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Article: MIS wins $335m rigs contract.
- Article from:
- Gulf Industry
- Article date:
- September 1, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(Image: MIS.jpg )
UAE-based Maritime Industrial Services Company (MIS) was recently awarded a $335 million contract for the design and construction of two offshore jack-up drilling rigs for Mosvold Middle East Jackup (MEJU). With this award, MIS is now positioned with a mid-2008 confirmed order backlog of $480 million, an increase of $110 million on its position at this time last year, excluding the two Orion rigs subsequently deleted from backlog, according to Jerry Smith, MIS managing director. MIS will supply the two firm rigs (Hull 106 and Hull 108) on a turnkey basis. It will be designed and built at MIS' 200,000 sq m shipyard in Sharjah, UAE. With ...