$160m drilling equipment contract

By Setform

Aker Kvaerner MH to deliver a complete drilling package consisting of engineering, drilling equipment deliveries and subsea equipment

Aker Kvaerner has signed a contract with Jurong Shipyard Pte Ltd in Singapore for delivery of a drilling system for an ultra deepwater drilling semi-submersible platform. The total contract value for Aker Kvaerner is approximately $160 million.

The contract is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand. The scope of work is to deliver a complete drilling package consisting of engineering, drilling equipment deliveries and subsea equipment. Aker Kvaerner MH’s deepwater drilling solutions are based on a highly efficient system designed for performing different operations in parallel.

The new agreement is the fifth contract with Jurong Shipyard since October 2005, in a series of semi-submersible drilling platforms to be built at the yard.

The ultra deepwater drilling rig is scheduled for delivery in first quarter 2010.

For more information, visit www.akerasa.com

Share This Article
Leave a Comment