Rongsheng Receives Two Jack-Up Rigs Orders

Business & Finance

Rongsheng Receives Two Jack-Up Rigs Orders

China Rongsheng Heavy Industries Group Holdings Limited has received two CJ46 jack-up rigs EPC contracts, with a total contract value of exceeding USD 360 million. The contracts mark the first jack-up rig orders received by the Group.

“With sound developments made in our transformation and advancement strategy, China Rongsheng Heavy Industries is accelerating its growth into the high-end offshore equipment manufacturing field as a world-class offshore engineering service provider,” said the China-based company in a press release.

The two 1+1 jack-up rigs contracts are separately signed with two Singaporean customers.

The rigs ordered measure 65.25 meters in length overall, 62 meters in breath overall and 8 meters in depth of hull. The rigs will be able to operate in water depth of 112 meters and will have maximum drilling depth of 9,144 meters.

[mappress]
 March 25, 2013