In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all the hatches welded, cutting the costs to a minimum.
[pdf] The current status of the rig fleet is illustrated below: The idle Borgland Dolphin remains a financial drag, incurring daily operating expenses of USD 26,000 while generating no revenue. Management continues to actively market this rig from its current location in Las Palmas.
[pdf] Location and DesignThe Berkut oil rig, located off theRussian Pacific coast near the island of Sakhalin, is the largest oil platformin the world.. Located near Sakhalin Island off the Pacific coast of Russia, the Berkut Oil rig is the largest in the world. Weighing approximately 200,000 tons, this engineering marvel sits 35 meters below the seafloor and has an estimated maximum oil extraction capacity of 4.5 million tons annually.
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