Wednesday, September 17, 2008

Rig lost during US Hurricane Ike

Pride International, USA, has reported that ‘Pride Wyoming’, a jackup rig operating in the Gulf of Mexico is missing.

It expects it to be a total loss following Hurricane Ike. The rig's last location was at Ship Shoal 283, approximately 145km south of Houma, Louisiana. All rig personnel were safely evacuated prior to the arrival of the storm. The company noted that the insured value of the rig is US$45 million, with US$20 million loss retention.
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