Middle East Economic Survey
VOL. XLVII
No 28
12-July-2004
CASPIAN
Kazakh Authority Seize Parker Drilling Rig In Kashagan
The Kazakh authorities have seized Parker Drillings Sunkar drilling barge on the grounds that the Houston-based company owes as much as $6mn in customs duties. The move could, if not resolved soon, lead to another delay to development work in the offshore Kashagan oilfield, where the rig is employed and where commercial production is now expected to begin in 2008. Parker...
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