VOL. XLVI
No 31
04-August-2003
CASPIAN
New Drilling Rig Inaugurated In Azerbaijan
The inauguration of the new semi-submersible Lider drilling rig took place in Baku on 24 July. The rig, which was originally commissioned by Exxon Azerbaijan Operating Company in February 2001 at a cost of $250mn (MEES, 12 February 2001), is owned by Denmarks Maersk Group and was built in Baku at the premises of the Caspian Shipyard Company by Singapores Keppel FELS. Later, Chevron Overseas Petroleum, ConocoPhillips...
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