CIMC Yantai Raffles in China and STX Offshore & Shipbuilding of Korea have contracted Kongsberg of Norway to supply an array of dynamic positioning (DP), automation, new generation safety, integrated navigation, hydroacoustic positioning and latest riser management systems for two new-build Frigstad D90 drilling rigs and a Bassoe Technology BT-UDS class drillship.
Total value is in excess of $24.5million. However, the Kongsberg package has options for a total of eight additional rigs which are destined for operation in the burgeoning Brazilian offshore oil and gas sector.