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Friede Goldman and Ocean Rig Reschedule Rig Deliveries

Maritime Activity Reports, Inc.

August 18, 1999

Ocean Rig ASA's Bingo 9000-1 and 9000-2 deepwater semisubmersibles are under construction at Friede Goldman Offshore in Pascagoula, Miss. and have been rescheduled for delivery in the second quarter of next year. The extended delivery date for these vessels has been impacted by reasons beyond Friede Goldman Offshore's control, according to the company.
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