On the 16th of September 2013, Caspian Shipyard Company (CSC) signed contract with Baku Shipyard LLC for undertaking fabrication of the pontoons and upper blocks for the construction of a semisubmersible drilling rig.

The $800 million semi-submersible drilling rig was awarded by Caspian Drilling Company (CDC) to two subsidiaries of Keppel offshore & Marine Company with Caspian Rigbuilders and Caspian Shipyard Company (CSC).

The DSS 38M rig is a Keppel design for a drilling depth of up to 40,000 ft (12,192 m) and operations in 1,000 m (3,280 ft) water depth. To withstand high winds speeds in the Caspian Sea. An 800-m (2,625-ft) self-contained eight-point mooring system will to be installed. Delivery is scheduled for late 2016.


Breadth outside pontoon 50m
Pontoon length 50m
Pontoon breadth 18m
Column length 50m
Column breadth 16,50m
Dimensions of main deck 69,50 x 69,50m
Depth to main deck 35.50m
Depth to tween deck 32.50m
Depth to lower deck 29.10m
Frame spaicing 500mm
Operation draught (Max) 20.50m
Operation draught (Min) 18.50m
Transit draught 8.80m