Repsol YPF to use two Dalma rigs in Algeria

Repsol YPF SA has let a $23.24 million contract to Dalma Energy for two deep-drilling land rigs to be used in Algeria.

By OGJ editors
HOUSTON, Apr. 11 -- Repsol YPF SA has let a $23.24 million contract to Dalma Energy for two deep-drilling land rigs to be used in Algeria.

Repsol YPF operates a group that last year reported several gas discoveries in the Reggane basin of Algeria's Sahara Desert (OGJ Online, May 18, 2006).

Dalma, a wholly owned subsidiary of Aabar Petroleum Investments Co. PJSC, Abu Dhabi, owns 22 rigs, all under contract in the Middle East, North Africa, India, and Southeast Asia.

The 2,000-hp rigs under contract to Repsol YPF were built in China at a cost of $22 million each.

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