According to reports, International Positioning and Undersea Systems Technology Company this week landed a second major order with a Far East rig builder. Nautronix secured a multi million dollar order from Keppel FELS Ltd for the supply of systems for an ultra-deepwater semisubmersible drilling rig. The vessel is under construction for ENSCO International Incorporated and it will be the second to bear Nautronix equipment - the company secured a contract for the ENSCO 8500 at the end of 2005. The latest order is for the ENSCO 8501, which is scheduled for completion by the second quarter of 2009 for mobilization to the Gulf of Mexico.
