COSCO Nantong delivers jackup rig to Asian buyer

Offshore staff

SINGAPORE – COSCO Corp. (Singapore) Ltd reports that COSCO (Nantong) Shipyard Co. Ltd, a subsidiary of the company's 51% owned COSCO Shipyard Group Co. Ltd, has delivered the jackup rig Kai Xuan Yi Hao to its Asian buyer.

The jackup rig, measuring 66.71 m (219 ft) in LOA (length of all), 67.06 m (220 ft) in width, is designed to operate at water depths of 400 ft (122 m) and is capable of performing drilling operations at depths of up to 35,000 ft (10,668 m).

07/23/2014