Drydocks World has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design. The Agreement was signed by His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World and Mr. Paul Robert Thomson of Malta Oil & Gas Ltd..

His Excellency Buamim said, “There is a great demand for new offshore drilling rigs in the rapidly evolving upstream oil & gas sector. Our strategy to contribute to the growth of this sector has paid rich dividends. We are delighted to have made definite inroads into sophisticated engineering and construction to support this sector. Increasingly sophisticated and highly specialized drilling rigs are being used for deepwater exploration and development and this is the latest requirement of the sector and we are fully geared to meet the increasing demand.”

Tags: Drydocks World, Malta Oil & Gas Ltd.