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Friday, 25 July, 2008, 15:10 GMT | more prices >>

New semisub in the cards for Ensco



By Upstream staff 

Dallas-based Ensco has green-lit the construction of a new $515 million semi-submersible drilling rig to be built by Keppel FELS in Singapore.

The company said today that its board of directors had authorised the construction of the 8500 Series rig with a delivery date of late 2011.

The rig, which is being built without a firm contract in hand, will be named Ensco 8504.

“We continually evaluate construction of additional deepwater rigs to meet the unprecedented demand for deepwater drilling,” said Ensco chief executive Dan Rabun.

The company is nearing completion on the first of its 8500 series semi-submersible rigs and is expected to begin drilling operations in the Gulf of Mexico by early 2009.

Three other 8500 series rigs are scheduled for delivery in Singapore in the first and fourth quarters of 2009 (Ensco 8501 and Ensco 8502, respectively) and in the third quarter of 2010 (Ensco 8503).


Thursday, 24 April, 2008, 19:00 GMT  | last updated: Friday, 25 April, 2008, 14:12 GMT

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