Cosco Shipyard Group Co Ltd News

China Shipyard Delivers Tender Rig Barge

COSCO (Guangdong) Shipyard informs of the delivery of a self-erecting drilling tender barge, to the firm Energy Drilling. The tender barge has a working depth of 2,000 meters, a drilling depth of 20,000 feet and is equipped with heavy lift cranes with a safe working load of 400 metric tonnes. According to PetroWiki, Tender Assist Drilling (TADs) units were the rig of choice in the 1950s and early 1960s in the Gulf of Mexico for development drilling off fixed platforms. They are used less commonly now, but are appropriate for certain situations, and sometimes for new drilling from an aging

A similar vessel: Photo courtesy of PR Allseas

China Shipyard Delivers Offshore Pipelay Heavy Lift Vessel

COSCO (Nantong) Shipyard a subsidiary of the COSCO Shipyard Group informs it has delivered a pipelay heavy lift vessel, "SapuraKencana 1200", to its Asian buyer. The pipelay heavy lift vessel is designed to carry out multiple functions including oil piping processing, laying, installation and heavy lifting. Classed by ABS, the vessel is capable of working in shallow water of up to 200 meters with a ten-point mooring system. It is also equipped with a DP3 dynamic positioning system, which enables it to carry out heavy-lifting installation of large-scale offshore structures such as

EIVA System Leads the Way for A2SEA Jack-ups

the FAT of the second of two complete navigation and leg penetration/barge displacement monitoring system solutions to be delivered to A2SEA, an installation and service provider for offshore wind farms. The system is part of a $155 million contract that A2SEA signed with marine engineering company COSCO Shipyard Group Co., Ltd. in 2012. With final vessel delivery set for 2014, the contract covers the construction of the jack-up vessel Sea Challenger. Designed for offshore wind farm installation under demanding conditions and at deep depths, it will be the second of two sister vessels delivered

Offshore Accommodation Rig Order for COSCO

COSCO Corp. (Singapore} subsidiary COSCO Qidong Offshore Co to build the accommodation rig for European joint venture company. The contract, valued at US$200-million.is for the construction of a harsh environment semi-submersible accommodation rig for Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision. Signatory of the contract was COSCO Qidong Offshore Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd Delivery is scheduled for the first quarter of 2015.  

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