Japan Drilling Company’s new rig, the Hakuryu-10, is nearing completion at Singapore’s PPL Shipyard. It is JDC’s first newbuild rig in more than 20 years and the first rig JDC has built outside Japan. The Baker Pacific Class 375 design cantilever jackup will be capable of operating in water depths up to 375 ft (extendable to 400 ft) and of drilling up to 30,000 ft. The Hakuryu-10 was ordered in May 2005 and is expected to be delivered by mid-2008.
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