ASIA

Shipyard celebrates big rig contract

SINGAPORE-based rig builder PPL Shipyard has secured a $US213million ($A198million) contract to build a Pacific class 400 jack-up drilling rig.

Shipyard celebrates big rig contract

The high specification rig will be capable of operating in water depths of 400ft and drilling to depths of 35,000ft with facilities for 150 personnel. PPL, a subsidiary of Sembcorp Marine, said the rig...

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