Sembcorp Marine Finalizes Accommodation Semisub Deal with Prosafe

Sembcorp Marine's subsidiary Jurong Shipyard (JSPL) and Prosafe AS said Monday that they have finalized a contract for JSPL to build the second unit of a new generation harsh-environment accommodation semisubmersible.

The contract, worth $295.2 million, follows the letter of intent announced by the two companies earlier in October.

Sembcorp said in a statement Monday that the 450-person capacity rig, designed based on the GVA 3000F design with a DP3 (dynamic positioning) system as well as a 12 point mooring arrangement, is scheduled for delivery by the end of 2014. Sembcorp added that the rig will be suitable for harsh environment operations in the Norwegian Continental Shelf.

In the contract, JSPL had granted two additional options to Prosafe for future newbuilds. Including the option previously granted last year, Prosafe now has a total of three options for accommodation semi newbuilds at JSPL.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Yinson-Premuda JV to Acquire FPSO Four... (Jul 31)
 -  DSME Files Complaint with LMAA Over So... (Jul 31)
 -  Pakistan's OGDCL Makes Oil Discovery a... (Jul 31)
 -  BG Group Posts 58% Earnings Slump, Inc... (Jul 31)
 -  Savannah Signs PSC with Niger for R3/R... (Jul 31)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Electro/Mechanical Technician
Expertise: Maintenance Technician
Location: Houston, TX
 
Mechanic
Expertise: Mechanic
Location: Uniontown, PA
 
Upper/Intelligent Completions Operator/Specialist
Expertise: Field Service Tech|Installation Engineer|Mechanical Engineering|Mechanical Technician|Slickline|Workover or Completion
Location: Texas, TX
 
search for more jobs

Brent Crude Oil : $53.31/BBL 0.13%
Light Crude Oil : $48.52/BBL 0.55%
Natural Gas : $2.77/MMBtu 4.15%
Updated in last 24 hours