Safin contracts newbuild jackup from PPL

Offshore staff

SINGAPORE – Sembcorp Marine subsidiary PPL Shipyard has a $213-million contract to build a Pacific Class 400 jackup which will operate in the Middle East.

This is a proprietary design of PPL, capable of operating in water depths of 400 ft (122 m) and drilling to depths of 35,000 ft (10,668 m). Facilities include single- and double-room accommodation for 150 personnel with full hostelry services.

The rig should be delivered to Safin Gulf in November.

Raimonds Namikis, EVP of Safin Gulf, said his company was “undergoing dynamic development with strategic focus in exploring and investing in new markets and opportunities. We see the development of the offshore business as one of such business opportunities…we are confident that Safin Gulf would be able to expand its offshore fleet and presence in the Middle East.”

2/29/2012

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...