The second package of drilling equipment is for a jackup drilling rig also being constructed by Keppel Fels for a drilling contractor based in the Eastern Hemisphere. The $11 million equipment package includes a top drive, solids control equipment and a V-ICIS drilling control system. The second drilling rig is also scheduled for 2005 delivery.
"We are delighted with these two customers' decisions to equip their newest offshore drilling rigs with advanced Varco drilling systems," noted John F. Lauletta, Varco's chairman and CEO. "We value our long relationship with both, and remain committed to providing them with outstanding technology and service."
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