CATEGORIZED | News

Seadrill to expand fleet with two semisubmersible ultra-deepwater rigs

Posted on 03 January 2011

Seadrill will acquire two ultra-deepwater semisubmersible drilling rigs, Seadragon I and Seadragon II, currently under construction at the Jurong Shipyard in Singapore. The total project price for the two rigs is estimated to be about $1.2 billion (including project management for the remaining construction period, drilling and handling tools, spares, operations preparations and capitalized interest). Deliveries of the two rigs are expected in the first quarter and fourth quarter 2011, respectively.

The first rig to be completed, Seadragon I, has a five-year contract in place. The second unit, Seadragon II, has currently no employment in place.

The high-specification, new generation rigs are based on the Moss Maritime CS50 Mk II design, which provides broad-spectrum operational capabilities, larger operating area and high load carrying capacity. The dynamically-positioned (DP-3 Class certification) rigs have a water depth capability up to 10,000 ft and total vertical drilling depth capacity up to 35,000 ft. The rigs each have a single derrick with dual pipe handling and offline stand building capabilities for increased efficiency. The subsea well control system includes a six-ram 15-k psi BOP stack with two 10-k psi annulars. Each rig’s variable deck-load specification is 6,200 metric tons and can accommodate 192 people.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 23 July 2014

    Halliburton promotes Jeff Miller to President

    Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...

  • 23 July 2014

    Statoil resumes production on Njord A platform

    Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...

  • 22 July 2014

    Petrobras’ domestic oil production tops 2 million bbl/day in June

    Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated...

  • 22 July 2014

    Precision, Schlumberger partner to boost industrialization of North American unconventional drilling

    Precision Drilling has entered into a strategic technology and service agreement and marketing alliance with Schlumberger. Utilizing Precision’s Tier 1 drilling rigs and...

  • 22 July 2014

    Easternwell to manage delivery of onshore servicing rig for Brunei

    Australia’s Easternwell, a subsidiary of Transfield Services, has expanded internationally through an agreement with Flux O.S. SDN BHD (Flux), a Bruneian oil and gas company...

  • Read more news