Gotaverken Signs Contract For $85-Million Semisubmersible

Gotaverken Arendal AB of Gothenburg, Sweden, recently signed a contract with Wilh.

Wilhelmsen of Oslo to build a semisubmersible drilling rig at a cost of about $85 million.

Delivery is scheduled for 1982.

Following a decision by the Norwegian Parliament to start oil drilling north of the 62nd parallel, the rig will be operated in that area. Wilh. Wilhelmsen has a five-year time charter with Norsk Hydro.

The rig is based on Friede and Goldman's Pacesetter design, further developed by Gotaverken Arendal for severe North Sea conditions. All structural components and exposed equipment are designed to operate at an ambient air temperature of minus 20 C (minus 4 F).

The semisubmersible can operate in water up to 450 meters (1,476.4 feet) deep, and has a drilling capability of 7,600 meters (24,935 feet).

Maritime Reporter Magazine, page 10,  Jun 1980

Read Gotaverken Signs Contract For $85-Million Semisubmersible in Pdf, Flash or Html5 edition of June 1980 Maritime Reporter

Other stories from June 1980 issue

Content

Maritime Reporter

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