Frigstad Offshore heads to Asian yards for newbuild semi-submersible

Norwegian offshore driller Frigstad Offshore has initiated a tender process with shipyards in Asia to build a new generation harsh environment semi-submersible drilling rig.

The company is initially pricing the Frigstad D90TM AWD rig, developed by affiliate Frigstad Engineering, designed as a highly versatile and efficient tool for “all water drilling”, both in benign and harsh environments.

Harald Frigstad, chairman and owner of Frigstad Group, commented: “We have seen an increased demand among oil companies for larger and more efficient drilling units. The recent downturn has pushed the industry to make great advances within technology development. We have worked closely with major vendors and end users to incorporate this new technology into the Frigstad D90 AWDTM design which will provide our clients with unmatched capabilities and reduced well costs.”

Frigstad Offshore did not give an indication of when it hopes to have the rig in service.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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