On August 22nd, Dalian Shipbuilding & Offshore (DSOC) officially delivered the “Haiyang Shiyou 948” platform to China Oilfield Services Limited (COSL).
This platform is the fourth JU2000E jack-up rig delivered by DSOC to COSL within one year. After delivery, the platform will go to China’s Bohai Sea for operation, which will strengthen China’s energy security and contribute to China’s Blue Sea Program.
Formerly known as “West Hyperion”, “Haiyang Shiyou 948” adopts the JU2000E design of American F&G Company. Classed by American Bureau of Shipping (ABS), the platform has a length of 70.36 meters, a width of 76.00 meters, a depth of 9.45 meters, an overall length of 55.60 meters for the cantilever beam, an overall length of 166.98 meters for the pile legs and a maximum operating depth of 122 meters, which allows it to drill in most of the world’s oceans.
COSL said that the “Haiyang Shiyou 948” platform is the much-needed equipment for China’s offshore oil and gas reserves and production, and is the fruit of the wisdom of China’s offshore oil industry. The high-quality and high-efficiency delivery of “Haiyang Shiyou 948” and the former three high-end drilling rigs will strongly enhance China’s offshore oil and gas exploration and development capacity, and will be of great significance and far-reaching impact on the protection of national energy security.
COSL and DSOC, as well as all relevant parties, have a broad space for cooperation, and should take the delivery of the platform as an opportunity to continue to strengthen communication, deepen cooperation, promote the advantages of the superposition, and strive to produce more fruitful results of cooperation, and work together to achieve win-win situation.
According to previous reports, COSL announced on September 19, 2023 that the company’s wholly-owned subsidiaries, COSL Leasing (Tianjin) Co. Ltd. and COSL (Hainan) Technical Services Co. Ltd. have entered into platform sale and purchase contracts with DSOC, respectively, for the purchase of four JU2000E jack-up drilling platforms with their own funds, at a total contract price of RMB 3,251.6 million (approximately $456 million).
The first three platforms, Haiyang Shiyou 945 (formerly West Titan), Haiyang Shiyou 946 and Haiyang Shiyou 947” have been delivered and put into service respectively. Among them, “Haiyang Shiyou 945” is classed by ABS and “Haiyang Shiyou 946” is classed by China Classification Society (CCS).
