Sembcorp Marine (SembMarine) has completed the delivery of the world’s second eighth-generation drillship to Transocean’s subsidiary Triton Titan GmBH.
According to SembMarine, the delivery of the drillship reaffirms the group’s proven track record in providing next-generation turnkey offshore construction solutions for the oil and gas market.
Following its delivery, the drillship is scheduled for deployment on a five-year contract in the US Gulf of Mexico.
“We are elated to mark yet another major milestone with the delivery of Sembcorp Marine’s second newbuild ultra-deepwater drillship, Deepwater Titan, to Transocean. The most advanced of their kind in the industry, both drillships – constructed based on the group’s proprietary Jurong Espadon 3T design – represent the next-generation of ultra-deepwater assets with breakthrough capabilities, including a three-million-pound hook-load capacity, and greener features that set new benchmarks for the industry,” says SembMarine’s head of rigs and floaters William Gu.
Wong Weng Sun, SembMarine’s president & CEO adds, “The landmark delivery of the world’s second eighth-generation ultra-deepwater drillship… to Transocean attests to Sembcorp Marine’s demonstrated expertise in providing innovative and differentiated drillship solutions for the offshore industry. We are heartened that our close collaboration with Transocean has culminated in the successful completion of two game-changing drillships that are charting new frontiers and redefining standards for the future of offshore drilling."
Shares in SembMarine closed flat at 13.8 cents on Dec 28.
