Self-propelled North Sea jackups ordered

Seajacks International Ltd will build two four legged self-propelled jackup units for well intervention and platform maintenance services in the southern North Sea for Lamprell Energy Ltd.

Offshore staff

DUBAI, UAE-- Seajacks International Ltd will build two four legged self-propelled jackup units for well intervention and platform maintenance services in the southern North Sea for Lamprell Energy Ltd.

These units will be delivered and available for work in the North Sea from 1Q 2009 and 2Q 2009 respectively.

Seajacks units are designed to comply with UK, Dutch, and Danish sector regulations by GustoMSC. They are outfitted with DP-2 dynamic positioning capability.

6/6/07

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