Bluewhale I (Bluewhale Offshore) (Semisub)

Rig Delivered

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13 February 2017

“Blue Whale One”, a semi-submersible drilling platform manufactured by Yantai CIMC Raffles Offshore Limited (CIMC Raffles), was named and delivered to the project owner at Yantai on February 13, 2017. Equipped with two drilling towers, the platform is the most advanced semi-submersible drilling platform on earth, breaking the world’s records for the operating depth and drilling depth. In the meantime, it is the first “turn-key project” completed by a Chinese shipbuilder in the ultra-deep water field, making it a milestone in the nation’s offshore engineering sector. The platform will be jointly operated by Blue Whale and CNPC Offshore Engineering Company Limited (CPOE) for ocean energy exploration according to a previously signed service agreement between the two sides.

Source: http://www.cimc.com/en/index.php?m=content&c=index&a=show&catid=17&id=1822


More News for Operator: Bluewhale Offshore

11 Jan 2013

Frigstad Deepwater Orders US$1.3 Billion Rig Duo

Frigstad Deepwater has placed an order for the construction of two ultra-deepwater semi-submersible units from the CIMC Raffles yard in China for delivery in Q4 2015 and Q2 2016. The units will be based on Frigstad Engineering’s D90 rig design and will be able to operate in 12,000ft of water and drill down to 50,000ft making them only the second and third units globally designed to drill to these depths after the Scarabeo 9 semisubmersible rig. Frigstad Deepwater will operate the units, which have a combined construction price of US$1.3bn along with the option for the construction of four further identical units.

28 Feb 2014

CIMC Raffles begins construction of Frigstad's second semisub rig

The CIMC Raffles (CIMC) shipyard has announced that construction of Frigstad Offshore’s (Frigstad) second ultra-deepwater semisubmersible rig has begun at its Haiyang production base in China. The ‘Frigstad Deepwater Rig Beta’ is part of a two rig order placed by Frigstad at CIMC in January 2013 with construction of the ‘Frigstad Deepwater Rig Alpha’ beginning back in August 2013. The two rigs are being built to Frigstad Engineering’s D90 rig design and upon delivery will be only the second and third units constructed to the design globally, following on from the delivery of the ‘Scarabeo 9’ which was delivered by CIMC in 2011.

14 Nov 2014

Frigstad Deepwater Rig Alpha; 60% Complete

CIMC Raffles shipyard (CIMC) has announced that construction of the Frigstad Deepwater Rig Alpha semisubmersible has reached 60% completion. CIMC is currently constructing the unit alongside its sister unit (Frigstad Deepwater Rig Bravo) at the Haiyang Shipyard, China. Both units are being built to the D90 semisubmersible design and are to be equipped with a dual RamRig and DP3 positioning system. Upon completion the Frigstad Deepwater Rig Alpha will be the world’s first seventh generation ultra-deepwater semisubmersible drilling rig

14 Jan 2015

'North Dragon' hull successfully launched

CIMC Raffles (“CIMC”) shipyard in China, has announced that the successful launch of the upper hull of the GM4-D North Dragon semisubmersible drilling rig was completed on 12th January 2015. The under construction unit is being built for North Sea Rigs AS and is the eighth semisubmersible rig being constructed by CIMC in China. Its lower hull was launched on 30th October 2014.

19 Jan 2015

CIMC making progress with 'North Dragon' construction

On 19th January 2015, North Dragon, the North Sea semi-submersible drilling rig being built by CIMC Raffles for North Sea Rigs AS was successfully assembled in Yantai Shipyard. It is the first semi-submersible drilling rig capable of operating in Arctic areas that is being fully constructed in a Chinese shipyard. The North Dragon is designed to operate in water depths of 500 meters, up to 1,200 meters and will be able to drill to depths of 8,000 meters. It is equipped with Rolls & Royce power system, Kongsberg DP3 dynamic positioning system, Siemens electronic control system and NOV drilling system. Drilling section applies offline stand building system, which can connect three Drill-pipes or risers together at the same time of Drilling works going on, and adopts Horizontal automatic Hydraracker design, promoting the drilling efficiency 15%. The rig is being built based on the GM4-D design. CIMC Raffles has completed the basic design together with Global Maritime, with 80% Intellectual Property Rights.

9 Jun 2015

CIMC strikes steel on 'Beacon Pacific'

On 9th June 2015, the semisubmersible drilling rig, Beacon Pacific, built by CIMC Raffles for Beacon Pacific Group Ltd., cut its first steel in CIMC Raffles Yantai Shipyard. Based on GM4-D design and former four delivered GM series semisubmersible drilling rigs experience, CIMC Raffles is cooperated with Global Maritime on the basic design and owns 80% intellectual property right. Beacon Pacific can be operated in the harsh-environmental areas like Norwegian North Sea and the Barents Sea with working depth up to 500m, drilling depth up to 8,000m, working temperature to -20? and DP3 dynamic positioning system and 8-point mooring system. It is satisfied with NORSOK standards and DNV GL latest specifications.

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.

16 Oct 2015

North Dragon Sea Trial

According to a press release on North Sea Rigs website, the North Dragon semisub successfully completed a sea trial on Friday 16 October 2015.

26 Nov 2015

Grand ceremony for the first of three rigs built by North Sea Rigs

Several hundred people were present at the naming ceremony of North Sea Rig’s first rig, North Dragon, at the CIMC Raffles yard in Yantai, China, today. The rig company and its owners take a long-term perspective, providing rigs for cost efficient, safe and effective operations. North Dragon, Beacon Atlantic and Beacon Pacific all have a design (GM4-D) based on CIMC Raffles’ previous construction projects with rigs adapted for operations in a harsh environment. The concept has also adopted the best elements of new rig projects such as Statoil’s CAT D.

