PPL Shipyard, Singapore, has secured a contract from repeat customer, Egyptian Drilling Company to build a jack-up rig at a contract value of US$220 million.
Scheduled for delivery in mid-2010, this latest jack-up rig order is the second consecutive newbuild jack-up rig that EDC has placed with PPL Shipyard. It will be built based on the same PPL Shipyard’s proprietary Baker Marine Pacific Class 375 (BMC Pacific 375) Deep Drilling design and proprietary components. The rig will be equipped to drill high pressure and high temperature wells at 9,140 metres whilst operating in 115 metres of water. It will have accommodation with full catering and amenities for 120 persons. The first rig, currently under construction in PPL Shipyard is scheduled to be delivered to owner in December 2009.
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