Brief: Cosco Corporation (Singapore) updates on construction contract for two units jack-up drilling rigs

COSCO Shipping International (SINGAPORE)

07/04/2017 10:42

April 7 (Reuters) - Cosco Corporation (Singapore) Limited 
 COSC.SI  
    * Update On Construction Contract For Two (2) Units Jack-up 
Drilling Rigs 
    * "Owner and Cosco Dalian also agreed to delay delivery of 
energy engager and energy encounter until further notice" 
    * Owner and Cosco Dalian have mutually agreed to extend rig 
acceptance date of first rig, energy engager to end of Sept 2017 
    * "It is not possible to ascertain financial impact of 
rescheduling at this point in time" 
    * Owner and Cosco Dalian have mutually agreed to extend rig 
acceptance date of second rig, energy encounter to end of march 
2018 
 
Source text for Eikon:  ID:nSNZ7LLnX2  
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