Daewoo Delivers $74-Million Offshore Rig

Atlantic Drilling Company, a member of the Ben Line Group of the United Kingdom, will receive a semisubmersible drilling rig built by Daewoo Shipbuilding and Heavy Machinery Ltd., Seoul, Korea. The rig was christened Benreoch at Daewoo's Okpo Shipyard.

The $74-million rig is a Friede and Goldman L-907 self-propelled facility, 270 feet long, 203 feet wide, and 116 feet in height frorrt the keel to the main deck. It has living quarters for 100 persons.

The L-907 can drill to a depth of 25,000 feet in water up to 1,500 feet. It is built to endure winds of 110 knots, waves of 100 feet and temperatures of 20 degrees below zero Centigrade.

Atlantic Drilling will charter the rig to Tricentrol Exploration Overseas Ltd. of England, which will use it to explore waters off the coast of New Zealand.

Daewoo's Okpo Shipyard has delivered four semisubmersible rigs, three going to U.S. firms and one to England.

Maritime Reporter Magazine, page 39, Oct 1983

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