China's Yantai CIMC Raffles Offshore Ltd. (CIMC Raffles) reported Wednesday that China National Petroleum Corp. Offshore Engineering Co. (CPOE) signed the charter for a new Fristad D90 design semisubmersible that the company has built for an affiliate of Frigstad Offshore at its shipyard in Yantai, China
The newbuild, D90 1# or Frigstad Shekou (UDW semisub),will commence sea trial in September, with delivery scheduled for the end of 2016.
CIMC Raffles said the second Frigstad D90 semisub ordered by Frigstad remains under construction at its Yantai yard.
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