Socar in final stages of newbuild semisub deal

In the frame: workers at the SPS yard near Baku

GSF

By KAMA MUSTAFAYEVA Baku

 02 August 2012 22:59 GMT

AZERBAIJAN state oil company Socar plans to progress construction of new semi-submersible rig next month and final contract details are being negotiated with the likely main contractor, Singapore’s Keppel.

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