Signal Awarded TARZAN CLASS

Friday, December 09, 2005
Signal International, L.L.C. signed a contract with LeTourneau, Inc. to build a TARZAN CLASS jackup drill rig. LeTourneau is procuring the rig, the fourth TARZAN CLASS rig built for Rowan Companies, Inc., its parent corporation. Under the terms of the contract, LeTourneau will provide a license to Signal International and furnish the engineering and component kit for the elevating system, including, 445’ leg length. LeTourneau Ellis Williams Company, Inc., also a subsidiary of Rowan Companies Inc., will provide the drilling equipment package. Dick Marler, President and CEO of Signal, said the TARZAN CLASS rig will be built at Signal’s Texas facility in Orange, Texas. Delivery will be third quarter 2007.

Marler further stated, “The LeTourneau contract opens the door to establish Signal as a US alternative to foreign designed rigs and building programs.” He added, “Signal has significant resources in both its Mississippi and Texas facilities to offer both new build jackups and semi submersibles with competitive pricing and schedules.” Signal International, LLC. is a leading marine and fabrication company headquartered in Pascagoula, MS that currently employees over 1,300 workers in its two production facilities in Mississippi and four in Texas. Entering 2006, Signal has a sales backlog of over $200 million, and is offering long-term employment opportunities at all Signal locations.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

DNV GL Publishes Regulatory Roadmap for Floaters in the US

DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters.

Second Typhoon Threatens Taiwan

The Taiwan military was collecting and distributing sandbags to guard against possible flooding on Tuesday as a typhoon bore down on the island after brushing the Philippines.

Shipbuilders Vard Report Financial Fair Sailing

Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (“2Q2014”),

Navy

Sunken WW II Ship Oil Leak Plugged

Atlantic Coast Marine Group, Inc. successfully responds to World War II era motor tanker leaking massive cargo of oil into the Atlantic Ocean's waters. Beaufort,

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Today in U.S. Naval History: July 22

Today in U.S. Naval History - July 22 1802 - Frigate Constellation defeats nine Corsair gunboats off Tripoli. 1905 - Body of John Paul Jones moved to Annapolis, Md.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1336 sec (7 req/sec)