Cosco delivers abandoned jack-up rig for drilling work offshore China -  Upstream Online

Used jack up rigs for sale - construction equipment - Mascus Things To Know Before You Buy

for the five jack-ups and will have to pay an extra cost for the recent shipment hold-up. Third,  More Details  will be significantly decreased without impacting considerably incomes. The fleet will decrease to 46 floaters and two drillship under construction. However, this number will be lower since the company is noting actually 22 cold stacked floaters and 10 floaters "held for sale". Which means that the RIG fleet may ultimately go down to around 25 floaters at the end of 2017. 10 per diluted share, web of tax ), connected with the impairment of the deepwater floaters M.G. Hulme, Jr. and Sedco 702 and the midwater floaters, GSF Rig 140, Sedco 704, Transocean Driller, Transocean John Shaw and Transocean Winner, together with related and other devices, which were categorized as properties held for sale at the time of impairment. 2 billion for the 15 jack-ups. I securely believe Evercore ISI's James West and team explanation relating to the jack-up examination is not sensible. They should not have used an average expense of $120 million per rig as they did, and.

Drill Rigs for Sale and Vessels for Sale - Sun Machinery

conclude that the cost was too expensive? In truth, I consider it as a reasonable deal and here is why. Estimated value of $290 million ($ 60 million per JU plus 30% of backlog ). 2- 5 Jack-ups cold stacked ($ 30 million each )and 1 Jack-up($ 60 million )quickly to be idle. Estimated Worth of $210 million. 3 -5 Jack-ups under-construction with delivery in 2020-2021 for a total price staying of $810 million +recent hold-up expenses. I see this deal as a positive deal for Transocean and Borr Drilling as well, who will own a competitive and relatively modern Jack-up fleet at a big discount rate. Transocean will be able to decrease net financial obligation to around$ 4. 3 billion, with a considerable lower capex in 2020-2021 and just 2 drillships under-construction to take care about. Home Ships Offshore Jack-up Rigs/ Drill Ships Only major and all set Purchaser requirement to use. Tks. Ngiamlim we can develop for charter or sale the connected Jack Up overseas Drilling Rig Requirements for review versus called buyer! roglim for charter on consider a sale for the connected Jack Up Rig Last 5 year SPS was December 2017 Please discover