CIMC Raffles verges on jack-up deal

Double order: CIMC Raffles is allegedly on the verge of signing a deal with HVRD for jack-up pair

CIMC RAFFLES

Xu Yihe

 26 August 2012 18:42 GMT

Chinese yard CIMC Raffles is said to be on the verge of securing a contract from Singapore-based Hans van Royen Drilling (HVRD) to build two large jack-up drilling rigs.

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