Singapore: Sembcorp Marine's Jurong Shipyard Bags USD 291.6 Million Contract

Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$291.6 million contract to build an accommodation semi-submersible rig with options for another two units from Prosafe, the world’s leading owner and operator of accommodation and service rigs.

Scheduled for delivery in the second quarter of 2014, the accommodation semi-submersible rig will be built based on the GVA 3000E design. Featuring the latest technology, the GVA 3000E design accomodation semi-submersible rig is capable of operating gangway connected in deep water and in harsh environments alongside fixed platforms, floating platforms and Floating Production and Offloading vessels, with a full complement of deck cranes and fire-fighting capabilities.

The 450-person capacity Dynamic Positioning 3 (DP) unit will be built in compliance with stringent Norwegian offshore health and safety standards and is suitable for harsh environment operations in the Norwegian Continental Shelf.

Sembcorp Marine's Jurong Shipyard Bags USD 291.6 Million Contract

Floating semi-submersible accommodation rigs are needed to provide additional living quarters for offshore personnel. Such support is required during hook-up and commissioning in the development phase, maintenance and upgrading during the production phase, as well as for the decommissioning phase.

Mr. Don Lee, Senior General Manager, Jurong Shipyard’s Offshore Division said “We are very honored that Prosafe has chosen to partner Jurong Shipyard in their fleet expansion strategy as the world’s leading owner and operator of semi-submersible accommodation and service rigs. This is a testimony of Jurong Shipyard’s capability to kick-start another product line in the growing accommodation semi-submersible rig market. We will continue to draw upon our experience from our past track records of having delivered harsh environment units that are operating in compliance with the stringent health, safety, quality and environment standards in the North Sea. We thank Prosafe again for this contract and will work to ensure that our relationship with Prosafe as a new client will continue to grow.”

Mr. Karl Ronny Klungtvedt, Chief Executive Officer of Prosafe said “We have ordered this unit as we continue to see strong demand in the high-end segment of the accommodation rigs market. Jurong Shipyard was chosen as our preferred partner based on their strong track record in offshore building and the delivery of high quality offshore solutions. We look forward in confidence to the timely delivery of this new generation of advanced semi-submersible accommodation rig.”

The contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of Sembcorp Marine for the year ending December 31, 2011.

Jurong Shipyard, a fully-owned subsidiary of Sembcorp Marine, is a leading shipyard offering integrated services and customized solutions in ship repair, shipbuilding, ship conversion, rig building and offshore engineering to a world-wide clientele. Apart from its proven track record in the building and servicing of jack-up and semi-submersible rigs, Jurong Shipyard is also a global leader in the EPC conversion of tankers to floating production storage and offloading units (FPSOs), floating storage tankers (FSOs) and floating production units (FPUs).

Shipbuilding Tribune Staff, December 19, 2011; Image: Prosafe

Share this article

Follow World Maritime News

Posted on December 19, 2011

In Depth>

Events>

<< Feb 2016 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 1 2 3 4 5 6

PUMPS & VALVES 2016

The 16th edition of PUMPS & VALVES in co-location with Maintenance, 20 and 21 April 2016 in Antwerp expo, will present a complete overview of all the technologies and innovations in the field of industrial pumps, valves and seals.

The exhibition will feature industrial pumps, control valves, valves, seals, filters and filtration, processing equipment, piping & pipelines, services for industry, governmental agencies & pipeline operators.

Pumps and Valves’ second duo edition, co-located with Maintenance, enjoyed a solid 8% increase in visitors with a total of 5.492 visitors.

read more >

FPSO Europe Congress

Why Attend the 2nd Annual FPSO Europe Congress?
Discover how FPSO leaders are embracing the new realities of a low oil price environment – what are the strategies to adopt in pursuit of viable economical FPSO projects?…

read more >

Port & Terminal Technology Conference & Exhibition 2016

MCI Media Limited are hosting the 8th International Port & Terminal Technology Conference & Exhibition in Charleston, SC.

This year, we are delighted to welcome South Carolina Ports Authority as official supporters.

Having established itself as a “must-attend” key industry event, Port & Terminal Technology will deliver an informative and technical conference programme complemented by an impressive line-up of industry experts.

Exploring the latest developments, issues, trends and technology affecting ports and terminals around the globe, the conference will provide delegates an invaluable learning opportunity as well as an excellent platform for discussion, debate and networking.

Port & Terminal Technology is specially designed for representatives from operations, maintenance and engineering from port authorities, terminal operators, consultancy firms, dredging contractors, maritime construction firms and suppliers of cargo handling equipment and those involved in the effective development and operation of container ports and terminals.

The conference is complemented by an intimate exhibition, comprising a select handful of elite market leaders, enabling companies to reach a niche target audience, showcase their products and network with potential, new and existing clients.

read more >

World Water Works 2016

Rising sea levels, ever-larger container ships, increased pressure on the accessibility of ports and waterways and the associated infrastructural requirements are all global problems.

The time is ripe for sustainable solutions which are both financially feasible and ecologically responsible.

Conference and exhibition

The two-day international hydraulic engineering conference and exhibition World Water Works on 23 and 24 March 2016 at Antwerp Expo brings together science, industry practices and trends related to:

– Hydraulic engineering
– Accessibility of ports and waterways
– Coastline and shoreline projects
– The construction of bridges, locks and tunnels
– Future offshore sea ports

read more >