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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (2332)4/30/2001 1:34:08 AM
From: Tomas   of 2742
 
Rig hunger off Vietnam. Developers on prowl for units across all sectors
Upstream, April 27

A growing number of offshore rigs are making their way to Vietnam, drawn by a rise in exploration and development drilling in the country over the next three years.

There are currently four rigs working in Vietnam and two more are expected to arrive in coming months, when Samedan and BP mobilise the jack-up Atwood Vicksburg and semi-submersible Doo Sung respectively to the Nam Con Son basin.
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