Gulf Driller VI (CIMC Raffles) (Jackup)

Central Shipping Monaco enters the jackup market with newbuild order

Return to news list

10 January 2014

Central Shipping Monaco (CSM), a privately owned offshore commercial management company with a focus on offshore drilling and ship management has placed a firm order for the delivery of a pair of jackup rigs from China’s CIMC Raffles shipyard. The two jackups will be built to Friede & Goldman’s JU-2000E design with a cost of US$240 million per unit and the capability to operate in water depths up to 400ft. CSM’s order was placed over the Christmas period in 2013 and the first unit is expected to be delivered towards the end of 2015 with the second unit following in Q1 2016. Additionally CSM has four options to order further similar units that must all be exercised within an 18 month period.


More News for Operator: CIMC Raffles

19 Nov 2014

CIMC Raffles prepares to construct new BT-5000 semisub

In anticipation of the offshore industry’s requirement for economical, highly efficient and safer drilling rigs to replace the existing older-generation fleet marked for retirement, CIMC Raffles has jointly developed the BT5000 mid-deepwater semisubmersible drilling rig with renowned offshore rig designer Bassoe Technology. The BT-5000 drilling rig is designed to operate in the UK continental shelf and is equipped with a high-performance drilling system. It is capable of operating at water depths up to 1,500 meters (5,000 feet) and drill wells down to 9,144 meters (30,000 feet). The unit is able to operate at minus 10 degree Celsius and comes equipped with 8-point mooring system and DPS-1 thruster assist system for station keeping. The BT-5000 drilling rig is designed to comply with UK HSE standards and requirements, and will be classified by the American Bureau of Shipping (ABS). With its superior hull design, the BT-5000 drilling rig maintains good motion characteristics in harsh environmental conditions. Comparing with similar rig types, it promises a significantly better operational performance and takes lead amongst the upcoming new generation of high performance, economical mid-deepwater semisubmersible drilling rigs in the offshore industry. CIMC Raffles has reached agreements with potential clients to design and build 2+4 units of BT-5000 mid-deepwater semisubmersible drilling rigs. CIMC Capital is committed to support the BT-5000 project and has already confirmed the participation of several industry and financial investors. The BT-5000 drilling rig is earmarked to be the next strategic semisubmersible product of CIMC Offshore. The first unit is expected to be delivered in 2017.

Return to news list