Signal International awarded $35.5 million rig conversion contract

Signal International, LLC, says it has signed a contract with ETESCO Millennium Partners, LLC to convert the semi-submersible drilling rig Odin Millennium to a 272 bed accommodation vessel and offshore construction and repair platform. Dick Marler, President and CEO of Signal International, said the $35.5 million project would be performed at Signal’s East Bank yard in Pascagoula, Mississippi.