Sembcorp Marine secures $806.4m Sete Brasil drillship contract

That makes seven contracts since February 2012.

In a release, Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiary, announced that it has secured a drillship contract worth US$806.4 million from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of a drillship based on Jurong Shipyard’s proprietary Jurong Espadon drillship design.

Sembcorp Marine said this is the 7th unit of a series of drillships that Sembcorp Marine's subsidiaries have secured since February 2012. Including the six drillships that were announced on 6 February and 8 August this year, all seven drillships will be built based on the Jurong Espadon design, which represents the next generation of high specification drillships with advanced capabilities for operational efficiency and ultra-deepwater operations worldwide.

Each of the drillships will be equipped with state-of-the-art drilling facilities, a larger deck area, efficient deck arrangement and a large moon pool for enhanced drilling operations as well as DP-3 (Dynamic Positioning Class 3) capabilities and superior motion. The drillship will be capable of operating at 10,000 ft water depth and drilling to depths of 40,000 ft, with accommodation facilities for a crew of 180 personnel.

The 7th drillship unit is scheduled for delivery no later than the third quarter of 2016, said Sembcorp Marine.