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!

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Thursday, 5 April 2012

SEMBCORP MARINE'S PPL SHIPYARD SECURES US$218.5 MILLION CONTRACT TO CONSTRUCT A JACK-UP RIG FOR GULF DRILLING INTERNATIONAL LTD (Q.S.C.)

Singapore, April 5, 2012 : Sembcorp Marine’s subsidiary, PPL Shipyard has secured a US$218.5 million contract to build a jack-up rig from Gulf Drilling International Ltd (Q.S.C.) (GDI), one of the largest Middle East drilling companies.

Scheduled for delivery in the first quarter of 2013, the new rig will be built based on PPL Shipyard’s Pacific Class 400 series, an established proprietary design which represents the latest generation of high-specification jack-up rigs that are capable of operating in water depths of 400 feet and drilling to depths of 35,000 feet. Equipped with technologically advanced drilling capabilities, the rig is specially customised for the intended project and has accommodation for 150 personnel with full hotel services. On delivery, this jack-up rig will be the most technologically advanced drilling rig operating in Qatar.
Posted by Createwealth8888 at 07:35
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