Lamprell Bags Contract to Build Jackup for Jindal Group

UAE-based Lamprell disclosed Wednesday that it has won a contract from Dev Drilling - a company within the Singapore's Jindal Group - to build and deliver a LeTourneau-design, self-elevating unit of a Super 116E (Enhanced) Class design.

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. Lamprell will fabricate the jackup rig in its yard in Hamriyah. The construction phase of this project is expected to take approximately 18 months.

This is the second rig that Lamprell will construct for Jindal, following on from the announcement on Nov.8, 2011, when Lamprell revealed that it is constructing a Super 116E rig for delivery to Jindal in November this year.

Jindal has the option to order a second rig; exercisable during a period of six months from the effective date of the original contract.


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