The contract will commence upon delivery of the rig in March 2007 and has a duration of one year with an option to extend the contract for one more year.
This latest generation 375' jackup, which has yet to be named, distances itself from conventional jackups in several areas, not least on the drill floor where the highly mechanized equipment leads to increased safety of the crew. The sophisticated drilling equipment will also make the rigs well qualified for drilling deep and difficult wells, including high temperature/high pressure wells.
A total of 120 people can be accommodated on board.
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