Dubai: Dubai's Drydocks World has signed a Letter of Intent (LOI) with Offshore Innovation Management Ltd to build a series of giant jack-up rigs to be used for accommodation and construction.
Work will begin next year and the first rig is expected to be delivered in 2016.
The 86m x 95m AJ 62-X 135 stand 185m in height and weigh 26,000 tonnes and can accommodate up to 490 people. [05/12/13]
