PPL Shipyard Pens $214.3 m Rig Deal

Marco Polo Marine’s wholly-owned subsidiary, Marco Polo Drilling (I) Pte. Ltd. (MP Drilling), today entered into a rig construction contract with PPL Shipyard Pte Ltd (PPL), a subsidiary of Sembcorp Marine Limited.

The contract is for the construction of a high-specification jack-up rig based on PPL’s proprietary Pacific Class® 400 design.

The new rig, estimated to be worth $214.3 million, is scheduled for delivery in the fourth quarter of 2015.

In addition, PPL has granted an option to MP Drilling, for the second and third unit to be delivered in the third quarter of 2016 and first quarter of 2017.

 

marcopolo, February 26, 2014

Share this article

Follow World Maritime News

Posted on February 26, 2014

In Depth>

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >

Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >