CIMC Raffles Delivers Scarabeo 9 to Saipem

CIMC Raffles has delivered the Scarabeo 9 to Saipem. The work was carried out based on mutually agreed scope and value in Yantai, Shandong province, China. The Scarabeo 9 is a 6th generation DP-3 semisubmersible with a rated water depth of 12,000'. The rig will now be handed over to Keppel FELS in Singapore for commissioning of the marine and drilling systems. ETA to Singapore is end-October.

Mr. Brian Chang, Chief Executive Officer of CIMC Raffles said, "We are more confident of ourselves in delivering existing projects and taking on new challenges. We thank our clients for their continued support. The yard looks ahead and would redouble efforts on all projects going forward."