PPL Shipyard secures rig deal from BOT Lease

PPL Shipyard secures rig deal from BOT Lease

Singapore: Sembcorp Marine announced that its subsidiary PPL Shipyard has secured a $240m contract to build a new jack-up drilling rig from BOT Lease Co. The contract comes after BOT Lease’s order of a jack-up rig at Keppel FELS last week.

Scheduled for delivery at the end of October 2016, the new rig, to be named Hakuryu 14, will be built based on PPL Shipyard’s established proprietary Pacific Class 400 design.

This will be the second jack-up rig that PPL Shipyard is building for BOTL, with Japan Drilling Co (JDC) once again being the project coordinator as well as providing the project management team during the rig construction phase. [03/11/14]