The offshore drilling industry is saying goodbye to a long-serving asset as the semi-submersible rig, Stena Spey, is set to be decommissioned. The 1983-built rig, a Friede & Goldman L907 (enhanced Pacesetter) design, has been a staple of global drilling operations for over four decades. Acquired by Rig Partner Decom in August 2024, the rig will be recycled by Rota Global Shipping in Izmir, Turkey.
A Storied Career Across the Globe
Stena Spey’s journey began in 1983, and over the years, the twin pontoon, column-stabilized rig proved to be a reliable and efficient workhorse. Built to handle harsh environments, the rig operated in various regions worldwide, including the North Sea, the Gulf of Mexico, and West Africa. For many industry veterans, it was more than just a rig; it was a familiar home during long shifts offshore.
Despite its success, Stena Spey was stacked in Invergordon, Scotland, after completing its final contract. While it remains in good condition, the rig’s age and the evolving demands of the industry have led to the decision to retire it. Preparations are underway, and it is expected to depart Invergordon for Turkey in early 2025, where it will be recycled in an environmentally responsible manner.
End of an Era
For those who have worked on Stena Spey, its decommissioning marks the end of an era. Few rigs have enjoyed such a long and distinguished career, and it has certainly paid for itself many times over. It’s a reminder of the constantly evolving landscape of the offshore drilling sector, where even the most trusted assets eventually step aside for newer, more advanced technologies.
As the Stena Spey heads for its final voyage, the industry bids farewell to a rig that was synonymous with resilience and reliability. Its service across multiple decades and regions is a testament to the engineering and dedication that kept it operational for so long.
Thank you, Stena Spey, for your decades of service.
