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Shanchuan Heavy Industry wins a large order for a $5.4 billion drilling platform

2013-07-13 09:26

It is understood that Shanhaiguan Shipbuilding Heavy Industry Co., Ltd. and Singapore FTS DERRICKS PTE LTD have signed a contract for the construction of 2+2 CJ50-X120-D Rigs (CJ50-01/02/03/04) self-elevating drilling platforms (ship type shipyard sale and purchase). The total contract value is US$872 million, equivalent to RMB 5.388 billion, accounting for 9.2% of the company's audited operating revenue in 2012.
       According to the introduction, the contract price for the above-mentioned platform is US$218 million per platform. The contracts for two platforms came into effect on July 5, 2013, and the effective date of the other two option contracts is tentatively set for 3 months after the first two platforms come into effect.

Liwei

Address: No. 6, Xingyuan Avenue, Rucheng Street, Rugao City, Jiangsu Province

Postcode: 226500

Tel: 86-513-87268999、86-513-7268666

Fax: 86-513-87268998

Email: info@ntlw.com

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