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Cochin Shipyard Inks MoU With Seatrium Letourneau For Jack-Up Rig Design
This collaboration is in line with the government's efforts under the Make in India initiative, it added.
23 Nov 2024, 12:12 AM IST 
As many as 166 companies are set to release their Q2 financial results on Nov. 7. (Source: Company website)
Cochin Shipyard Ltd. on Friday said it has entered into a memorandum of understanding with Seatrium Letourneau USA, Inc. for the design and critical equipment for jack-up rigs for the Indian market.
The company said building on CSL's experience in ship construction and SLET's technical expertise and design capabilities, the partnership aims to capitalise on opportunities for mobile offshore drilling units designed to meet the needs of the Indian market.
This collaboration is in line with the government's efforts under the Make in India initiative, it added.
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