CATEGORIZED | News

Pride dedicates Deep Ocean Clarion drillship

Posted on 31 August 2010

Pride International's Deep Ocean Clarion.

Pride International's Deep Ocean Clarion.

Pride International, Inc. on 25 Aug dedicated the second of its four new deepwater drillships, the Deep Ocean Clarion at Samsung Heavy Industries in South Korea. The company expects to take delivery of the rig in September 2010. The rig will mobilize to the US Gulf of Mexico on a five-year contract with BP slated to being in the first quarter of 2011.

In the shipyard ceremony, Louis A Raspino, Pride International President and Chief Executive Officer, said, “The addition of the Deep Ocean Clarion to our fleet further strengthens Pride’s presence in the deepwater. These drillships represent the best, most technologically advanced generation of rigs. The Deep Ocean Clarion, built by Samsung with an outstanding safety record, will be strategic to our client’s worldwide drilling needs.”

All of Pride’s new drillships have a significant complement of high specification equipment. The Clarion, fully capable of dual-drilling activity, can drill in water depths of to 12,000 ft. It is equipped with a 165-ton advanced heave compensated crane, advanced dynamic positioning systems, a 6,000-bbl active fluid storage and handling system, and significant storage and deck space.

The Clarion and its three sister ships in the new-build construction program are key to Pride’s commitment to expand its presence in the deepwater sector, the company said. Pride’s revenues from its floating rigs are expected to grow to more than 90% when these units are delivered and operating.

The next drillship to be delivered in the four-rig construction program is the Deep Ocean Mendocino, with an expected first quarter 2011 delivery, followed by the Deep Ocean Molokai in the fourth quarter of 2011.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 15 September 2014

    US Treasury announces expanded sanctions with Russian companies

    US Treasury Secretary Jacob J. Lew has announced that persons operating within Russia’s defense and related materiel sector may now be subject to targeted sanctions…

  • 11 September 2014

    Cameron elects Scott Rowe as President and COO

    Scott Rowe will assume the newly created position of President and COO of Cameron, effective 1 October 2014. In his new role, he will report directly to Jack Moore, Chairman and CEO of the company...

  • 11 September 2014

    Statoil, GE and Ferus Natural Gas Fuels expand flare gas solution in Bakken

    A joint venture of GE and Ferus Natural Gas Fuels (Ferus NGF), along with Statoil plan to expand a pilot project to capture flare gas and use it to power up to six...

  • 10 September 2014

    6 elements of successful collaboration among NOCs, IOCs, service companies

    The oil and gas landscape is shifting, with the continuing growth of NOCs and the industry going toward unconventional resources and new frontiers…

  • 09 September 2014

    PTTEP: NOCs, IOCs and service companies must combine strengths to overcome challenges

    As assets become more mature and operations become more complex, industry is challenged with finding economical and environmentally friendly operating strategies...

  • Read more news