Drilling rig deal for Aker Kvaerner

Aker Kvaerner has been awarded a $15m contract with PPL Shipyard in Singapore for delivery of drilling equipment for a Baker Marine Pacific Class 375 jack-up drilling rig.

has been awarded a contract with

in

for delivery of drilling equipment for a Baker Marine Pacific Class 375 jack-up drilling rig. The total contract value for Aker Kvaerner is approximately $15m.

The award is based on a letter of intent signed with PPL Shipyard in October 2006. The work will be undertaken in Kristiansand by the Aker Kvaerner subsidiary Aker Kvaerner MH.

The scope of work for Aker Kvaerner MH is to deliver engineering and commissioning services in addition to the drilling equipment.

The jack-up drilling rig is scheduled for delivery at the end of 2008. The drilling rig will be designed for worldwide operation.

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.  

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox