Jurong Shipyard Wins $596 Million Newbuild Order for Huge Jack-Up Rig

Maersk CJ 70 jack-up rig

Jurong Shipyard announced they have received a USD $596 million contract from Noble Corporation to build an ultra-high specification jack-up rig with option for an additional unit for use in the United Kingdom sector of the North Sea. Delivery is scheduled for Q1 2016.

Representing the most advanced and versatile of its kind in the industry, this jack-up rig will be constructed based on the proven Gusto MSC CJ70 design and in line with an enhanced version of Statoil’s “Cat J” specifications.

Specifications:

Air gap: 69 metres
Water Depth: Up to 150 metres (492 feet) in harsh environment
Total Drilling Depth: 10,000 metres (approximately 33,000 feet)
Accommodations: 150

Featuring design enhancements which will improve the rig’s operating capabilities, the enhanced Gusto MSC CJ70 jack-up is designed to optimize HSE focus and is uniquely suited for operations over a very large platform or in a subsea configuration in water depths of up to 150 metres in the Norwegian sector.

Mr William Gu, General Manager of Jurong Shipyard’s Offshore Division said “We are very honoured to be chosen by Noble as the partner for this newbuild ultra-high specification jack-up rig. Clinching this prestigious project marks another milestone for us and attests to Jurong Shipyard’s ability to build harsher and more sophisticated drilling rigs.”

In addition to this latest rig order, Jurong Shipyard is currently constructing six F&G JU3000N class jack-up rigs worth a total of US$1.3 billion for Noble. The yard had also successfully delivered two units of Bingo 9000 ultra-deepwater semisubmersibles, the Noble Danny Adkins and Noble Jim Day, in 2009 and 2010 respectively.