Alliance Offshore Drilling, a subsidiary of TSC Group in China, has decided to build two additional R-550D jack-up rigs at CSSC Huangpu Wenchong Shipyard (HPWS) in Guangzhou, China.
The R-550D is a Zentech designed, high-specification ABS classed mobile offshore jack-up drilling unit, capable of operating in water depths of up to 400 feet.
According to a press release by TSC, the contract signing follows the continued positive market response received for the first R-550D rig, AOD1, which is currently in the final phase of installation and commissioning at HPWS.
TSC Chairman, Jiang Binghua said: “We are very pleased with this opportunity which is based on the strong foundation and excellent collaboration established during the AOD1 construction. Today’s R-550D signing signifies TSC and our alliance partner’s abilities to provide a rig for the future which is cost effective and technologically superior.”
Chen Zhongqian , the Chairman of HPWS, also said today at the contract signing ceremony: “We are committed to a long term strategy on the oil and gas sector and we are firmly of the belief that the R-550D offers the best value for money for the future of jack up rigs.”
These projects emphasizes the long term commitment and confidence of the strategic alliance partners, HPWS, Zentech and TSC, in promoting HPWS to the forefront of the global offshore marine construction industry. The current R-550D under construction was undocked on 15 May 2015 on schedule with commendable safety and quality standards. Performance of the rig is augmented by the support of experienced professionals on the project management teams.”