Hitachi Zosen To Build Its First Semisubmersible Rig For U.S. Company

Hitachi Zosen recently received an order for one semisubmersible offshore oil drilling rig from Penrod Drilling Company, a member of the Hunt Group of Companies.

The rig is the first semisubmersible one to be ordered from Hitachi Zosen. An Enhanced Pacesetter type designed by Friede & Goldman, Ltd., U.S.A., the rig is capable of operating at water depths of up to 457 meters (1,500 feet). It can drill to a maximum depth of 7,620 meters (25,000 feet).

Including this order, Hitachi Zosen has received three orders from members of the Hunt Group.

Of the 14 orders for jackup type rigs, two are now under construction for Offshore Investments Limited, also of the Hunt Group.

After delivery in July 1982, the rig will be chartered by Occidental Petroleum Corporation and will be operated in Australian waters.

Maritime Reporter Magazine, page 32, Dec 15, 1980

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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.