Middle East Economic Survey

VOL. LIII

No 31

2-Aug-2010

UAE

NDC Awards Lamprell Contract To Build Two Drilling Rigs

Abu Dhabis National Drilling Company (NDC) has awarded Lamprell a $317mn contract for the construction and delivery of two jack-up rigs. Work on the first rig commenced on 1 August, with delivery scheduled by the middle of the second quarter of 2012. The rigs will be deployed offshore Abu Dhabi and are capable of drilling in 200ft of water, to depths of up to 30,000ft. NDC has the...