Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
October 12, 2011

TSC wins jack-up rig contract

TSC Group has received a $29.2m contract from CIMC Raffles Shipyard for a 300ft jack-up rig package.

TSC Group has received a $29.2m contract from CIMC Raffles Shipyard for a 300ft jack-up rig package.

The contract includes an option for another similar jack-up rig package by the end of 2011.

As per the contract, TSC will design, engineer and provide an integrated drilling rig package and power control package to CIMC Raffles Shipyard.

The Friede and Goldman-designed Super M2 jack-up drilling rig has a drilling depth of 30,000ft and can operate under all weather conditions.

In two years, this will be the fifth Friede and Goldman-designed Super M2 jack-up rig package that TSC Group has provided CIMC Raffles with .

The rig is expected to be completed in the fourth quarter of 2013.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Ship Technology