Indian contractor Jindal Drilling & Industries is primed to start a new contract for Oil & Natural Gas Corporation in the Bombay offshore area after taking delivery of the Discovery I jack-up drilling rig from Singaporean rig builder Keppel.
Keppel earned a S$1 million (US$700,000) bonus as the new build jack-up was delivered 49 days ahead of schedule to Discovery Drilling, a joint venture led by Jindal Drilling & Industries (JDIL). Discovery I, is the first of two jack-up rigs being built by Keppel for Jindal, with Virtue I set for delivery in November before starting work with ONGC. The Indian drilling contractor plans to add at least one or more jack-up drilling rigs per year, either owned or leased to its operated fleet, which currently stands at two units. Jindal is also positioning itself for the deep-water market, having forged an alliance with a foreign company earlier this year, which resulted in a three year deal with ONGC. The latest jack-up rig is capable of operating in water depths of 350 feet and drilling down to 30,000 feet. Over the last five years, Indian offshore and marine companies have ordered a total of nine jack-up drilling rigs amounting to about US$1.5 billion from Keppel. All nine rigs are of the KFELS B class category. The design has been developed to meet the requirements of drillers for more powerful jack-ups as the search for hydrocarbons moves into harsher environments and deeper waters.
Read More
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment