On 9th June 2015, the semisubmersible drilling rig, Beacon Pacific, built by CIMC Raffles for Beacon Pacific Group Ltd., cut its first steel in CIMC Raffles Yantai Shipyard.

Based on GM4-D design and former four delivered GM series semisubmersible drilling rigs experience, CIMC Raffles is cooperated with Global Maritime on the basic design and owns 80% intellectual property right. Beacon Pacific can be operated in the harsh-environmental areas like Norwegian North Sea and the Barents Sea with working depth up to 500m, drilling depth up to 8,000m, working temperature to -20℃ and DP3 dynamic positioning system and 8-point mooring system. It is satisfied with NORSOK standards and DNV GL latest specifications.

In the first quarter of 2015, COSLPROMOTER delivered by CIMC Raffles, was awarded as “Rig of the Quarter” by Statoil. Beacon Pacific is the 7th North Sea semisubmersible drilling rig of CIMC Raffles and also the 15th deepwater semisubmersible rig built by CIMC Raffles. It will be delivered at the end of 2017.