Drydocks World signed a Letter of Intent (LOI) with Offshore Innovation Management Ltd., to build a series of AJ 62-X135 series of multi-purpose (accommodation & construction) Jack-Up rigs. The projects will commence in 2014 and the first rig is expected to be delivered in 2016.

“This is an extension on winning “Expo 2020“. Congratulations to our leadership on achieving this landmark event which is bound to have a significant impact and will substantially boost returns for the economy of the UAE. We are delighted to have signed this LOI to construct these high performance rigs which can provide a broad range of services including the provision of accommodation and construction services, heavy lift support for hook-up and commissioning activities during installation of new topsides or in the installation of subsea structures. We have considerable experience in catering to the specialized requirements and exacting quality standards of the offshore oil & gas industry and have made deep and meaningful inroads into these rapidly evolving sectors in recent months. This is in line with our business strategy to target this market segment aggressively with added value services.” Said H.E Khamis Juma Buamim, Chairman Drydocks World and Maritime World

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