A compact fifth-generation rig design, the DSS 38 has an enhanced deck load capacity and a user-friendly layout.
Scorpion Offshore has signed a contract with Keppel FELS to construct a deepwater semisubmersible at Keppel’s shipyard in Singapore. Construction is expected to span 42 months, with delivery in Q4 2011 at an anticipated cost of approximately $700 million, including owner furnished equipment, commissioning, project management and financing costs.
This rig will be based on Keppel’s proprietary DSS 38 design, a dynamically positioned, four-column semisubmersible capable of drilling wells to 8,500 m in water depths up to 2,400 m. The rig was ordered pursuant to a letter of commitment (LOC) from Petrobras for operations beginning prior to June 2012. The LOC has a duration of six years with potential revenue of approximately US $1.1 billion plus operating cost inflation adjustments throughout the contract term.Read More »