Atwood Oceanics to build two jack ups

Atwood Oceanics Inc. said a subsidiary plans to build two high-specification jack up drilling rigs at an estimated total cost of $190 million each.

By OGJ editors
HOUSTON, Oct. 6
-- Atwood Oceanics Inc. said a subsidiary plans to build two high-specification jack up drilling rigs at an estimated total cost of $190 million each.

The two rigs, capable of drilling in 400 ft of water, are scheduled for delivery in September and December of 2012.

Atwood Oceanics Pacific Ltd. signed turnkey construction agreements with PPL Shipyard Pte. Ltd. to construct the drilling rigs, which will each accommodate 150 people.

Upon delivery of both new jack ups, Atwood Oceanics will have 13 mobile offshore drilling units in its fleet.

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