The Sevan Driller, the world's first cylinder-shaped deep sea water crude oil rig and bulky storage platform, which is constructed by the Nantong Shipyard under China Ocean Shipping (Group) Company (COSCO), is unveiled during a launching ceremony in Nantong City, east China's Jiangsu Province, June 28, 2009. The rig boasts a capacity of drilling wells up to 40,000 feet in water depths of up to 12,500 feet, a variable deckload of more than 15,000 metric tons and high storage capacity of bulk materials. [Xinhua] |