Atwood orders third ultra-deepwater newbuild drillship from DSME

Offshore staff

HOUSTON – Atwood Oceanics Inc. (NYSE:ATW) has executed an option with Daewoo Shipbuilding and Marine Engineering Co. Ltd. for construction of a third ultra-deepwater drillship.

The Atwood Admiral is expected for delivery by March 31, 2015. It is the same design as the previously ordered Atwood Advantage and Atwood Achiever. All are DP-3, dual derrick vessels rated to water depths to 12,000 ft. (3,658 m) and drill to 40,000 ft. (12,192 m).

Each will offer two seven-ram BOPS, three 100-ton knuckle boom cranes, one 165-ton active heave “tree running” knuckle boom crane, and accommodations for 200.

Atwood also has secured an option for construction of a fourth similar drillship for delivery in December 2015. The option must be exercised by June 30, 2013.



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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...