Seatrium, Cochin Shipyard form India rig collaboration

Nov. 27, 2024
Companies say they will target MODUs specifically designed for working offshore India.

Seatrium Letourneau USA has entered an MoU with Cochin Shipyard to jointly design and supply equipment for jackup rigs to the Indian market.

They aim to pursue opportunities for Mobile Offshore Drilling Units (MODUs) specifically designed for working requirements offshore India.

Courtesy Wood Mackenzie's Offshore Asset Cost Modeling Tool
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