Northern Offshore Announces Shipyard Delivery And Acceptance Of Its First New High Specification Jackup – Energy Emerger

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HOUSTON, Jan. 15, 2018 — Northern Offshore announces it has taken delivery of the first of four (4) new jackups constructed by Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS).  The Energy Emerger is a high specification jackup of the Gusto CJ-46 design rated for water depths up to 375 ft.  It is immediately available for contracting and is being offered in various strategically important regions.

Chairman and CEO (Interim) Dr. Yuanhui Sun said, “We are pleased to have taken delivery of the Energy Emerger and I wish to thank our project construction team who worked closely with the shipyard to ensure delivery of a quality built unit. I am confident that the Energy Emerger, operated by our very experienced drilling team, will be able to perform at the highest level for our most demanding of clients.  As the market improves, I believe we will see increasing numbers of contracting opportunities develop for this unit and our other high specification jackups under construction with deliveries over the next two years.  The addition of this first new unit to our rig inventory represents an important milestone in Northern Offshore's strategy to build and operate a next generation fleet of high performance jackups.” 

For further information, please contact: Paul Ravesies at +1 (281) 649-2600, or via email [email protected]

About the Company

Northern Offshore is a global offshore drilling company historically operating in the North Sea, West Africa, South Asia, Near East and Southeast Asia. The company's fleet consists of one floating production facility and six (6) high specification jackup rigs under construction.  More information on Northern Offshore may be found by visiting the company's website at http://www.northernoffshore.com

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SOURCE Northern Offshore

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http://www.northernoffshore.com

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