Greater China
Zhenhua receives first jack-up order
Shanghai: Shanghai Zhenhua Heavy Industries has won a jack-up drilling unit order from an unnamed European owner, the first jack-up order for the company.
The 400-foot unit is scheduled to be delivered in the first half of 2015, and the company has an option for an additional unit. Zhenhua said in a release that the drilling platform is a key product for the company as it looks to transfer into the high-end offshore product market. [29/05/13]