LTI to deliver kit for Lamprell newbuild jackup

Lamprell Energy has awarded LeTourneau Technologies (LTI) a contract to furnish a kit and license for the construction of a third Super 116E class jackup rig.

Offshore staff

HOUSTON -- Lamprell Energy has awarded LeTourneau Technologies (LTI) a contract to furnish a kit and license for the construction of a third Super 116E class jackup rig.

LTI's delivery of the kit, which includes the rig's legs, jacking system, cranes, and other components, will occur in stages in accordance with the rig construction schedule. The initial delivery is scheduled for 4Q 2008, with final delivery scheduled for 2Q 2009.

The Super 116E rig is designed to drill in up to 350 ft (107 m) of water in moderate environmental locations and can be outfitted to handle high temperature/high pressure wells.

The rig will be built at Lamprell's Jebel Ali facility in the United Arab Emirates, with delivery expected in June 2010. Lamprell currently has two additional Super 116E class jackups under construction under license from LTI.

09/03/2008

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