Deep drilling deal for Aker Kvaerner

Aker Kvaerner has been awarded a contract for delivery of drilling facilities for an ultra deepwater semi submersible drilling rig ordered by an international drilling contractor. The contract with Daewoo Shipbuilding & Marine Engineering Co in South Korea is valued at is approximately £86m Aker Kvaerner.


The award is based on an option included in a contract Aker Kvaerner signed with Daewoo Shipbuilding & Marine Engineering Co in February 2006. The work is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand.


The scope of work for Aker Kvaerner MH is to deliver a complete drilling package including engineering, equipment deliveries and commissioning services.


The ultra deepwater semi-submersible drilling rig is scheduled for delivery in 2009. The drilling rig will be designed for worldwide operation in harsh environment, including operation on the Norwegian continental shelf.