Rowan unit lets contract for Tarzan jack up

Rowan Cos. Inc. subsidiary LeTourneau Inc., Houston, has let a contract to Signal International LLC, Pascagoula, Miss., for a fourth Tarzan-class jack up (OGJ July 14, 2005, p. 56).

Dec. 13, 2005

By OGJ editors
HOUSTON, Dec. 13 -- Rowan Cos. Inc. subsidiary LeTourneau Inc., Houston, has let a contract to Signal International LLC, Pascagoula, Miss., for a fourth Tarzan-class jack up (OGJ July 14, 2005, p. 56).

LeTourneau will provide a license to Signal and furnish the engineering and component kit for the elevating system, including 445 ft leg length. LeTourneau Ellis Williams Co. Inc., also a subsidiary of Rowan, will provide the drilling equipment package.

The Tarzan IV will be built at Signal's facility in Orange, Tex., with delivery scheduled for the third quarter of 2007.