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Helix Energy Solutions Group, Inc. (Helix) has awarded the contract to build a  a second semi-submersible well intervention rig to Sembcorp Marine’s subsidiary Jurong Shipyard for  US$346 million.

Scheduled  delivery for the  semi-submersible light well intervention rig is in mid-2016.  The rig will be built based on a design jointly developed by Sembcorp Marine Technology Pte Ltd (SMTP) and Helix.

The rig has been named the “Q7000” by Helix, and will have the capabilities to perform a wide variety of tasks, including conventional and extended top hole drilling, subsea construction, decommissioning well intervention, coiled tubing operations and twin ROV deployment.

It will also be outfitted with a Dynamic Positioning (DP) class 3 unit, giving it the ability to operate in deepwater operations worldwide, including the North Sea and West of Africa.

Mr Owen Kratz, Helix’s President and Chief Executive Officer, said “We are pleased to work with our trusted partner Jurong Shipyard on this second unit of the semisubmersible well intervention rig, to be named Q7000.”

Sembcorp Marine is headquartered in Singapore, and has a network of five shipyards in Singapore – Jurong Shipyard, Sembawang Shipyard, SMOE, PPL Shipyard and Jurong SML – with strategic presence spanning Indonesia, China, India, United Kingdom and Brazil.