Project Background and Objective
Client: Arabian Drilling Company.
Asset: Cantarell I & II
Location: Mexico and Dubai.
Project Duration: Not to be disclosed.
Background: The Client engaged Svend A. Maier and Pareto Offshore to source two suitable jack-up drilling units to meet specifications for operation with Saudi Aramco.
Objective: To identify and acquire two suitable jack-ups, and to reactivate and prepare the assets for relocation from Mexico to Dubai.
Brokerage/Asset Survey
Pelago Management led the preliminary survey conducted on the rigs. In close collaboration with Pareto Offshore, we assisted in identification and allocation of the two units and helped facilitate the execution of the seller/buyer agreement in international waters.
Project Management
Pelago Management prepared a detailed project execution plan, including timelines and critical paths, and in collaboration with ADC managed each phase of the project.
- Asset & Operational Preparation
- Project execution
- Crewing
- Regulatory and certification
- Operational readiness
- Equipment assessments
- Tow- and load-out preparation
Contact information
Tor Inge Gran
tig@pelagomanagement.com
Asset Specifications (Cantarell I/II):
Design: KFELS B Class
Type: A1 Self-Elevating Drilling Unit
Maximum Water Depth: 400 ft.
Leg Length: 400 ft+ Independent Leg Cantilever (ILC)
Drilling Depth: 30 000 ft.
POB: 120
