Africa.
Vantage Drilling, a company listed on the American Stock Exchange, contracted PPL to deliver 4 drilling rigs. Prior to Aquamarine Driller, PPL had earlier delivered 2 rigs which are currently working successfully in Thailand and West Africa. PPL Shipyard is expected to deliver the fourth rig to Vantage Drilling in the fourth quarter of 2009.
PPL Shipyard is an integrated rig design and rig building yard with proven track record in the building and servicing of jack-up and semi-submersible rigs. To-date, the shipyard has built 40 jack-ups and 4 semi-submersible rigs.
Source: Sembcorp
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Sembcorp Marine wishes to announce that its wholly-owned subsidiary, Jurong Shipyard Pte Ltd, has terminated its contract with Petroprod D&P I Ltd for the construction of a jack-up rig as milestone payments due under the contract have not been received. The jack-up rig is a harsh environment drilling rig that is
Sembcorp Marine wishes to announce that its wholly-owned subsidiary, Jurong Shipyard Pte Ltd, has terminated its contract with Petroprod D&P I Ltd for the construction of a jack-up rig as milestone payments due under the contract have not been received. The jack-up rig is a harsh environment drilling rig that
Sembcorp Marine wishes to announce that its wholly-owned subsidiary, Jurong Shipyard Pte Ltd, has terminated its contract with Petroprod D&P I Ltd for the construction of a jack-up rig as milestone payments due under the contract have not been received. The jack-up rig is a harsh environment drilling rig that
Sembcorp Marine wishes to announce that its wholly-owned subsidiary, Jurong Shipyard Pte Ltd, has terminated its contract with Petroprod D&P I Ltd for the construction of a jack-up rig as milestone payments due under the contract have not been received. The jack-up rig is a harsh environment drilling rig that
Sembcorp Marine wishes to announce that its wholly-owned subsidiary, Jurong Shipyard Pte Ltd, has terminated its contract with Petroprod D&P I Ltd for the construction of a jack-up rig as milestone payments due under the contract have not been received. The jack-up rig is a harsh environment drilling rig that
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