Caspian Drilling Company Ltd. (CDC) is preparing to build sixth generation’s new ultra-modern semi-submersible drilling rig in Azerbaijan: it has completed the tender process to select a contractor for construction of a new semi-submersible drilling rig in Azerbaijan. Caspian Drilling Company Ltd. (CDC) will obtain the duties of an operator of a new build. The new rig will be used to meet the needs of SOCAR (State Oil Company of Azerbaijan). The rig will particularly be used for drilling operations , in prospective structures and fields of Azerbaijan, such as “Umid" field, prospective structures "Babak", "Karabakh", "Ashrafi" and others. New rig will be designed to drill wells up to 8,000 meters and water depth of 1000 meters.