Page 102: of Maritime Reporter Magazine (June 1992)

OFFSHORE RIG CONSTRUCTION

MOBILE RIGS UNDER CONSTRUCTION

Rig Owner Rig Name Design

Water

Depth Shipyard

Estimated

Cost (SMM)

Delivery

Date Contract

JACKUPS

MAERSK Maersk Gallant Marine Structure CJ 62

S-120, 3 legs, cantiflever, harsh environment, zero discharge. 4001 Far East Levingston -Singapore $136.0 06/92 Available

MAERSK Maersk Goliath Marine Structure CJ 62

S-120, 3 legs, cantilever, harsh environment, zero discharge. 400' Far East Levingston -Singapore $136.0 09/92 Available

NATIONAL

IRANIAN DRIG

Iranian Unnamed

Jackup 01

Rauma-Repola, 3 triangular legs, cantilever. 300' Iran Marine Industrial -Neka, Iran $ 70.0 03/93 NIOC - Owner/operated

RUSSIA Russia Unnamed

Jackup N402

CD&EB —Coral Design, Artie

Class, 3 legs, cantilever. 300' Vyborg Shipyard -Russia $ 67.0 08/92 Sahalinmor -Owner/operated

RUSSIA Russia Unnamed

Jackup N610

CD&EB-Coral Design, 3 legs, cantilever. 250' Astrakhan - Russia $ 60.0e 06/92 Chernmor - Owner/operated

SANTE FE Magellan Friede & Goldman L-780

MOD V, 3 triangular legs, cantilever, harsh environment. 350 Far East Levingston -Singapore $ 80.0e 05/92 Available

SEMISUBMERSIBLES

AZERBAIJAN Shelf 07 CD&EB —Coral Design, 6 columns. 1,000' Astrakhan Shipyard -Astrakhan, Russia $ 80.0e 06/92 Caspmor — Owner/operated

AZERBAIJAN Shelf 09 CD&EB-Coral Design, 6 columns. 820 Astrakhan Shipyard -Astrakhan, Russia $ 80.0e 06/94 Caspmor - Owner/operated

RUSSIA Shelf 12 CD&EB—Coral Design, 6 columns. 650 Vyborg -Russia $ 80.Oe 06/93 Sahalinmor —Owner/operated

SANA M&S Unnamed Semi 01 Friede & Goldman L-1020,

Trendsetter, drilling/production. 5,000' Fincantieri -Genoa, Italy $120.0 12/93 Available

Source: Offshore Rig Locator

OFFSHORE MOBILE DRILLING UNITS

UNDER CONSTRUCTION OR ORDERED

By Area Of World (Location of Shipyard)

Jackups Semisubmersibles TOTAL

MEDITERRANEAN 0 1 1

MIDDLE EAST 1 0 1

SOUTHEAST ASIA 3 0 3

U.S.S.R. 2 3 5

TOTAL 6 4 10

By Delivery Date 1992 5 1 6 1993 1 2 3 1994 0 1 1 1995 0 0 0

UNDETERMINED 0 0 0

TOTAL 6 4 10

With No Drilling Contract 1992 3 0 3 1993 0 1 1 1994 0 0 0 1995 0 0 0

UNDETERMINED 0 0 0

TOTAL 3 1 4

Source: Offshore Rig Locator

The Ocean King, a Marathon LeTourneau Class 116C, independent leg, cantilevered, jackup drilling unit, rated to dril to a depth of 25,000 feet below the rotary water depths from 22 feet to 300 feet.

Source: The Offshore Rig Locator, published by Offshore Data Services, Inc., P.O. Box 19909, Houston, Texas 77224; telephone (713) 781-2713; and telefax (713) 781-9594. 30 Maritime Reporter/Engineering News