LETOURNEAU Technologies (LTI) has signed contracts valued at approximately US$185 million (approx $268 million) with a Brazilian construction consortium to provide the rig kit, rig design and drilling equipment for two LeTourneau Super 116E jack-up rigs.
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Editor said: Hi Andrew, Thanks for the query. It's a merge between the two companies, rather a take over. So both ADS and Easternwell came to a joint…
andrew mcinerney said: so who is taking over who???? will it be ads or do you think it will be easternwell with some mineral drilling companies???
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