Jurong to build jackup, convert semi

SembCorp Marine Ltd. subsidiary Jurong Shipyard has won a $442-million contract to build a harsh environment jackup rig for Larsen Oil & Gas-owned Petroprod Ltd.

Offshore staff

SINGAPORE -- SembCorp Marine Ltd. subsidiary Jurong Shipyard has won a $442-million contract to build a harsh environment jackup rig for Larsen Oil & Gas-owned Petroprod Ltd.

The CJ70 design rig, to be delivered in mid-2010 for operations in the Norwegian North Sea, will be able to handle drilling and production, the company says.

The yard, meanwhile, has started working on a $550-million ultra deepwater dynamically positioned semisubmersible rig for Noble Corp. subsidiary Noble Drilling Holding Llc.

Jurong says the semi will be converted from an existing baredeck hullNoble Bingo 9000 Rig 4.

The semi, to be delivered in 4Q 2009, is designed to drill to 35,000 ft (10,668 m) and to operate in 12,000 ft (3,658 m) water depth. The rig has accommodations for 200.

Rig cost includes shipyard cost, owner-furnished equipment, project management cost, and general contingencies.

The new semi will be namedNoble Jim Day and will have similar specifications and design as the Noble Danny Adkins, a semisubmersible rig unit contracted to Jurong Shipyard in December 2006.

5/10/2007

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