VOL. XLIV
No 52
24/31-December-2001
CASPIAN
Dada Gorgud Rig Modernized For UseAt AIOCs Phase 1 Program
Work has begun on modernizing theDada Gorgud drilling rig at Azerbaijans Caspian Shipyard Company, a jointventure between the State Oil Company of the Azerbaijan Republic (Socar),Russias Lukoil and Keppel FELS of Singapore. Work on the semi-submersible rigis scheduled to finish in March and cost as much as $20mn. When ready, the rigwill be moved to the offshore central Azeri oilfield in...
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