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Sete Brasil shipyard wins drillship order

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SINGAPORE – Estaleiro Jurong Aracruz has won a $792.5 million contract from Guarapari Drilling BV, the Netherlands, to design and build a drillship, based on Jurong Shipyard’s proprietary Jurong Espadon drillship design.

Guarapari is a subsidiary of Sete Brasil Participacões S.A. (Sete Brasil).

The Jurong Espadon drillship will be capable of operating at 10,000 ft (3,048 m) water depth and drilling to depths of 40,000 ft (12,192 m), with accommodation for 180 personnel. Features will include a 40-m (131-ft) wide main deck, a large moon pool, DP3 capability, and azimuth thrusters for improved operability.

The vessel should be delivered by spring 2015.

Wong Weng Sun, president and CEO of Estaleiro Jurong’s owner Sembcorp Marine, said “This order not only represents the first drillship that our group is building for Brazil but it is also the first project secured by our new shipyard in Aracruz…We believe this order will be the first of many orders in Sete Brasil’s ambitious drillship expansion program to develop the giant Brazilian presalt oil fields.”

2/6/2012

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