New Rig from COSCO Delivered

COSCO (Nantong) shipyard delivers offshore drilling rig to Sevan Drilling

COSCO (Nantong) Shipyard Co., Ltd, a subsidiary  51% owned by COSCO Shipyard Group Co., Ltd, has delivered its new build Sevan Brasil to Sevan Drilling ASA . The Sevan Brasil semi submersible has a LOA of 99 m with a breadth of 75 m and is 24.5 meters in depth.

The rig is scheduled to commence operation under a six year charter contract with Petrobras during second quarter 2012.