Thursday, March 27, 2008

Jurong Shipyard on track to deliver second high-performance jack-up drilling rig

Jurong Shipyard, a wholly owned subsidiary of Sembcorp Marine, is on track to deliver 'PetroJack II', its second high-performance deep-drilling offshore jack-up rig to PetroJack.

PetroJack II is a subsidiary of leading Norwegian energy group Larsen Oil and Gas, following the rig's naming ceremony on March 8, 2008. Scheduled for delivery in 1Q 2008, 'PetroJack II' is the second unit of four deep-drilling jack-up rigs originally contracted to Jurong Shipyard by PetroJack, which subsequently sold the first and the third unit to an international Danish drilling contractor. The fourth unit, to be named 'PetroJack IV', is scheduled for completion in 4Q 2008. 'PetroJack II' is built based on the Group's proprietary Baker Marine Pacific Class 375 (BMC Pacific 375) design, a proven and tested design that has won the confidence of the oil and gas industry with its quality performance and advanced drilling capabilities. This highly sophisticated jack-up rig will be capable of drilling high pressure and high temperature wells at 30,000 feet whilst operating in 375 feet of water. Designed with accommodation for 120 men, the rig has the capacity for large variable loads, a large liquid mud and bulk mud capacity, extensive deck space and a large jacking capacity for preload jacking.
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