MIS gets rig load-out payment

Maritime Industrial Services has received a payment of $25.79 million from First Energy Bank, following the successful load-out of the jackup MENAdrill Hercules II (Hull 110).

Offshore staff

DUBAI, UAE -- Maritime Industrial Services has received a payment of $25.79 million from First Energy Bank, following the successful load-out of the jackup MENAdrill Hercules II (Hull 110). Rig 110 is currently at MIS' quayside for completion.

Rig 110 was launched from a barge in the Dubai Drydocks facility on July 10. It is the sixth rig loaded out by MIS and one of two contracted to First Energy Bank.

Sister rigMENAdrill Hercules I (Hull 109) was loaded out in March.

08/16/2010

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