, Singapore
446 views
Photo by Eric Seddon via Pexels

Seatrium wins second order for Kingdom 4 jack-up rig

The repeat award brings the LeTourneau Super 116E Class series to its 45th global order.

Seatrium Offshore Technology has secured a repeat contract with International Maritime Industries (IMI) for the supply of equipment and license to build the LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 4.

The latest contract follows the Kingdom 3 project earlier this year at the largest shipyard in the MENA region.

The LeTourneau Super 116E Class is one of Seatrium’s next-generation jack-up designs tailored for the MENA region. These rigs feature 343-foot legs, a 1.5-million-pound hook-load capacity, and advanced cyber systems intended for demanding offshore operations.

According to the press release, the Kingdom 4 project further demonstrates IMI’s commitment to Vision 2030 objectives, including technology leadership, sustainability, and local content development.

Seatrium has designed 65% of the jack-up rigs operating in the Middle East.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.