GlobalSantaFe to resume operations in Kuwait

April 11, 2003
GlobalSantaFe Corp. Chief Operating Officer Jon Marshall said Friday that conditions in Kuwait have stabilized enough to allow rig operations to resume safely and the company is preparing to resume drilling operations.

By OGJ editors

HOUSTON, Apr. 11 -- GlobalSantaFe Corp. Chief Operating Officer Jon Marshall said Friday that conditions in Kuwait have stabilized enough to allow rig operations to resume safely and the company is preparing to resume drilling operations.

Six rigs were placed on standby mode Mar. 17, and the first is expected to resume operations by Apr. 17. A total of eight land rigs are expected to be fully operational by the end of April, including Rig 102 and Rig 155, which were not operating when the other units shut down (OGJ Online, Mar. 14, 2003).