Middle East Economic Survey

VOL. XLVII

No 33

16-August-2004

EGYPT

Fire Damages Egypts Offshore Temsah Platform, Drilling Rig Lost

A fire and explosion at Egypts offshore Temsah gasfield has caused extensive damage to the platform and the sinking of the GSF Adriatic IV drill rig, which is owned by GlobalSantaFe Corp. The fire began early on 10 August after a well blowout, engulfing both rig and platform. All 79 persons at the site, located 60kms north of Port Said in the Mediterranean Sea, were...