Page 32: of Maritime Reporter Magazine (December 1998)

GREAT SHIPS OF 1998

Shipbuilder Samsung Heavy

Industries Co. Ltd.

Vessel name Deepwater

Pathfinder

Vessel type Deepwater drillship

Owner/ operator Conoco/ R&B Falcon

Samsung Heavy Industries has delivered what is reported to be the world's largest drilling ship.

The vessel, dubbed Deepwater

Pathfinder, is a 103,000-ton ship ordered by a consortium consisting of Conoco and Reading & Bates.

The $240-million price tag repre- sents not only the technical com- plexity required to build such an enormous unit, but also represents the highest price for a single ship ever built in South Korea. To put the price in perspective, the $240M price exceeds high-value LNG ships, and is equal to three VLCCs.

The ship combines shipbuilding and plant technologies, as the ship and plants were built simultane- ously by Samsung. This is a break from the traditional process, in which orders were received for ship

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Deepwater

Pathfinder mea- sures 726.7 x 65.6 x 42.6 ft. (221.5 x 20 x 13 m), and is pow- ered by Wartsila main engines. The vessel's drilling equipment can reach down to an oil well 3,000 m deep, 8,000 m from the sea bottom and 11,000 m from the sea level, drilling crude oil and natural gas in a depth deeper than 8,848 m.

Built in the double hull struc- ture, the ship is operated by a floating system which is run by an electric propulsion system. It is a next-generation ship designed for stable operation, using a Dynamic

Positioning system to prevent rolling in inclement marine envi- ronment.

The vessel can move at a speed of 12 knots or higher, even with the drilling plantloaded, and is partic- (Continued on page 53)

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