SUBSEA BOP STACK BUILT FOR CASPIAN DRILLING

Shaffer Inc. recently completed construction of a multimillion dollar subsea drilling system for Caspmorneftegas, an operating company in the Republic of Azerbaijan. The subsea stack will be installed on the semisubmersible drilling rig Shelf 7 currently under construction in Astrakan in the Soviet Union. Shelf 7 will drill wells in the Caspian Sea, one of the most prolific production areas in the Soviet Union.

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