Sembcorp Marine unit to build US$208M drilling rig for Perisai

It also has an option to construct an additional unit of a similar specification jackup rig  worth US210m for delivery in 2Q15.

Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$208 million contract to construct a Pacific Class 400 jack-up drilling rig for Perisai (L) Inc, a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd, with an option to construct an additional unit of a similar specification jackup rig for delivery in the second quarter of 2015. The price for the option rig is US$210 million with adjustment to certain cost escalation.

The Pacific Class 400 jack-up drilling rig is PPL Shipyard’s proprietary design.  This design is an enhanced version of PPL Shipyard’s  Pacific Class 375 design series, of which 27 units are  now operating worldwide.

The Pacific Class 400 rig represents the latest generation of high-specification jack-up rigs that are capable of operating in water depths of 400 feet and drilling to depths of 30,000 feet.

The rig’s maximum drill centre is cantilevered at 75 feet aft and it has a derrick hook load capacity of 1,500,000 lbs. The rig is equipped with full hotel services for a complement of  150 men on board in 1-man cabins and 2-men cabins. This unit is scheduled for delivery end July 2014.