Hamriyah lamprell

Lamprell Awarded Super 116E Jack-Up Newbuild Contract from Jindal

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February 6, 2013

Lamprell’s Hamriyah yard

UAE-based shipyard Lamprell announced today that it has been awarded a newbuild contract from Dev Drilling for the construction and delivery of a completely outfitted and equipped, LeTourneau-designed, Super 116E (Enhanced)-Class Jack-up drilling rig.

Dev Drilling Pte Limited is a subsidiary of the Singapore-based Jindal Group.

The rig is designed to operate in water depths of up to 350 feet and will have a rated drilling depth of 30,000 feet.  The construction phase of this project will take place at Lamprell’s yard in Hamriyah and is expected to take approximately 18 months. This is the second rig that Lamprell will construct for Jindal, following on from the announcement on 8 November 2011 pursuant to which Lamprell is constructing a Super 116E rig for delivery to Jindal in November 2013.

As part of the contract, Jindal has an option for Lamprell to build a further jackup rig, exercisable during a period of 6 months from the effective date of the contract.

Peter Whitbread, Lamprell’s Chief Executive Officer comments:

“We are delighted to be announcing a new contract win from Jindal for the construction of a Super 116E jackup rig. This is our second order from a highly valued customer and it further underlines both Lamprell’s strong position within the market for jackup rigs as well as the continuing support of our existing customers. We have developed an excellent working relationship with Jindal and we look forward to delivering successfully on this crucial project.”

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