Dolphin Jan-Feb 2012.pdf - Jurong Shipyard Pte Ltd

SCM : AROUND THE YARDSSafin Gulf Awards PPL Shipyard US$213M ContractSembcorp Marine’s subsidiary PPL Shipyard has signed a US$213 million contract in February 2012 to build aPacific Class 400 jack-up rig for Safin Gulf.The jack-up, based on PPL Shipyard’s proprietaryPacifi c Class 400 design, represents the latestgeneration of high-specifi cation jack-up drillingrigs with greater capacities and capabilities thancurrent conventional units. It is also suitable fordeployment in most of the world’s challengingregions. Upon completion, the rig will be capableof operating in water depths of 400 feet anddrilling to depths of 35,000 feet. Equipped withtechnologically advanced drilling equipment,the unit also provides single- and double-roomaccommodation for 150 personnel with fullhostelry services.proprietary design just as it did with our Pacifi cClass 375 design.”Mr Raimonds Namikis, Executive Vice Presidentof Safi n Gulf, said: “Safi n Gulf is undergoingdynamic development with strategic focus inexploring and investing in new markets andopportunities. We see the development of theoffshore business as one of such businessopportunities. Having strong ambitions withinour group and rapid expansion policy in ourroadmap, we are confi dent that Safi n Gulfwould be able to expand its offshore fl eet andpresence in the Middle East.”Dr Benety Chang, Deputy Chairman of PPLShipyard, said: “We are pleased that Safi n Gulfhas chosen PPL Shipyard’s Pacifi c Class 400design for their rig fl eet as part of its strategicexpansion into the offshore business andevolution into a leading rig-operating company.With the rig due for delivery in November2012, Safi n Gulf is expected to be successfulin securing a charter contract for the rig. Theconfi dence in this design and its capabilitiescould lead to more of such orders for ourToasting to the successful completion of the Pacific Class 400 jack-up rig.Construction Milestone for PTTEPIʼs Zawtika ProjectConstruction work for PTTEP International Limited’s (PTTEPI) Zawtika Field Development Project commenced inJanuary 2012 at both Sembcorp Marine’s subsidiary SMOE and its associate yard Shenzhen Chiwan SembawangShipyard (CSE), following the strike-steel ceremony held on December 8, 2011 at CSE.Representatives from PTTEPI, SMOE and CSE at the first steel-cut ceremony in CSE.Working in close collaboration,SMOE is responsible for thefabrication of the main deck andupper deck of the 15,000 metrictonnetopside at its Singaporeyard while CSE has the task offabricating the eight-legged jacketwith piles, weighing 20,000 metrictonnes. The topside is scheduled foroffshore completion in November2013 while the jacket with pilesis expected to sail-away to BlockM9, in the Andaman Sea, offshoreMyanmar, in January 2013.08Jan-Feb 2012