Non-Company Press Releases
Cuba: Scarabeo 9 rig position update, Repsol's expected spud date slips into 2012
23 November 2011
Source: Informante, Namibia
23 November 2011
Rigs love Walvis
Walvis Bay's role as a strategic port of call for sea traffic
between Asia and the east coast of the Latin American continent is
growing. Recently, the newly built oil rig "Scarabeo 9" called off
port limits at the harbor town for a crew change of 250 people and
to take in supplies and materials. Scarabeo 9" was built in
Singapore and departed Walvis Bay on Monday for a cross Atlantic
voyage to Brazil and finally to Cuba where it will execute its very
first drilling contract. The rig's owner is Italy-based operator
Saipem and the local ships agent KLD Shipping facilitated the rig's
call at Walvis Bay.
"Scarabeo 9" is equipped with a dynamic positioning system which
in essence renders the use of a conventional anchoring system
obsolete. The vessel stays in position by a system of thrusters
that keeps the vessel in position according to the required global
positioning coordinates. The rig is also self-propelled and does
not need a work boat to put it under tow, as the older generation
rigs require.
[Spanish oil major Repsol-YPF plans to begin exploratory
drilling in Cuban waters of the Gulf of Mexico at the start of
2012, the firm's chief financial officer said in a conference call
on 10 November.]
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