Seadrill orders two jackups for 2015 delivery

Posted on 01 February 2013

Seadrill has entered into an agreement for the construction of two high-specification jackup drilling rigs with Dalian Shipbuilding Industry Offshore Inc in China. The units are scheduled for delivery during Q1 and Q2 2015, and the estimated total project price is approximately US $230 million, including project management, capitalized interest, drilling and handling tools, spares and operation preparations, per rig.

The two new units will be based on the F&G JU2000E design, with water depth capacity of 400 ft and drilling depth of 30,000 ft. Seadrill has received fixed price option agreements to construct an additional two units at Dalian, with delivery in Q3 and Q4 2015. The new jackups are of the same design as the four jackups currently under construction by Seadrill at Dalian and Jurong, Singapore.

“The premium jackup market continues to demonstrate strength, as evidenced by increasing dayrates and utilizations. Currently 312 jackups, or 65% of the total fleet of 483 jackups, are older than 25 years. These two new firm orders increases our fleet of modern jackups to 25 rigs with an average age of three years,” John Fredriksen, chairman and president of Seadrill, said.

 

 

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 26 November 2014

    US EIA: Increase in energy demand requires 33 million bbl/day more oil

    The world is going to need one-third more oil between 2010 and 2040, with developing countries, such as China and India, accounting for a major portion in the increase in...

  • 25 November 2014

    Prescriptive Analytics prescribes how to complete wells to maximize production

    "Big data" is taking on a new role in industry, where companies are combining the findings from geology and geophysics with new data collected from advanced technologies...

  • 25 November 2014

    Petrobras completes drilling first appraisal well in Libra Consortium

    Petrobras recently completed drilling the first appraisal well in the Libra area, the 3-BRSA-1255 (3-RJS-731), known as NW1. Located in the Northwest portion of the Libra block, in the pre-salt layer of the...

  • 24 November 2014

    Ensign secures contracts for 2 ADR 1500S pad drill rigs in Montney area

    Ensign Energy Services has signed contracts for two of its new ADR 1500S pad drill rigs for a major operator in the Montney area of northeast British Columbia...

  • 21 November 2014

    Statoil cancels Stena Carron rig contract offshore Angola

    Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola...

  • Read more news