VOL. XLIV

No 50

10-December-2001

EGYPT

Crew Of GlobalSantaFe Rig RescuedIn Storm Off Egypt

GlobalSantaFe (GSF) announced on 4December that the 84-person crew of one of its oil drilling rigs offshore Egypthad been rescued by helicopter during a storm and high seas. The rig was beingtowed from the Achen field to the Port Fuad field when it broke from its cablesand started to drift towards Israeli territorial waters. GlobalSantaFe said itdid not know of any significant damage to the rig, which...