SIANJIA FLOW CONTROL

PPL SHIPYARD TO BUILD JACK-UP RIG FOR BOTL

Author：CVVT.SIANJIA FLOW CONTROL PublicTime：2014-11-13 Views：1922

Sembcorp Marine’s subsidiary, PPL Shipyard, has secured a USD 240M contract to build a new jack-up drilling rig from BOT Lease Co., Ltd (BOTL), a leasing company of The Bank of Tokyo-Mitsubishi UFJ which is under the umbrella of Mitsubishi UFJ Financial Group. The contract value may be higher on additional specification requirements to be negotiated among the parties involved.

Scheduled for delivery at the end of October 2016, the new rig (to be named Hakuryu 14) would be built based on PPL Shipyard’s established proprietary Pacific Class 400 (PC 400) design. This latest generation of high-specification jack-up rigs is capable of operating in deeper waters of 400ft and drilling high pressure and high temperature wells to depths of 35,000ft. The rig design features two million pounds hook load and the latest drilling equipment for improved drilling efficiencies along with offline handling features and simultaneous operations support. It would have accommodation for 150 persons with full catering and amenities.

This will be the second jack-up rig that PPL Shipyard is building for BOTL, with Japan Drilling Co., (JDC) once again being the project coordinator as well as providing the project management team during the rig construction phase. The first unit, Hakuryu 12, is presently under construction with delivery scheduled for January 2015.