Neptune Explorer drillship completes upgrade

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.

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