Aug.25th, 2016 Dalian – The delivery ceremony of 2 x LeTourneau Super

116E Jack up rigs, “Vivekanand 1” & “Vivekanand 2”, was held on

Aug.25th at Dalian COSCO shipyard. These two rigs were awarded with

the drilling contract by ONGC and will be operated at western coast

of India.

Under such depressive market, it is really breaking news for Foresight

to deliver both two rigs at same time. Successful financing is the key

point for  successful delivery. MDS is proud to be the financing

consultant, facilitating the owner to get financing from ICBC and CCB,

and covered by Sinosure.