Signal International Completes Pride New Mexico Project

Signal International has completed shipyard work and delivered Pride International's Pride New Mexico, a shallow water three-legged jackup. The rig recently departed Signal's Pascagoula yard and is en route to its drilling location in the Gulf of Mexico.

Originally built in 1982, the Pride New Mexico underwent an extensive refurbishment to ensure continued compliance with regulatory and safety standards. Signal's scope of work included the addition of steel structural reinforcement to the interior leg columns; repairs to the jacking system; major renewals to the drill floor including the exterior hull and mat, wind walls and driller's cabin.

Signal also blasted and painted more than 90% of the exterior surfaces of the Pride New Mexico, from the hull to the drill floor, main deck, helicopter deck, and jacking houses. The rig's living quarters were completely renovated and updated with a satellite system for Internet connections and the addition of a company man's office and rig manager's office.

"This project was an excellent opportunity to demonstrate our first-rate capabilities," said Dick Marler, CEO and President of Signal International. "We excel in safety, quality and the ability to efficiently accomplish a substantial amount of work in a short period of time. Offshore drilling rigs are in high demand, commanding substantial day-rates. Our management and employees understand the sense of urgency when it comes to expeditiously returning rigs to drilling service in top-notch condition."

Pride International, Inc. is one of the world's largest drilling contractors. Pride provides contract drilling and related services to oil and gas companies worldwide, operating both offshore and on land in over 25 countries.

Signal International, LLC, is one of the largest marine and fabrication companies in the Gulf of Mexico providing repair, upgrade, new construction and fabrication services to the offshore and marine industry. Headquartered in Pascagoula, Mississippi, Signal currently employees over 2,500 workers in its six production facilities, two in Mississippi and four in Texas.

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