SEOUL, South Korea -- Daewoo Shipbuilding & Heavy Machinery held a steel cutting ceremony Feb. 27 for the first of three drillship orders for US-based Transocean Inc. The drillship is the first of its kind to be built at DSME.
The vessel will be 254.4 m (835 ft) long, 38 m (125 ft) wide, and 119 m (390 ft) deep from the bottom of the drillship to the derrick. It will be capable of drilling to 12,192 m (40,000 ft) in water depths of 3,658 m (12,000 ft), which exceeds the world record of 3,048 m (10,000 ft), DSME says.
DSME expects to carry out the entire project from steel cutting to final installation.
DSME is scheduled to deliver the first drillship by September 2008. It will be installed in the Gulf of Mexico. The first drillship will be immediately followed by the other two projects. Steel cutting for the first drillship will take place in September 2007 and for the second in April 2008.