Seatrium Wins International Tender for Offshore Jack-up Rig Design
Seatrium Offshore Technology has won an international tender from International Maritime Industries, a shipyard in the Middle East and North Africa region, for the supply of equipment and licence for a self-elevating drilling unit.
New-Build Construction and Partnership
This marks the start of new-build construction for the shipyard since its opening, and of its “long-term partnership” with Seatrium to construct offshore jack-up rigs, the company said on Thursday (Feb 20).
Contract for Offshore Jack-up Rigs
Seatrium has also signed a contract with International Maritime Industries to build offshore jackup rigs in the Middle East and North Africa region.
Rig Specifications
The rig is of the Super 116E Class design, which is customised to suit operation requirements in the Middle East and North Africa region, Seatrium said. It will be outfitted with 343 feet legs, have 1.5 million pounds (680,388 kg) of hook load and will use advanced cyber systems.
Seatrium’s Experience
Prior to this, Seatrium has designed and been involved in constructing jackup rigs in the Middle East.
Share Price
Shares of Seatrium closed on Wednesday 0.4 per cent or S$0.01 lower at S$2.55.
Conclusion
Seatrium’s win of the international tender marks a significant milestone for the company, solidifying its position as a leading player in the offshore jack-up rig design market. The partnership with International Maritime Industries is expected to lead to the construction of more offshore jack-up rigs in the Middle East and North Africa region.
FAQs
Q: What did Seatrium win?
A: Seatrium won an international tender from International Maritime Industries for the supply of equipment and licence for a self-elevating drilling unit.
Q: What is the scope of the partnership between Seatrium and International Maritime Industries?
A: The partnership is for the construction of offshore jack-up rigs in the Middle East and North Africa region.
Q: What is the design of the rig?
A: The rig is of the Super 116E Class design, customised to suit operation requirements in the Middle East and North Africa region.
Q: What is the hook load capacity of the rig?
A: The rig has a hook load capacity of 1.5 million pounds (680,388 kg).
