IMI approaches Lamprell for newbuild jackups

Dec. 27, 2018
Lamprell has a letter of intent from International Maritime Industries in Saudi Arabia to construct two jackup drilling rigs.

Offshore staff

SHARJAH, UAE – Lamprell has a letter of intent from International Maritime Industries (IMI) in Saudi Arabia to construct two jackup drilling rigs.

IMI is a maritime joint venture in which Lamprell is a partner. Discussions continue on the specifications and contract terms.

The rigs will be built according to Schedule G requirements for operations in Saudi Arabian waters, with most of the fabrication work performed at Lamprell’s Hamriyah yard in the UAE.

Saudi content will account for around 15% of the work scope.

12/27/2018