Marathon Licensee To Build Third Jackup Rig

Marathon LeTourneau Offshore Company licensee, Euroasia Shipyard Company Limited, Hong Kong, has signed a contract with Construction & Marine Services Company (S.A.K.), Kuwait, for construction of a Class 116-C self-elevating mobile offshore jackup drilling unit. Contract delivery date for the cantilever jackup is the second quarter of 1983.

This contract, Euroasia's third since March 1981, fills the first of the yard's 1983 construction slots.

Euroasia has two rig slots still available for that year.

A unique feature of the large rig is an enclosed, air-conditioned drill floor which is expected to greatly increase crew efficiency and productivity in areas with extremely high ambient temperatures.

The rig will also have a four-level crew quarters capable of housing more than 90 personnel, outfitted to the specifications of Construction & Marine Services.

Construction & Marine Services Company (S.A.K.) is the leading marine construction company in Kuwait. It operates oil drilling rigs through its subsidiary, Kuwait Drilling Company. In addition, Construction & Marine Services is the leading Kuwait company in the field of dredging reclamation. Euroasia Shipyard Company Limited is a subsidiary of the C.Y. Tung Group, the world's largest independent shipowner.

Maritime Reporter Magazine, page 21, Nov 1981

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.