Daily Archives: May 3, 2013
Fincantieri, one of the largest shipbuilding groups in the world, is showing its strong commitment in the offshore market, not only through its new subsidiary VARD (previously known as STX OSV), but also by providing the market with the next generation of drillship: the “OVERDRILL design” which will put the drilling contractors in condition to drill to an overall max depth of 50.000ft.
The OVERDRILL design, which has been developed by Fincantieri in cooperation with Aker Solutions, incorporates perfectly Fincantieri Offshore’s mission to offer vessels born and designed around the drilling system, maximizing its integration with the hull. Aker Solutions has supported the development of the new Fincantieri Offshore’s design based on its experience as a supplier of high quality drilling equipment and services.
Compared to other ships of this category, the ones of OVERDRILL design will also feature an increased variable deck load capacity despite reduced overall dimensions. This represent an opportunity for the drilling contractors to evolve their current fleet with a new class of vessels, featuring a higher level of performance and efficiency at the same time, which can be further adapted to their specific requirements and operational attitudes.
The number of offshore wells currently account for about 15% of the global total. Although offshore drilling activities have been successfully going on for several decades, the current phase, with its move into ultra-deep waters, might be the start of a new era.
Commenting on the new design Mr. Giuseppe Coronella, EVP of Fincantieri Offshore, said: “The offshore drilling market is driven, on the one hand, by demand for traditional standard systems and, on the other, by ultra-deepwater exploration demanding innovative solutions. With support from Aker Solutions, Fincantieri has produced a rig design that provides solutions to both these needs”.
Mr. Thor Arne Håverstad, Head of drilling technologies at Aker Solutions, said: “Fincantieri Offshore’s expertise in vessel design combined with Aker Solutions’ knowledge of drilling technologies created a very powerful partnership, which made it possible to create the OVERDRILL design.”
The drilling package is designed to meet new requirement related to water depth and drilling length with upgraded capacities, such as increased well pressure (20k) and hook load (1500st).
OVERDRILL design will be presented during the Houston OTC of May 6-10, 2013.