UAE-based offshore builder Lamprell has received a letter of intent from its Saudi Arabian joint venture International Maritime Industries (IMI) to supply two jackup drilling rigs to an end client of IMI.
The rigs will be built collaboratively between the IMI and Lamprell. The two companies are in ongoing discussions with the end client regarding the specifications and contract terms.
Lamprell will undertake most of the fabrication work for both jackup rigs at its Hamriyah yard, in the United Arab Emirates while maximising work in Saudi Arabia to approximately 15 percent of the scope of work.
“Following Lamprell’s recent announcement regarding its ascension to Saudi Aramco’s long term agreement program, this is a further demonstration of the importance of the Saudi Arabian market to our strategic aspirations,” said Christopher McDonald, CEO of Lamprell.
“The developing relationship between IMI and Lamprell will continue to be enhanced as we construct these rigs and we are excited by the opportunity to collaborate with them on such an innovative and important project,” McDonald added.