Rigs: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

LeTourneau to Build a New Jack-Up Rig for Petrovietnam

Source: www.gulfoilandgas.com 6/1/2009, Location: Asia

Share |

Rowan Companies, Inc. announced that its wholly-owned subsidiary, LeTourneau Technologies, Inc. ("LTI") has entered into a contract to provide the rig kit, license and certain technical consultancy assistance to Vietnam's PetroVietnam Marine Shipyard J/S Company ("PetroVietnam Shipyard") for the construction of a newbuild LeTourneau Super 116E jack-up rig with 377 feet of leg. PetroVietnam Shipyard will construct the Super 116E jack-up for Vietnam Oil & Gas Group (PetroVietnam) in Vung Tau City, S. R. Vietnam.

Dan Eckermann, LTI's President and Chief Executive Officer, stated, "We are pleased to enter into this new market with PetroVietnam Shipyard and support the Vietnamese Government's interest in developing the nation's rig building industry to meet planned oil and gas export projects. This contract demonstrates our strong commitment for international growth through the supply of our state-of-the-art rig kits, rig designs and drilling equipment."

LTI's contract with PetroVietnam Shipyard, valued at approximately $40 million, provides key rig kit equipment, designed and fabricated by LTI, including the leg components, elevating system, controls, spud can materials, cantilever skidding system and hold-down structures. LTI will deliver the rig kit equipment in stages commencing in the fourth quarter of 2009 with the final shipment in the third quarter of 2010.

The Super 116E Class is one of five current LTI jack-up rig designs, and is an evolution of LTI's industry workhorse 116-C Class design. The Super 116E provides for up to 2,000 kips greater payload than its predecessor and is designed to drill in up to 350 feet of water in moderate environmental locations. The rig can be outfitted to handle high temperature/high pressure wells.

LTI built the world's first jack-up drilling rig in 1955. Today, LTI is an acknowledged leader in the supply of offshore jack-up drilling rigs with a well-known track record of dependability, a reputation for the finest technology, and a company-wide commitment to innovation and customer responsiveness.

Rigs >>

Rigs News in Vietnam >>

Rosneft's Rigs Contracts with Seadrill are at risk
  Russia >>  2/26/2015 - Seadrill also said its 70%-owned subsidiary North Atlantic Drilling believes it will be “very challenging” to close a deal with Rosneft on agreed term...
Iran Bans Buying & Renting Foreign Drilling Rigs
  Iran >>  2/20/2015 - National Iranian Oil Company (NIOC) has banned its subsidiaries from buying or hiring foreign drilling rigs and commodities. ...

RigNet Announces Resource Reallocation Plan
  United States >>  2/19/2015 - RigNet, Inc., a leading global provider of digital technology solutions to the oil and gas industry, announced that it is implementing a plan to shift...
Sakhalin Energy Molikpaq Drilling Rig
  Russia >>  2/18/2015 - Sakhalin Energy’s Molikpaq platform drilling rig was again been awarded the KCA Deutag “Offshore Rig of the Year” as part of the annual contest. The g...

Keppel Holds Naming Ceremony for Newbuild Jackup Maersk Integrator
  Singapore >>  2/16/2015 - Keppel Corporation Limited announced that Keppel FELS Limited (Keppel FELS) has delivered the ultra-harsh jackup, Maersk Integrator (492' ILC), to Mae...
Lamprell Delivers Jackup Jindal Pioneer to Dev Drilling of Singapore
  Singapore >>  2/3/2015 - Lamprell plc reported the completion of construction on the jackup Jindal Pioneer (350’ ILC) and its delivery to Dev Drilling Pte Ltd of Singapore, a ...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Vietnam Oil & Gas 1 >>  2 |

More News

Oil & Gas Companies in Vietnam >>

Related Links

Countries Quick Links

Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed