UAE Shipyard Wins Offshore Rig Contract

February 6, 2013

Lamprell signs contract to build & equip a LeTourneau designed, self-elevating Mobile Offshore Drilling Platform.

The mobile platform is to a Super 116E (Enhanced) Class design, for operation in water depths of up to 350 feet and will have a rated drilling depth of 30,000 feet. Lamprell will fabricate the jackup rig in its yard in Hamriyah. The construction phase of this project is expected to take approximately 18 months.

This is the second rig that Lamprell will construct for the Singapore-based Jindal Group. As part of the contract, Jindal has an option for Lamprell to build a further jackup rig, exercisable during a period of 6 months from the effective date of the contract.

Peter Whitbread, Chief Executive Officer, Lamprell, said: "We are delighted to be announcing a new contract win from Jindal for the construction of a Super 116E jackup rig. This is our second order from a highly valued customer and it further underlines both Lamprell's strong position within the market for jackup rigs as well as the continuing support of our existing customers. We have developed an excellent working relationship with Jindal and we look forward to delivering successfully on this crucial project."
 

Logistics News

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

ZIM CEO Eli Glickman Announces Departure

ZIM CEO Eli Glickman Announces Departure

Subscribe for Maritime Logistics Professional E‑News

Dubai's iconic Burj Al Arab Hotel will close for 18 months to undergo a refurb amid a tourism decline
Gulf crisis affects Australian and New Zealand companies, from airlines to banks
Bosnia chooses US investor to build gas link with Croatia in order to reduce reliance on Russia