Cameron to Supply Drilling Package for New UDW Drillship

Cameron announced today that it has received an order from STX Offshore & Shipbuilding Co., Ltd., totaling approximately $275 million, to supply a complete drilling equipment package for a 12,000 foot ultra-deepwater drillship.

STX Offshore & Shipbuilding Co., Ltd. has a contract to build a new drillship from Sigma Drilling Ltd., of which Vantage Drilling Co. is a partner. This order represents Cameron’s first complete rig package for a newbuild drillship.

Chairman and CEO of Cameron, Jack Moore, commented, “After TTS Energy’s successful completions of several full equipment packages for jackup drilling rigs, we now welcome the opportunity to provide a complete drilling equipment package for a drillship. We look forward to showcasing our capabilities on this project.”

The drillship will be built in STX Jinhae Yard in South Korea and is scheduled to be delivered in the second half of 2015.

Related:

STX Offshore & Shipbuilding Confirms Securing Drillship Order

Vantage Drilling Invests in Sigma and New Drillship

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Press Release, November 26, 2012