VOL. XLVI

No 37

15-September-2003

CASPIAN

Rosneft Commissions Ship For Offshore Caspian Drilling

Russias state-owned Rosneft announced on 4 September that it had commissioned the Ispolin industrial ship which will be used for drilling on the Caspian shelf, including the Kurmangazy oil and gas structure in the Kazakh sector of the Caspian Sea. A company statement said it cost $60mn to re-equip the ship, which will be used as a floating drilling rig. Red Barricades shipbuilding works in Astrakhan...