Middle East Economic Survey

VOL. LII

No 41

12-Oct-2009

Sudan

Sudan Gears Up For Offshore Drilling

Oslo-listed Seadrill has won a contract to supply the Red Sea Petroleum Operating Company (RSPOC) with a jack-up rig for exploration drilling on Block 15 offshore Sudan. The drilling contractor said mobilization was scheduled for December this year. The assignment is expected to take around six months and cost $50mn. West Prospero, the rig that will carry out the work, is currently idle in Indonesia,...