Eurasia eyes Caspian cash-in

Tapping Turkmenistan: EDC says former Soviet state alone holds potential for two new jack-ups

Reuters/Scanpix

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Bill Lehane

 28 May 2012 11:09 GMT

Russian driller Eurasia Drilling Company (EDC) has said it is confident of securing dayrates in excess of $200,000 for both its newbuild jack-ups bound for the Caspian Sea.

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