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Friday, July 22, 2011

OCS Group Bags Commissioning Service Contract for Drillship DDD

- OCS Group Bags Commissioning Service Contract for Drillship DDD

Friday, July 22, 2011
The OCS Group

The OCS Group has signed a definitive agreement with COSCO Dalian to supervise and manage the commissioning of the drillship Dalian Developer (DDD).

The Dalian Developer is a 6th Generation ultra-deepwater drillship and will be the world's largest drillship. With a maximum drilling depth of 30,000 ft, the drillship is designed to drill in the water depths up to 10,000 ft. The vessel will be upgradeable for enhanced well intervention capabilities, extended well testing and early field production with 1 million barrels of crude oil storage capacity.

"We are very pleased that COSCO shipyard decided to work with our company for their first drillship project," said Mr. Mark Tranfield, Managing Director of the OCS Group. "This is the third commissioning service contract we have signed in China within two years and we are very keen to continue working for shipyards and other clients in China."

The OCS Group will be assisting COSCO shipyard in giving technical advice as well as developing the commissioning procedures, schedule and philosophy, coordination and communication of the commissioning activities with the shipyard, mechanical completions and handover of documentation. Throughout the DDD project, OCS will also provide its in-house project management software (CMS), Project-TracTM, in order to assist the shipyard in facilitating the commissioning process of the project including planning, scheduling, cost control, reporting, and quality management.

The contract with COSCO shipyard became effective on 20th June 2011 and the vessel is expected to be delivered to the buyer in the third quarter of 2012, according to COSCO Corporation (Singapore) Limited.

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