Rig: Gulf Driller VII

Name Gulf Driller VII
Owner CIMC Raffles
Manager Bluewhale Offshore
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type High-Specification
Max Water Depth (ft) 400
Max Drill Depth (ft) 30000
Dimensions (ft) 231 x 250 x 31
Leg Length (ft) 547
Competitive Yes

Current Location

Country China (PRC)
Region East Asia

Drilling Equipment

Drawworks Type AKMH Wirth
Drawworks HP 4600
Mud Pumps Type --
Top Drive Aker Maritime Hydraulics
Hookload Capacity (lbs) 2000000

Rig Construction Details

Rig Design Friede & Goldman
Rig Model JU-2000E
Year Built 2021
Country of Build China (PRC)
Yard Name Sanlian Longkou
Group Yard Name Yantai CIMC Raffles Offshore Ltd.

Rig Contract Details

Operating Status Under Construction
Operator --


9 Oct 2015

Coastal Contracts enter into litigation regarding delivery of jackup

Coastal has announced that its subsidiary, Thaumas Marine Ltd ("TML"), a party to a shipbuilding contract (“SBC”) with Yantai CIMC Raffles Offshore Limited (“Builder”) and Dynamic Driller Limited (“Co-Builder”), has on the 9th of October 2015 filed a Notice of Arbitration with the Singapore International Arbitration Centre (“SIAC”) against the Builder and Co-Builder to refer a dispute to arbitration, thereby commencing arbitration proceedings against the same. Pursuant to the SBC (and the relevant Annexes, Exhibits, Modifications, Additions, Supplemental(s), Supplementary Agreements, Memorandums and Addendums), the Builder and the Co-Builder are to construct and deliver to TML one (1) unit brand new JU 2000E F&G Design Jack-Up Drilling Rig (“Vessel”) within the Delivery Date of 30th April 2015, or no later than the Cancellation Date of 30th June 2015. Should the Builder and Co-Builder not be able to deliver the Vessel on or before 30th June 2015, the Builder and Co-Builder would be liable to TML for liquidated damages of United States Dollars Fifty Thousand (USD 50,000.00) only per day, up to a maximum of United States Dollars Five Million (USD 5,000,000.00) only. The Vessel was accepted to be technically ready for delivery on 11 September 2015, seventy-three (73) days after the Cancellation Date. Accordingly, the Builder and Co-Builder are liable to TML for liquidated damages to the amount of United States Dollars Three Million and Six Hundred and Fifty Thousand (USD 3,650,000.00) and any applicable interest.

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