Alliance Driller 3 (Alliance Offshore Drilling) (Jackup)

TSC Group exercises options for two newbuild jackups

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30 June 2015

TSC Group Holdings Limited (“TSC)” is pleased to announce that on 29th June 2015, its wholly-owned subsidiary, Alliance Offshore Drilling (“AOD”) exercised options to build two additional R-550D jack-up rigs at CSSC Huangpu Wenchong Shipyard (“HPWS”) in Guangzhou, China. The contract signing follows the continued positive market response received for the first R-550D rig, AOD1, which is currently in the final phase of installation and commissioning at HPWS. The first newbuild hull (H6006) is scheduled for delivery before 31st December 2017, whilst the second (H6007) is scheduled for 30th June 2018. Meeting with the press after the signing ceremony, TSC Chairman, Mr. Jiang Binghua said “We are very pleased with this opportunity which is based on the strong foundation and excellent collaboration established during the AOD1 construction. Today’s R-550D signing signifies TSC and our alliance partner’s abilities to provide a rig for the future which is cost effective and technologically superior.” TSC, through its subsidiary AOD, is committed to achieving excellent standards and quality established during the AOD1 construction to ensure that the two additional R-550D rigs are delivered safely, on time and on budget. Mr. Chen Zhongqian, the Chairman of HPWS, also said today at the contract signing ceremony that “We are committed to a long term strategy on the oil and gas sector and we are firmly of the belief that the R-550D offers the best value for money for the future of jack up rigs.” These projects emphasize the long term commitment and confidence of the strategic alliance partners, HPWS, Zentech and TSC, in promoting HPWS to the forefront of the global offshore marine construction industry. The current R-550D under construction was undocked on 15th May 2015 on schedule with commendable safety and quality standards. Performance of the rig is augmented by the support of experienced professionals on the project management teams.


More News for Operator: Alliance Offshore Drilling

12 Sep 2014

Alliance offshore orders newbuild Zentech jackup

TSC Group Holdings Limited (TSC) has announced that its wholly owned subsidiary Alliance Offshore Drilling Pte.Ltd (AOD) has entered into a construction contract for the delivery of a Zentech designed R-550D jackup drilling rig. AOD have placed the order for the newbuild jackup at China State Shipbuilding Corporation’s (CSSC) Huangpu Wenchong Shipbuilding Company yard in China. The unit is expected to be delivered within 26 months and will be capable of operating in water depths up to 400ft. AOD have one other jackup currently under construction at the same shipyard, ‘Alliance Driller 1’ is expected to be delivered in Q3 2015.

25 Mar 2016

Steel Cutting Ceremony Held For R-550D AOD2 (H6006) Main Hull

On March 25, 2016, Alliance Offshore Drilling (AOD), a wholly owned subsidiary of TSC Group Holdings Limited (“TSC”) held a steel cutting ceremony for the second R-550D (H6006) jack-up drilling unit, AOD2 at CSSC Huangpu Wenchong Shipyard (“HPWS”) in Guangzhou, China. AOD and HPWS entered into a contract to construct the rig in June 2015, following the positive market response received for the first R-550D jack up rig, which recently completed its full jacking trial and is in the final phase of installation and commissioning at HPWS. Notably, a steel cutting ceremony for the R-550D AOD2 rig was held in October, 2015 followed by a keel laying ceremony in December, 2015.

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