Issue 44/2014 - China built the first deep-sea drilling ship with independent intellectual property rights

China built the first deep-sea drilling vessel with full intellectual property rights, which was officially named "Reignwood OPUS TIGER1" on November 8
.

THE DRILLSHIP IS INVESTED BY REIGNWOOD GROUP, AND JOINTLY DESIGNED, SUPERVISED, BUILT AND OPERATED BY ITS SUBSIDIARY REIGNWOOD OPUS OFFSHORE ENGINEERING GROUP, SHANGHAI SHIPYARD AND SHIPBUILDING CO.
, LTD.
, A SUBSIDIARY OF SISONN GROUP, AND HONGHUA DRILLING EQUIPMENT COMPANY, FILLING THE GAP
IN CHINA'S HIGH-END DEEPWATER OFFSHORE DRILLING SHIP.

Liu Shaohua, Senior Vice President of Reignwood Group, said: "This is a huge breakthrough
for China's offshore engineering industry.
This TIGER drilling ship has reached the world's advanced level in terms of cost performance, use efficiency, energy consumption and reliability, and is suitable for oil and gas exploration and development
in the South China Sea and East China Sea.

For the cost of each ship, Liu Shaohua said it was inconvenient to disclose
.
But industry insiders estimate it to be between
$200 million and $300 million.

(Wang)