Middle East Economic Survey

VOL. LIII

No 10

8-March-2010

UAE

NDC Awards Rig Refurbishment Contract To MIS

Abu Dhabis National Drilling Company (NDC) has awarded a $55.4mn contract to UAEs Maritime Industrial Services (MIS) for refurbishment of the al-Bzoom jack-up drilling rig. The full scope of the refurbishment will not be known until the rig is brought into the MIS fabrication yard in Sharjah in late March, MEES understands. However, the work will be a major refurbishment rather than an upgrade...