November 22, 2008

Lamprell Energy to build jack up rig for Rowan at its Jebel Ali

Khaleej Times reported that Lamprell Energy Ltd will construct a third Super 116E class jack up rig, for Rowan Companies Inc’s subsidiary LeTourneau Technologies Inc.

LTI’s delivery of the kit, which includes the rig’s legs, jacking system, cranes and certain other components, will occur in stages in accordance with the rig construction schedule. The initial delivery is expected to occur in the fourth quarter of 2008 and the final delivery during the second quarter of 2009.

As per report the rig will be built at Lamprell’s Jebel Ali facility located in Dubai with delivery expected in June 2010.

Lamprell currently has two additional Super-116E class jack ups under construction under license from LTI. This transaction highlights the strong commitment for growth in the Middle East market by both parties working together.