Abstract
Since 2000, backed by with the continuing high price of oil, oil development companies have maintained their active investment stance, and the market for deepwater offshore rigs also remains active. It is one of Japan Drilling Co., Ltd.'s important corporate strategies to enter into the deepwater market.
JDC and Japan Marine United Corporation commenced the co-development process of a concept for a state of the art deepwater semisubmersible rig. In 2012 IHI Corporation joined this collaborative design project. The three companies came to an agreement that they would seek a dominant position in Japan with regard to the design development of a deepwater semisubmersible rig that will be globally competitive and highly efficient by combining the strength and expertise of the three companies.
JDC is placing great emphasis on a successful project so that it can smoothly enter the deepwater market.
This article outlines the project and the specifications of this new state of the art semisubmersible rig.