Rig: Ocean Rig Paros

Name Ocean Rig Paros
Owner Ocean Rig
Manager Transocean
Rig Type Drillship
Sub Type Ultradeep Water
Jackup Type --
Max Water Depth (ft) 10000
Max Drill Depth (ft) 40000
Dimensions (ft) 748 x 137.7 x 39.3
Leg Length (ft) --
Competitive Yes

Current Location

Country --
Region --

Drilling Equipment

Drawworks Type --
Drawworks HP 5750
Mud Pumps Type National Oilwell Varco 14-P-220 Triplex
Top Drive --
Hookload Capacity (lbs) 2000000

Rig Construction Details

Rig Design Samsung
Rig Model S10000E
Year Built 2011
Country of Build South Korea
Yard Name Geoje (Koje) Shipyard
Group Yard Name Samsung Heavy Industries (SHI)

Rig Contract Details

Operating Status Retired
Operator Petrobras

News

25 Apr 2016

Ocean Rig Announces Acquisition of Ultra Deepwater Drillship

Ocean Rig UDW Inc. (NASDAQ:ORIG) (“Ocean Rig” or the “Company”), a global provider of offshore deepwater drilling services, announced today that one of its subsidiaries has acquired the 6th generation ultra deepwater drillship Cerrado, being sold through an auction, for a purchase price of $65 million, which will be funded with available cash on hand. The drillship was built at Samsung Heavy Industries in 2011 to similar design specifications as the Company’s existing 6 th generation drillships built at Samsung, and will be renamed the Ocean Rig Paros upon its delivery to Ocean Rig. Another subsidiary of the Company has been acting as the manager of the drillship for its previous owners. The transaction is expected to close upon completion of the judicial auction procedure.

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