Middle East Economic Survey

VOL. LI

No 30

28-July-2008

EGYPT

EDC Orders Second Jack-Up Rig From Singapores PPL Shipyard

The Egyptian Drilling Company (EDC) has awarded a $220mn contract for the construction of a jack-up-rig to PPL Shipyard, a subsidiary of the Singapore engineering firm SembCorp Marine. It is the second such order that EDC has placed with PPL Shipyard in less than a year. The rig will be built to the same Baker Marine Pacific Class 375 deep drilling offshore jack-up rig design as...