Cosco Shipping Heavy Industry has fixed a newbuild jackup rig, with UAE-based Selective Marine Services, says an article published in Splash 247.
About the deal
Cosco Shipping Heavy Industry has fixed a newbuild jackup rig, abandoned at its Dalian yard, to UAE-based Selective Marine Services.
- The deal was arranged by SinoOcean, the idle offshore asset management platform set up by the Chinese government.
- The rig was originally ordered by Indian owner Dynamic Drilling for an ONGC charter.
- Delivery of the rig to Selective is scheduled for June.
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Source: Splash 247
