There are currently 104 rigs located in China, of which 26 (including three tender-assist rigs) are yet-to-be delivered. Of these, the working fleet usually numbers under 70 units. It is mainly a shallow-water market, with jackups making up the bulk of the delivered fleet.
[pdf] The PACE®-M800 rig also features faster, more advanced walking capabilities for multi-well pad drilling. It is ideal for drilling up to four wells per pad and moves twice as fast as the PACE®-X800 rig. Features i.
[pdf] • : The said it was monitoring events in Vietnam closely, and urged restraint from all parties. Secretary of State , who is also a former , said the United States is "deeply concerned" that China has placed an oil rig in an area of the South China Sea also claimed by Vietnam, adding that the move was "provocative" and "aggressive".
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