CIMC builds backlog with drillship, semi orders

Yantai CIMC Raffles Offshore Limited has secured orders for a newbuild drillship and a harsh environment semisubmersible, with options for an additional four drilling rigs.

Offshore staff

YANTAI, CHINA – Yantai CIMC Raffles Offshore Limited has secured orders for a newbuild drillship and a harsh environment semisubmersible, with options for an additional four drilling rigs.

The drillship, for Norwegian drilling contractor Norshore, will be a small multipurpose vessel designed for riserless drilling and well intervention. Delivery is scheduled for 2H 2016. Norshore has options to build up to three similar drillships.

CIMC also received an order from Beacon Holdings Group Ltd. for an ice class semisubmersible based on the GM4-D design. Dubbed theBeacon Atlantic, the rig will be capable of drilling to 8,000 m (26,247 ft) in water depths up to 500 m (1,640 ft). The contract carries an option for one additional semisub.

CIMC has scheduled delivery of theBeacon Atlantic in 4Q 2016.

01/16/2014

More in Drilling & Completion