La Muralla IV (Grupo R) (Semisub)

Fairmount Glacier Delivered La Muralla IV to Mexico

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05 March 2013

Tug Fairmount Glacier has delivered rig La Muralla IV in Bay of Campeche, Mexico. The rig has been towed from Okpo, South Korea, via Sunda Strait and Cape of Good Hope. La Muralla IV is a brand new semi-submersible drilling rig for ultra-deep water operations, owned by Mexican Grupo R. The rig is constructed by Deawoo Shipbuilding & Marine Engineering in South Korea. La Muralla IV is designed to drill up to depths of 10,000 meters. Fairmount Marine’s Fairmount Glacier hooked-up with the rig at the end of October last year offshore the port of Okpo, South Korea. The convoy sailed via Sunda Strait and the Cape of Good Hope towards the Gulf of Mexico, where it arrived at the end of February after covering a distance of over 16,200 miles with an average speed of 6.6 knots. During the voyage bunker stops were made in Singapore, Mauritius, Walvis Bay and Curacao. At Mauritius the Fairmount Glacier performed several runs between the port and the La Muralla IV to transfer cargo and crew.

Source: http://www.fairmount.nl/index.php/news/detail/256


More News for Operator: Grupo R

28 Mar 2016

Delivery of Cantarell I and II

Offshore Drilling Holding S.A. (“ODH” or “The Company”) announces that on March 24, 2016 the company took delivery of the first two Jackup rigs: Cantarell I and Cantarell II from Keppel FELS shipyard. Final payment of the Construction Contracts was done with the support of several international banks that structured, closed and funded a project finance loan, backed by the assets and the revenues from the respective charter contracts with PEMEX. It is important to state that the shallow water is a division of Offshore Drilling Holding, but it is not part of the structure of the Bond. Cantarell I and Cantarell II departed today March 28, 2016 from Singapore to Mexico on board a heavy lift vessel and are scheduled to commence operations in the Gulf of Mexico on August 1st, 2016, under the same terms previously announced by the Company. José Ramiro Garza, CEO of ODH states: “We are living in challenging times in the oil industry worldwide, particularly in the offshore drilling services market. Fortunately, we were able to complete the payment and delivery of our first two premium Jackup rigs and now we are scheduled to commence operating in August this year. We continue working hard and doing what is in our hands to accomplish the work plan previously announced by the Company in connection to our operations in shallow and ultra-deep water.”

28 Mar 2016

Delivery of Cantarell I and II

Offshore Drilling Holding S.A. (“ODH” or “The Company”) announces that on March 24, 2016 the company took delivery of the first two Jackup rigs: Cantarell I and Cantarell II from Keppel FELS shipyard. Final payment of the Construction Contracts was done with the support of several international banks that structured, closed and funded a project finance loan, backed by the assets and the revenues from the respective charter contracts with PEMEX. It is important to state that the shallow water is a division of Offshore Drilling Holding, but it is not part of the structure of the Bond. Cantarell I and Cantarell II departed today March 28, 2016 from Singapore to Mexico on board a heavy lift vessel and are scheduled to commence operations in the Gulf of Mexico on August 1st, 2016, under the same terms previously announced by the Company. José Ramiro Garza, CEO of ODH states: “We are living in challenging times in the oil industry worldwide, particularly in the offshore drilling services market. Fortunately, we were able to complete the payment and delivery of our first two premium Jackup rigs and now we are scheduled to commence operating in August this year. We continue working hard and doing what is in our hands to accomplish the work plan previously announced by the Company in connection to our operations in shallow and ultra-deep water.”

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