CIMC Raffles Delivers New Jack-Up to Coastal Contracts Bhd

Coastal Driller 4001 rig cimc raffles
Coastal Driller 4001 rig, image: CIMC

Malaysian offshore and marine services provider Coastal Contracts Bhd received a new Friede & Goldman-designed JU2000E jack-up drilling rig this week from CIMC Raffles’ Yantai yard.

Named Coastal Driller 4001, this ABS-classed rig is 70.36 meters long, 76 meters wide and 9.45 meters high, with leg length of 167 meters, spud can diameter of 18 meters, designed draft of 6.7 meters, accommodation of 140 persons, maximum operation depth of 122 meters (400ft), maximum drilling depth of 10668 meters (35000 ft), and minimum operation temperature of -20 degree. The drilling package is from Aker.

The company notes they have two additional rigs scheduled to be delivered from CIMC in 2015 including an additional JU2000E  jack-up drilling rig and a jack-up designed with gas compression capabilities.

In an interview in June, the company noted that 40 jack-up rig contracts in Southeast Asia will expiring from mid-2013 to 2015, “which implies abundant opportunities on the horizon.”

Mr. Huang Zhenxing, the CEO of Coastal Contracts com, said that Coastal Driller 4001 is Coastal’s first choice of serial drilling rigs. Its successful delivery proved the construction capability of CIMC Raffles and strengthened Coastal’s confidence of devoting to offshore field.