I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday 7 November 2011

Total contracts Maersk jack-up

The rig is one of two currently under construction in Singapore and is expected to commence work for Total by the third quarter of 2014 on the Hild field development in the Norwegian North Sea.


“This first assignment for one of our newbuilding XL Enhanced jack-up rigs only eight months after we placed the order confirms our strong belief in an increasing demand for modern, high capacity rigs for the Norwegian market,” Maersk Drilling chief executive Claus V Hemmingsen said.

Maersk awarded Singapore yard Keppel Fels a contract earlier this year to construct two rigs based an enhanced version of the Gusto MSC CJ-70-150MD design at a combined $1.2 billion, plus an option for one more.

The Danish company said the XL Enhance design was an enhanced version of its existing ultra harsh environment jack-ups Maersk Innovator and Maersk Inspirer which are capable of operating in water depths of up to 150 metres and drilling to a depth of 9144 metres.



No comments:

Post a Comment

Related Posts with Thumbnails