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Ocean Holdings has been tapped by Calm Oceans to construct the first Mono - Column Platform - Lite ( MCP - Lite ) offshore platform . Designed for water depths of up to 70 m , the self - installing , mat - supported jack - up MCP - L requires no pre - loading , improving efficiency and reducing installation risk . The platform will be built at Vallianz 's Indonesia facility and is scheduled for delivery in late 2020 .