Jurong seeks to sell Petrorig I

SINGAPORE: Sembcorp Marine subsidiary Jurong Shipyard Pte Ltd (JSPL) is seeking to sell the newly completed semisubmersible PetroRig I.

Construction has been completed on the PetroRig I, and the rig was ready for delivery to PetroRig I Pte Ltd, a wholly-owned subsidiary of PetroMena ASA, earlier this month. However, as final payment was not made to JSPL under the construction contract, JSPL has terminated the contract today.In accordance to its rights under the contract, Jurong Shipyard will proceed to sell the rig.PetroRig I is a sixth generation ultra-deepwater semisubmersible rig built based on the Friede & Goldman Ex-D design. The rig is capable of operating in 3,000 meters (9,842 ft) water depth and harsh environment drilling conditions and is also suitable for operations in most of the world’s known challenging deepwater arena.

Read More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: