02 Mar 2010

Construction Success of West Orion in Jurong Shipyard

West Orion, the third from the series of four turnkey ultra-deepwater semi-submersible drilling rigs built by Sembcorp Marine’s subsidiary Jurong Shipyard for Seadrill Limited, is on track for delivery in early second quarter of 2010 following its official naming.

The rig was christened “West Orion” by Lady Sponsor Mrs Ingfrid Gjengedal, the wife of Mr Alf Ragnar Lovdal, Senior Vice President of Seadrill’s Tender Rig Division, during a ceremony on February 27, 2010 in the presence of key representatives from Seadrill and Jurong Shipyard.

West Orion echoes the success of sister rigs West Sirius and West Taurus which were delivered by Jurong Shipyard in 2008. The yard demonstrated its strong turnkey expertise in semi-submersible construction by being the first to deliver on-time a total turnkey semi-submersible rig, the West Sirius, to Seadrill in March 2008. The next turnkey semi-submersible rig, the West Taurus, was delivered one week ahead of schedule in November 2008.

West Orion is one of twelve Friede and Goldman (F&G) ExD Class semi-submersible ultra-deepwater drilling units built by Jurong Shipyard. Six of these F&G semisubmersible units had been successfully delivered by the yard. The dynamic-positioning semi-submersible is engineered for deep drilling capabilities of up to 37,500 feet in dynamic positioning mode in ultra-deepwaters of up to 10,000 feet.

Upon delivery, West Orion will commence a six-year contract with Petrobras for development drilling operations offshore Brazil. West Taurus, the second rig delivered to Seadrill by Jurong Shipyard, is also on a six-year charter with Petrobras.

Mr Per Wullf, Executive Vice President and Chief Operating Officer of Seadrill Management AS, said: “West Orion is the third consecutive on-time, on-budget semisubmersible drilling rig that Jurong Shipyard has constructed for Seadrill after the West Sirius and West Taurus. Both rigs are working very well at their locations in the Gulf of Mexico and Brazil.”

“Over the years, Seadrill’s investments in new drilling units have been significant and our repeat orders with Jurong Shipyard are signs of confidence and reflects our strong commitment to this excellent yard. More importantly, the previous rigs delivered from Jurong Shipyard are first of its class and working exceptionally well. We are very satisfied with Jurong Shipyard’s performance and quality of work and look forward to mutual success in the future.”

Mr Wong Weng Sun, President and Chief Executive Officer of Sembcorp Marine and Managing Director of Jurong Shipyard, said: “The turnkey construction success of West Orion, our third from the series of four ultra-deepwater Seadrill semi-submersible rigs, is a testament of the strong synergy and shared commitment between Jurong Shipyard and Seadrill in achieving high quality standards and workplace safety and health excellence in our operations. Our profound thanks to Seadrill for their vote of confidence and their trust in us.”

About Seadrill
Seadrill is an international offshore drilling contractor providing services within drilling and well services. Together with partners, the company has more than 40 drilling units, out of which 7 are under construction. Seadrill’s versatile fleet includes harshenvironment semi-submersibles, jack-ups, shallow and deep water tender rigs and deepwater drillships.

About Jurong Shipyard
Jurong Shipyard, a fully-owned subsidiary of Sembcorp Marine, is a leading shipyard offering integrated services and customised solutions in ship repair, shipbuilding, ship conversion, rig building and offshore engineering to a worldwide clientele. Apart from its proven track record in the building and servicing of jack-up and semi-submersible rigs, Jurong Shipyard is also a global leader in the EPC conversion of tankers to floating, production, storage and offloading units (FPSOs), floating storage tankers (FSOs) and floating production units (FPU).

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