MIS rolls out Middle East first

United Arab Emirates-based Maritime Industrial Services (MIS) has scored what it claims is a Middle East first with the completion of a newly-designed offshore jack-up drilling rig for Nigerian drilling company SeaWolf Oilfield Services.
The unit, named SeaWolf Oritsetimey (Hull 104), is also a world first as this particular design is the first Friede & Goldman Super Mod 2 ever to be built.
Along with its sister rig, the SeaWolf Onome, this rig is one of two offshore jack-up drilling rigs being built by MIS for SeaWolf Oilfield Services in contracts worth $254 million.
For a yard with no previous record in building new rigs, MIS said that is considers this an exceptional feat.
“We are pleased to confirm that this steep learning curve and the experience gained on those two first rigs, is already delivering results with our third rig, the KS Endeavour (Hull 107) scheduled for delivery well ahead of its contract delivery date” the company said in a statement today.
Capitalising on the capacity shortage in traditional new-build yards in Singapore, China and the US Gulf Coast, MIS entered the new-build market two years ago, making it the first yard in the Middle East to offer such services.
Today MIS has an order book of $1 billion and a total of seven rigs under construction at its yard in Sharjah.
Both SeaWolf rigs are of a Friede and Goldman Super Mod 2 design with a 30,000 foot rate drilling depth and can operate in water depths of 92 metres.
The SeaWolf Onome, SeaWolf’s second jack up rig being built by MIS, is slated for delivery in February 2009.

(Upstream Online)


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