HOUSTON – Zentech Inc. has signed contracts with CSSC Huangpu Wenchong Shipbuilding Co. Ltd. for the construction of two Z-210 mobile offshore units. These contracts were finalized based on the letter of intent received by CSSC Huangpu Wenchong Shipyard on Sept. 23, 2015.
The Z-210 is a self-propelled, self-elevating, DP-2 capable, ABS Class, high-temperature (55°C/ 131°F) rated, four-legged mobile offshore unit capable of operating in water depths of up to 280 ft (85 m).
Ramesh Maini, president and founder of Zentech said: “These builds are very timely and will address the growing needs for lift-boats in the Middle East and Far East markets especially given the E&P expenditure trend towards shallow waters and well intervention activities.
“In addition, this will further strengthen the relationship of Zentech with CSSC, where three Zentech design R-550D jackup drilling units, capable of drilling in up to 400 ft [122 m] water depth, are already being built.”
Dong Zhincheng, vice president of CSSC Huangpu Wenchong Shipbuilding Co. Ltd. and chairman of GuangZhou Huangpu Shipbuilding Offshore Engineering Co. Ltd., said: “CSSC Huangpu Wenchong Shipbuilding Co. Ltd. is pleased to have finalized these contracts… We are also pleased to add yet another unique and innovative Zentech design mobile offshore unit to our already vast and expanding portfolio of newbuilds.”