30 Mar 2016

The 2nd Ultra-deep-water Semisubmersible Drilling Rig Mating In CIMC Raffles

On March 30th 2016, Frigstad Kristiansand, the second ultra-deep-water semisubmersible drilling rig build by CIMC Raffles for Frigstad completed mating in Yantai Shipyard. As one of the deepest operating and drilling semisubmersible rigs, Frigstad Kristiansand can be operated up to 3,658 meter and drilled to 15,250 meter. Equipped with DP3 system and dual derrick, it isclassed by DNV. Frigstad Kristiansand adopts Frigstad D90 basic design. Meanwhile its detailed and production designs are completed by CIMC Raffles. Learned from Frigstad Deepwater Rig Alfa, CIMC Raffles realized several project improvements. Compared with Frigstad Deepwater Rig Alfa, Frigstad Kristiansand reduces to 2.5 million working hours. Completion of MCR is over 30% before launching.

6 Dec 2016

Frigstad Offshore exits from investment

Frigstad Offshore exits from investment in Frigstad Deepwater newbuilds and positions itself for industry recovery Frigstad Deepwater Holding Ltd, a subsidiary of Frigstad Offshore Group, has decided to sell all of its shares in Frigstad Deepwater Ltd to a subsidiary of China International Maritime Containers Group (CIMC) with effect from 6 December 2016. Frigstad Deepwater Ltd, which has been jointly owned by Frigstad Offshore Group and CIMC since 2012, has two 7th generation ultra deepwater drilling units of the Frigstad D90™ design under construction at the Yantai CIMC Raffles shipyard in Shandong, China. The units, “Frigstad Shekou” and “Frigstad Kristiansand”, are scheduled for delivery in Q1-2017 and Q3-2017 respectively. As a consequence of the above, Frigstad Deepwater Ltd will become a wholly owned subsidiary of CIMC and be renamed “CIMC Bluewhale Rig Ltd”. The operational management of the rigs will be taken over by Bluewhale Offshore Pte Ltd, also a subsidiary of CIMC, and the rigs will be renamed “Bluewhale I” and Bluewhale II”. A team from Frigstad Offshore, the current manager of the rigs, will continue to supervise the construction of the two rigs until completion. Harald Frigstad, Chairman and founder of the Frigstad Group, says in a comment: “The ultra deepwater market has been extremely challenging for a while and we have agreed with CIMC that it is in the best interests of both parties that our group exit from the investment in Frigstad Deepwater Ltd at this moment. We are doing this on friendly terms and will remain a close partner of CIMC also in the future. Our exit from Frigstad Deepwater Ltd gives us a good foundation to position the Frigstad Group for the industry recovery which we believe will come. As part of this, we are reorganising the group and strengthening the organisation in key areas, which includes expansion at our office in Kristiansand, Norway. We are investing heavily in research and development, and will be launching the next generation of our ultra deep-water semi-submersible rig design in 2017 to keep up with industry requirements for new technology and higher efficiency. We strongly believe that offshore oil and gas will still play a very important role in the global energy supply for a long time, and we will be a part of this promising industry in the years to come, both as rig designer and drilling contractor.”

6 Dec 2016

Frigstad Offshore exits from investment

Frigstad Offshore exits from investment in Frigstad Deepwater newbuilds and positions itself for industry recovery Frigstad Deepwater Holding Ltd, a subsidiary of Frigstad Offshore Group, has decided to sell all of its shares in Frigstad Deepwater Ltd to a subsidiary of China International Maritime Containers Group (CIMC) with effect from 6 December 2016. Frigstad Deepwater Ltd, which has been jointly owned by Frigstad Offshore Group and CIMC since 2012, has two 7th generation ultra deepwater drilling units of the Frigstad D90™ design under construction at the Yantai CIMC Raffles shipyard in Shandong, China. The units, “Frigstad Shekou” and “Frigstad Kristiansand”, are scheduled for delivery in Q1-2017 and Q3-2017 respectively. As a consequence of the above, Frigstad Deepwater Ltd will become a wholly owned subsidiary of CIMC and be renamed “CIMC Bluewhale Rig Ltd”. The operational management of the rigs will be taken over by Bluewhale Offshore Pte Ltd, also a subsidiary of CIMC, and the rigs will be renamed “Bluewhale I” and Bluewhale II”. A team from Frigstad Offshore, the current manager of the rigs, will continue to supervise the construction of the two rigs until completion. Harald Frigstad, Chairman and founder of the Frigstad Group, says in a comment: “The ultra deepwater market has been extremely challenging for a while and we have agreed with CIMC that it is in the best interests of both parties that our group exit from the investment in Frigstad Deepwater Ltd at this moment. We are doing this on friendly terms and will remain a close partner of CIMC also in the future. Our exit from Frigstad Deepwater Ltd gives us a good foundation to position the Frigstad Group for the industry recovery which we believe will come. As part of this, we are reorganising the group and strengthening the organisation in key areas, which includes expansion at our office in Kristiansand, Norway. We are investing heavily in research and development, and will be launching the next generation of our ultra deep-water semi-submersible rig design in 2017 to keep up with industry requirements for new technology and higher efficiency. We strongly believe that offshore oil and gas will still play a very important role in the global energy supply for a long time, and we will be a part of this promising industry in the years to come, both as rig designer and drilling contractor.”

13 Feb 2017

New Build Delivery

On Feb 13th, “Bluewhale 1”, the most advanced ultra-deep-water semisubmersible drilling rig, built by Yantai CIMC Raffles Offshore Limted (referred to as “CIMC Raffles”), was named and delivered in Yantai. As the first turnkey project in Chinese offshore ultra deepwater field, “Bluewhale 1” will be operated by CPOE together with Bluewhale to carry out the offshore energy exploration.

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