Foresight considers Dubai relocation

Offshore staff

DUBAI, UAE – Drydocks World & Maritime World has held talks with shipping group Foresight about developing the latter’s drilling rig business.

These could include building LeTourneau Super 116E rigs at the Drydocks World yard in Dubai.

Foresight currently manages its offshore drilling, tankers, and multi-purpose vessel fleet from Cyprus, but is keen to shift its base to the UAE as a more recognized hub for maritime activity.

01/02/2014

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