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LeTourneau Technologies Inc., of Longview, Texas, delivers its mobile jack-up oil-drilling rig, named PANUCO, from its shipyard in Vicksburg, Miss., to Sabine Pass, Texas, en route to final delivery to a subsidiary of Perforadora Central S.A. de C.V. in Mexico. The $130 million export is being supported by a $54 million Ex-Im Bank-guaranteed loan to the foreign buyer from BBVA Bancomer of Mexico City. It is the first financing of a mobile drilling rig to be guaranteed by Ex-Im Bank. (Photo: Perforadora Central Group) ...Read more |