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North Sea Rigs

North Sea Rigs

North Sea Rigs Company specialises in building offshore drilling rigs in China on behalf of Owners.

North Sea Rigs AS (“NSRAS”) provides a unique framework to manage the building of rigs and vessels in China on behalf of Owners at competitive prices. NSRAS can provide a complete project management service and through its agreements with financial institutions can assist in sourcing equity and debt finance if required. NSRAS provides a complete management solution including site construction management and technical support in China. NSRAS will assist the Owners in marketing the vessels in Europe and North America. NSRAS had three original investors, Mancorp AS, Innovative Design Solutions AS and Landmark Holdings Ltd that have now been joined by a fourth investor which is the largest shareholder.
  • NSRAS uses the shared IP Agreement between YCRO and GM for the GM4-D designs to cooperate with both companies on the basic and detailed design issues in order to improve the rigs
  • NSRAS uses the strategic partnerships
    • Siemens delivers software/integration and electro systems
    • Rolls-Royce  delivers engines and thrusters
    • Kongsberg delivers DP system
  • NSRAS uses the close cooperation between YCRO and NOV for delivery of topsides drilling facilities (including Design, procurement, fabrication, testing and commissioning of drilling facilities including derrick, mud system, BOP, risers etc) for drilling rigs.
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