News listings

energy-pedia general news

Seatrium awarded jack-up rig contract from International Maritime Industries


21 Feb 2025

Photo - see caption

Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 3. This milestone marks the historic beginning of new-build construction in IMI since the yard’s opening and underscores the start of an ambitious long-term partnership with IMI to construct offshore jack-ups in the Kingdom.

Seatrium provides clients the flexibility of building vessels in its yards or drawing from its suite of jack-up designs to provide rig kits to others to fulfill local content requirements. The chosen design will be the LeTourneau Super 116E Class and is part of the next generation of jack-up designs customized for operational requirements within the MENA region. These rigs will be outfitted with 343 feet of leg and 1.5 million-pound hook load while utilizing advanced cyber systems. This marks the 44th order for the LeTourneau Super 116 series of jack-ups.

Seatrium designed and built the world's first independent leg jack-up drilling rig in 1955 and is an acknowledged leader in the supply of offshore jack-up drilling rigs today. Seatrium has designed and been involved in the construction of more than half of all jack-up rigs in service and 65% of the jack-ups operating in the Middle East. These orders underscore the Kingdom's 2030 Vision for advanced technology, sustainability, and independence in offshore drilling. Seatrium and IMI representatives signed a landmark contract for the construction of next-generation offshore jack-up rigs in the MENA region.

Photo - see caption

Original announcement link

Source: Seatrium





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Union Jack Oil 149
Rose & Assocs
energy365
OPC
Telos NRG
Borchwix
Syntillica
Merlin
Bayphase
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com