Offshore Rig Services says that the construction of the first rig at Yantai-Raffles Shipyard is progressing as scheduled, and that an important milestone was reached June 1st, by starting the steel cutting process for the structural steel.
The main steel construction process will last until June 2007.
The ORS Pioneer is a Global Maritime GM-4000 designed rig capable of working in 2,460 feet of water. The rig is scheduled to be delivered during the fourth quarter of 2008.
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you
need utilization and industry trends or detailed reports on future rig contracts. Subscribing
to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports
using hundreds of available data columns. For more information about a RigLogix subscription,