News & Views January 2011

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New Build & Refurb MENAdrill I (Hull 109) sails away The fourth Super M2 built by MIS, MENAdrill I (Hull 109) sailed away in December following a small celebration at the company’s Sharjah yard attended by executives from the MENAdrill, MIS and Noble Denton teams. The rig is owned by MENAdrill Investment Company which was launched in 2008 by Bahrain’s First Energy Bank to focus on providing contract drilling services for offshore exploration and Aerial view of the completed MENAdrill1 development in the Middle East, North Africa, Southeast Asia and others. MENAdrill I benefitted from an extensive production engineering exercise during the design phase to simplify piping and other details and extensive modifications required by the client were carried out on the rig to prepare it for its first job. The second MENAdrill rig (Hull 110) is now following hot on the heels of Menadrill 1 and is due in early Q1 2011. The construction of the MENAdrill 1 at MIS’ yard was supervised by a team from GL Noble Denton on behalf of the owner. “The sail away and completion of MENAdrill I further boosts MIS’ credentials in the construction of offshore jack-up drilling rigs,” commented MIS Managing Director, Kevin Hudson. “That it is the first asset we deliver for MENAdrill’s fleet makes it more of a remarkable occasion. We look forward to continuing this successful relationship with MENAdrill.”

MENAdrill 1 team just before sail away.

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