|Monday, May 01, 2000
Rigco North America, LLC has sold the semisubmersible drilling rig, FPS Laffit Pincay. The rig was sold to Odin Millennium Partnership, Ltd., an investment group assembled by Mullen-Oliver Rig Investments Group, Inc. The rig will be renamed the Odin Millennium. This rig is a H.W. Reineke/Penrod designed semisubmersible built by Marathon LeTourneau in Brownsville, Texas in 1976. The rig is currently stacked at the Friede Goldman Halter shipyard in Pascagoula, Mississippi after having just completed a special survey by ABS. The sale was conducted by Normarine Offshore Consultants.