Drydocks World to build highly specialised jack-up drill rigs

Drydocks World, today announced that it has signed an Agreement with Malta Oil and Gas Ltd., for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design.

The Agreement was signed by Khamis Juma Buamim, Chairman of Drydocks World and Maritime World and Paul Robert Thomson of Malta Oil & Gas Ltd.

Buamim said, "There is a great demand for new offshore drilling rigs in the rapidly evolving upstream oil and gas sector. Our strategy to contribute to the growth of this sector has paid rich dividends. We are delighted to have made definite inroads into sophisticated engineering and construction to support this sector. Increasingly sophisticated and highly specialized drilling rigs are being used for deepwater exploration and development and this is the latest requirement of the sector and we are fully geared to meet the increasing demand."

The Unit has dimensions of 76m x 76m and leg length 180.6m and is intended for operation in water depths up to 450 ft. It consists of a triangular shaped hull with three open truss legs, rack and pinion type elevating systems and leg-to-hull fixation systems. The rig will be capable of drilling HPHT (High Pressure High Temperature) wells. It is equipped with a permanent accommodation for 150 persons, a heli-deck suitable for the use of a S61N or S92 helicopter and a retractable X-Y type cantilever carrying the drilling derrick.

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