Neptune Explorer drillship completes upgrade

Oct. 15, 2009
Neptune Marine Oil & Gas, a subsidiary of Jasper Investments Ltd., completed a $340 million upgrade of its deepwater drillship, the Neptune Explorer.

By OGJ editors
HOUSTON, Oct. 15
-- Neptune Marine Oil & Gas, a subsidiary of Jasper Investments Ltd., completed a $340 million upgrade of its deepwater drillship, the Neptune Explorer.

Sembawang Shipyard in Singapore did the work. Sembawang Shipyard is a subsidiary of Sembcorp Marine Ltd.

After almost 36 months of upgrading and conversion, the Neptune Explorer now is a dynamically positioned deepwater drilling rig with a variable deckload of 7,220 tonnes.

It is equipped to work in 5,000 ft of water.