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Rowan resuming rig construction

VICKSBURG — Rowan Companies Inc. of Houston, Texas, is recommencing construction of the third 240C class jack-up rig, the Joe Douglas, at its Vicksburg shipyard, with delivery expected in the third quarter 2011. Matt Ralls, Rowan’s president and CEO, said, “Earlier this year, we halted construction on this rig due to concerns over the turmoil ...

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