UAE: NDC Orders Two Jack-Up Rigs from Lamprell

Lamprell , a leading provider of specialist engineering services to the international oil and gas and renewables industry, announces the exercise by National Drilling Company (“NDC”), Abu Dhabi, of the options for Lamprell to build two jackup rigs in addition to the rigs currently under construction by Lamprell for NDC.

The new agreement with NDC is for the construction and delivery of two jackup rigs valued at US$ 166.65 million each. As with the existing rigs under construction, these additional rigs will be completely outfitted and equipped, LeTourneau  designed, self-elevating Mobile Offshore Drilling Platforms of a Super 116E (Enhanced) Class design. The rigs consist of triangular hulls and three 310 foot truss type legs per rig, each leg with an electro-mechanical rack and pinion elevating  system, which will allow drilling in depths of up to 200 feet of water with a rated drilling depth of 30,000 feet. Deliveries are scheduled to be in Q1 2014 and Q2 2014 respectively. The work will be performed at Lamprell’s Hamriyah facility.

Nigel McCue, Chief Executive Officer, Lamprell commented:

 ”We are delighted to announce today the exercise by NDC of its options, and for the opportunity to continue to strengthen our relationship with this prestigious customer. This is another significant contract award, demonstrating the strength of  the market for jackup rigs, and reflecting our strong reputation for quality and service, whilst further extending our growing order book.”

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Source: Lamprell, October 18, 2011.