Drilling Investments Ltd., a subsidiary of Societe Nationale Elf Aquitaine has recently purchased a jackup drilling rig from leading rigbuilder, Promet Pte Ltd.

The US$50-million rig, measuring 212 feet by 210 feet by 26 feet, is one of the largest three-legged jackup platform rigs. It will be fitted with three open lattice truss type legs of 430 feet in length.

This Elf's rig, designed by Baker Marine Corporation, USA, will be completed by the middle of next year. It will be equipped with Baker's electric jacking system.

This rig is capable of working in water up to 300 feet deep, and has a drilling depth of 25,000 feet. The total holding capacity in drilling position is 21,600 short tons and its jacking speed could reach up to 60 feet per hour. It can house 100 men. In addition, it is equipped with the latest offshore safety devices and a helideck. Including this new rig, Promet has constructed more than 10 offshore drilling units to date.

Other projects now underway at its yard include several additional drilling rigs, supply boats and well-service vessels.