Home / News / ENSCO orders new ultra-deepwater semi from Keppel FELS

ENSCO International has finalized the construction contract with Singapore’s Keppel FELS Shipyard for an ultra-deepwater semisubmersible rig to be named ENSCO 8505. The total project cost currently is estimated at $537 million. Delivery is expected in the first half of 2012.

ENSCO 8505 is the company’s sixth ultra-deepwater semisubmersible rig in the ENSCO 8500 Series and will be part of the company’s seven-rig deepwater fleet that includes the ENSCO 7500 which has been in service since 2000. Four of the ENSCO 8500 Seriesrigs are contracted to customers for term work commencing upon delivery.

ENSCO orders new ultra-deepwater semi from Keppel FELS

The ENSCO 8500 Series deepwater semisubmersibles are enhanced versions of ENSCO 7500 and are based on an ENSCO proprietary design. Enhancements include a two-million-lb quad derrick, offline pipe handling capability, increased drilling capacity, improved automatic station keeping ability and larger living quarters. The 8500 Series rigs will be capable of drilling in up to 8,500 ft of water.

Daniel W Rabun, ENSCO chairman, president and CEO, said, “We expect demand for ultra-deepwater equipment will continue to grow, and that expansion of our 8500 Series deepwater fleet offers an attractive opportunity to participate in this important market.”

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