Raffles building Philippines rig

摘要

China's Yantai Raffles Shipyard is building the semisubmersible drilling and production unit for the Philippines' Calauit oil field that will be delivered in late 2007.Project partner Vital Resources said the multipurpose semisub will be capable of drilling in 3,281ft (1,000m) of water to a depth of 16,405ft (5,000m).