The Caspian Driller jack-up drilling rig, hired by Dragon Offshore, was inaugurated during a ceremony on 10 December 2012 in Astrakhan, Russia.
Dragon Offshore announced that the anticipated delivery time for the leased Caspian Driller jack-up rig into the Cheleken Contract Area offshore Turkmenistan is mid-2013. The M2 jack-up rig has been constructed as a self-elevating drilling unit in accordance with international marine construction standards. Upon delivery, the lease and management contract is expected to commence for an initial duration of five years, with an option to extend it for a further period of up to two years.
[mappress] December 17, 2012