September 8, 2009
PPL Shipyard delivers jack-up early
Sembcorp Marine subsidiary PPL Shipyard Pte Ltd (PPL), Singapore, has successfully delivered Aquamarine Driller, the third ultra-premium high-specification jack-up rig ordered by Vantage Drilling Company, two months ahead of schedule with payment fully received. PPL Shipyard is expected to deliver a fourth rig to Vantage Drilling in the fourth quarter of 2009.
The jack-up rig is built based on PPLŐs proprietary Pacific Class 375 design. The Pacific Class 375 jack-up rig is an independent leg, cantilever jack-up with a drilling depth of 30,000 feet and is capable of operating in water depth up to 375 feet.
The early delivery has enabled Vantage Drilling to clinch an early charter contract offshore West Africa.