DRILLING

Frigstad cements place in deepwater exploration

A SUBSIDIARY of Frigstad Deepwater has been contracted to deliver two ultra-deep semi-submersible drilling units from manufacturer CIMC Raffles in Yantai, China, for a combined $US1.3 billion ($A1.2 billion).

Bianca Bartucciotto

The drilling units, developed by Frigstad Engineering, are capable of operating in water depths of up to 3657m and have a total drilling depth of 15,240m. The drilling units are scheduled for delivery...

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