ADVERTISEMENT


Sembcorp Marine

Sembcorp Marine’s subsidiary PPL Shipyard secured a USD-240-million contract to build a jackup rig for Bot Lease, a leasing company owned by The Bank of Tokyo-Mitsubishi UFJ. The rig will be able to drill in 400 ft of water and will be capable of drilling high-pressure/high-temperature wells to depths up to 35,000 ft. It will be named Hakuryu 14, and delivery is scheduled for the end of October 2016.


STAY CONNECTED

Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.

 

ADVERTISEMENT