Atwood Oceanics orders new jack-up News
// August 10, 2001
Atwood Oceanics, the Houston-based international offshore drilling contractor, has announced that its wholly-owned subsidiary, Atwood Oceanics Pacific Limited, has entered into a construction agreement with Keppel FELS Limited, to construct a KFELS Mod Venhanced B-class jack-up drilling unit.
The jack-up will be built to work in up to 350ft water depth, and will include, among other items, a 70ft cantilever, accommodation for 112, three 2,200hp mud pumps and self-positioning system.
The company expects the construction of the unit to be completed in June 2003, with a total cost, including owner furnished equipment and capitalised interest, of approximately $125 million.
The construction of the drilling unit will be financed through the company's existing credit facility and cash on hand.
More articles from this category
More newsVessel & ROV News // January 26, 2015News // January 26, 2015Projects and Operations // January 26, 2015Legislation and Procedures // January 26, 2015News // January 26, 2015Equipment & Technology // January 23, 2015News // January 23, 2015Vessel & ROV News // January 23, 2015News // January 23, 2015Equipment & Technology // January 23, 2015Company News // January 23, 2015News // January 22, 2015Company News // January 22, 2015Company News // January 22, 2015News // January 22, 2015