By OGJ editors
HOUSTON, Aug. 11 -- GlobalSantaFe Corp. reported that its GSF Adriatic IV jack up drilling rig sank in the Mediterranean Sea 25 miles off Port Said, Egypt, following a fire Tuesday.
At the time of the incident the rig was working at the 5,700 ton Temsah gas production platform, owned and operated by Petrobel—a joint venture of Egypt General Petroleum Co. and ENI SPA.
All 79 persons onboard the drilling rig escaped injury and were evacuated. The rig had been there for 58 days.