Atwood Oceanics orders new 400-ft jackup from PPL

Atwood Oceanics Pacific, a subsidiary of Atwood Oceanics, has exercised the first of three options and executed a turnkey construction agreement to construct a third Pacific Class 400 jackup with PPL Shipyard. The rig, scheduled for delivery on 30 June 2013, will have a rated water depth of 400 ft, accommodations for 150 personnel and significant offline handling features.

The two remaining option agreements for additional jackups must be exercised by 30 June 2011 and 31 December 2011.

The three jackups Atwood has under construction at PPL will be named the Atwood Mako, Atwood Manta and Atwood Orca.