SWS rig deal

By Xu Yihe

 24 February 2012 01:40 GMT

Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) has secured a firm deal to build one jack-up rig for China Petroleum Offshore Engineering (CPOE), with an option to build a second similar unit.

The yard is committed to building the JU2000E unit, with a working water depth capability of 400 feet, at its yard in Shanghai. Delivery is scheduled for 2014.

CPOE is the offshore service unit of China National Petroleum Corporation, whose operations are largely centered in the shallow waters.



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