Building Rig for Norwegian Conditions

Beacon Holdings Group has ordered a harsh environment semi-submersible GM4-D rig from Yantai CIMC Raffles. They have also secured an option to build a second rig from the shipyard.

The rig they have ordered has been given the name Beacon Atlantic, and planned delivery is the fourth quarter of 2016. Beacon Atlantic will be built using the GM4-D-design cooperating with the shipyard and the designer Global Maritime.

The rig will be built to operate in water depths of up to 500 meters and on drilling wells down to 8,000 meters. It will be equipped with NOV-drilling package, DP3 and an eight-point mooring system.

The unit is designed to be able to operate in harsh weather conditions in the North Sea, Arctic environments and in the Barents Sea. It is built after NMA, NORSOK and PSA-standard and will be classed by DNV.

Beacon Atlantic is the second semi-submersible rig with GM4-design contracted to CIMC Raffles. The first one is North Dragon, currently under construction.

The Shipyard also confirms in a release that it is the company ordering the North Dragon, North Sea Rig AS who will lead both rig projects.