Middle East Economic Survey
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...