SINGAPORE –The COSCO (Dalian) Shipyard Group Co. Ltd. has a $170-million contract from Talland Navigation Ltd. Corp. to build a LeTourneau Super 116E Class jackup drilling rig.
The rig will be built to ABS classification with notation A1 and will be self-elevating. Its drilling depth will be to 30,000 ft (9,144 m) in 350 ft (107 m) water depth. Delivery is scheduled for 1Q 2015.
Talland is a subsidiary of Foresight Ltd. (London).