Zentech signs LOI to build two MOUs

October 22, 2015

Contact: Ravi Maini, Tel. 281-558-0290 (Mobile: 713-240-9102)

CSSC Huangpu Wenchong Shipbuilding Company Limited, received a Letter of Intent on September 23, 2015, from Zentech Incorporated of Houston, Texas, USA for the building of two (2) Z-210 Mobile Offshore units.

The Z-210 is a self-propelled, self-elevating, DP-2 capable, ABS Class, 4-legged mobile offshore unit capable of operating in water depths of up to 280 feet.

Mr. Ramesh Maini, President and Founder of Zentech said, “this will further strengthen the relationship between Zentech and CSSC; where three (3) Zentech design R-550D Jack-up Drilling units, capable of drilling in up to 400 foot water depth, are being built.”

Mr. Chen Zhong Qian, Chairman of CSSC Huangpu Wenchong Shipbuilding Co. Ltd., said, “CSSC Huangpu Wenchong Shipbuilding Co. Ltd., is pleased to add yet another unique Zentech design mobile offshore unit to our already vast and expanding portfolio of new builds.”

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