Rig: KS Energy Jackup TBN 1

Name KS Energy Jackup TBN 1
Owner KS Drilling Pte Ltd
Manager KS Drilling Pte Ltd
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type High-Specification
Max Water Depth (ft) 400
Max Drill Depth (ft) 35000
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 --
Drawworks HP 4600
Mud Pumps Type Lewco W-2214 Triplex
Top Drive --
Hookload Capacity (lbs) 2000000

Rig Construction Details

Rig Design Friede & Goldman
Rig Model JU-2000E
Year Built 2020
Country of Build China (PRC)
Yard Name Zhenhua Nantong
Group Yard Name Shanghai Zhenhua Heavy Industries Co.,Ltd.

Rig Contract Details

Operating Status Cancelled
Operator

News

23 Jun 2014

KS Energy places newbuild jackup order with ZPMC

KS Energy Limited (KS) wishes to announce that a subsidiary of KS Drilling Pte Ltd (KS Drilling), KS Rig Invest Five Ltd., has entered into a contract effective 23rd June 2014 with Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC) for the construction and delivery of one new build jack-up drilling rig based on the Friede & Goldman JU-2000E design, with an option granted to KS Drilling for the construction and delivery of a second rig of the same design. The newbuild (‘KS Drilling Jackup TBN 1’) is expected to be delivered in 27 months from the order date, whilst KS Drilling has the right to exercise its newbuild option at any time within six months of the order date. The cost of construction for the newbuild unit is approximately USD199.2 million, exclusive of additional costs to be paid for project management, drilling and handling tools, spares and capitalized interest. The newbuild announcement follows KS Drilling’s decision to sell one of its other newbuild jackups, the announced the sale of the ‘KS Orient Star 1’ jackup rig on the 19th June 2014.

About The Rigs Website

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