Keppel to Deliver Maersk Rig Early

Keppel Offshore & Marine Limited (Keppel O&M) will deliver a new generation semi-submersible rig to Maersk Contractors in mid August 2003 - two weeks ahead of schedule. The rig was named Lider in a ceremony that was held at Caspian Shipyard Company (CSC) in Baku, Azerbaijan. Lider will be contracted to Exxon Azerbaijan Operating Company LLC and Chevron Overseas Petroleum Azerbaijan Limited for a three-year drilling program.

Co-designed by Keppel FELS of Singapore and Marine Structure Consultants of Netherlands, this cost-effective multifunction rig is the first of the DSS-20-CASM semi-submersible design to be built. Keppel FELS and CSC clinched the contract for the construction of Lider in February 2001, following their successful delivery of the MOD V jack-up rig, Gurtulush to Transocean SedcoForex. Capable of operating in water depths of up to 1,000 m and drill depths of up to 9,140 m, Lider has a variable deck load of 4,000 tons and is able to accommodate 130 people. It is specifically designed to handle large water depths and high formation pressures, which are anticipated at the first well in the Zafar Mashal structure.

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Maritime Reporter Magazine, page 23, Aug 2003

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.