Iranian Military Returns Gulf Rig to GSP Amid Contract Dispute

This is another follow up post to "Today is the Era of Thoughts, Dialogue, and Cultural Exchanges".

Via Bloomberg:

Iranian military forces handed back control of an oil rig seized yesterday in the Persian Gulf to its Romanian owners, a company official said.

"We have contact with the rig and the Iranians have now gone," said Radu Petrescu, spokesman for Grup Servicii Petroliere (GSP), the Romanian owners of the platform, named Orizont, in a phone interview from Bucharest today.

The Romanian company was in the process of removing the rig from Iranian waters because of a contractual dispute with its client Oriental Oil Kish when it was fired on and boarded yesterday, the spokesman said.

Complete article: Iran Hands Gulf Rig Back to Driller Amid Contract Dispute

Posted on: August 24, 2006 , by newyank
Filed in: International, Iran Watch . •  1 Comment  • 
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