GSP Saturn jack-up rig, owned by Romanian offshore drilling contractor GSP Offshore, has reached the Port of Constanta, Romania, ahead of reclassification.
GSP Saturn will undergo a reclassification process, followed by a drilling campaign in the Black Sea and the Marmara Sea.
The rig owner said last week that the rig arrived at the port on Friday, February 9. The company added that the GSP Saturn was towed to Romania from the port of Rotterdam through the Bosphorus.
According to VesselsValue, the rig had been stacked from August 2015 until November 2017. Following the reclassification, the rig will work for the Romanian oil and gas company, Black Sea Oil & Gas. As detailed by VesselsValue, the contract for the GSP Saturn began on December 15, 2017, and will last for one year.
The GSP Saturn is a four-legged, self-elevating jack-up unit. The rig was built by Damen Galati Shipyard, Romania, in 1988.
In 2009/2013, the rig was subject of an extensive upgrade and reclassification project carried out by GSP Shipyard under GSP project management, with the budget amounting of about $120 million.
Offshore Energy Today Staff