SEADRAGON Offshore has taken up an option for a second semi-submersible rig at Jurong Shipyard. The $237.3m contract is for the completion of a six column bare deck hull built at a Russian shipyard into a ultra-deepwater semi-submersible drilling rig. “We are pleased that, despite the current challenges due to the economic downturn
and the credit crunch, our orderbook continues to strengthen,” said Jurong Shipyard senior general manager Don Lee. The harsh environment rig will be built for a water depth rating of 10,000 ft and maximum drilling depth of 30,000 ft. The rig is due for delivery at the end of June 2011. SeaDragon contracted a similar rig with the Singapore yard in April this year. The two orders worth a total of $484m are the only rig contracts secured this year by Jurong and its parent yard group SembCorp Marine.