World’s largest semi joins DNV GL fleet
AUGUST 8, 2016 — DNV GL has welcomed the world’s largest semi-submersible drilling rig into class.Ocean GreatWhite is 123 m long and 78 m wide and was delivered at the Ulsan, South
semisubmersible drilling rig
Hyundai Heavy delivers world’s largest semi
JULY 17, 2016 — The world’s largest shipbuilder has delivered the world’s largest largest semi-submersible drilling rig. South Korea’s Hyundai Heavy Industries (HHI) delivered the 123 m x 78 m Ocean Greatwhite
Fred Olsen Energy terminates rig contract at HHI
Today, Fred. Olsen Energy said that its Bollsta Dolphin Pte. Limited subsidiary has notified HHI that it has exercised its contractual termination right under the newbuilding contract as a result of the delay in delivery of the rig, the Bollsta Dolphin, a Moss CS 60 E, sixth generation ultra deepwater semi-submersible.
Fred. Olsen Energy says that the rig construction contract provides that on termination Bollsta will be
entitled to a refund of the first instalment paid to HHI of $186,390,240 plusaccrued interest.
The rig had been under contract to Chevron North Sea Limited under a contract entered into in October 2012. That contract has now been “mutually terminated” on “amicable terms.”