Qatar: Minister of Energy Inaugurates New Drilling Rig ‘Al Jassra’

Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, Chairman and Managing Director of Qatar Petroleum and Gulf International Services (GIS), inaugurated one of the most technologically advanced offshore drilling rigs to ever work in the State of Qatar.

The inauguration ceremony took place at PPL’s shipyard in Singapore and was attended by senior executives from Gulf Drilling International (GDI) and Singaporean officials. The new drilling rig, named “Al Jassra”, has been designed to the highest standards. It will be moved to Qatar and commence working in the Al Shaheen offshore field by mid-2013 pursuant to a contract that GDI has entered into with Maersk Oil Qatar.

On the occasion, Dr. Al Sada said: “Under the enlightened guidance of His Highness the Emir, Sheikh Hamad Bin Khalifa Al Thani, Qatar is witnessing unprecedented growth at all levels, especially in the oil and gas sector. Building and launching this state-of-the-art drilling rig embodies Qatar’s growth and development. GDI has taken major steps to keep pace with the rising demand for more oil and gas wells, making it the leading provider of drilling services in Qatar.”

Dr. Al Sada thanked the Company’s management and its employees for their substantial efforts to help realize GDI’s vision to expand and capitalize on Qatar’s vigorous economic growth. “We expect GDI’s expansion plans to contribute significantly to the increased revenues of GIS, whose shares are traded on the Qatar Exchange, thereby adding more value to its shareholders“, said Dr. Al Sada.

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MEI Qatar, April 11, 2013