FDC obtains Mubarak-4 for $ 12.5 million

• Thursday, 15th April 2010
• by Egypt Oil & Gas

The Fields Development Company (FDC) bought Mubarak-4 rig from the Egyptian-Chinese Company for Manufacturing Onshore Oil Rigs. Mubarak-4 was sold for $12.5 million, and said EOG learnt that it will be used in drilli ...