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Syria-Lebanon-Iran
Iran's Navy Attacks and Boards Romanian Rig in Gulf
2006-08-22
Aug. 22 (Bloomberg) -- Iran attacked and seized control of a Romanian oil rig working in its Persian Gulf waters this morning one week after the Iranian government accused the European drilling company of ``hijacking'' another rig.
An Iranian naval vessel fired on the rig owned by Romania's Grup Servicii Petroliere (GSP) in the Salman field and took control of its radio room at about 7:00 a.m. local time, Lulu Tabanesku, Grup's representative in the United Arab Emirates said in a phone interview from Dubai today. ``The Iranians fired at the rig's crane with machine guns,'' Tabanesku said. ``They are in control now and we can't contact the rig.'' The Romanian company has 26 workers on the platform, he said.

Iran, which holds the world's second-largest oil and gas reserves, is due to respond today to a European Union-led offer of incentives aimed at persuading it to halt uranium enrichment activities that are crucial to its nuclear program. Neither the press office of Iran's oil ministry nor the one of Iran's revolutionary guards could be reached for comment when called. Today is a national holiday in Iran.

Iran urged the United Arab Emirates last week to help it return another oil rig owned and operated by the Romanian company in the same waters close to the Straits of Hormuz, through which 20 percent of the world's daily oil supply moves on tankers. Grup said it recovered its rig last week because of a contractual dispute with its Iranian client, Oriental Oil Kish.
Just how do you repo an oil rig? Wait till they're on a tea break and hotwire the ignition?
Iranian President Mahmoud Ahmadinejad suspended Oriental Oil's activities in 2005 on alleged corruption activity and ties to Halliburton Co. of the U.S. The U.A.E.-registered drilling company had signed a preliminary contract with Halliburton after winning an estimated $310 million contract to develop phases 9 and 10 of Iran's offshore South Pars gas reservoir.
You just knew Halliburton was involved
Mircea Geoana, the head of the Social Democratic Party, the main opposition party in Romania, called on the government to ``undertake all diplomatic measures necessary'' to persuade the Iranians to release the rig. He also called on President Traian Basescu in a news conference broadcast on Realitatea television to invite all political party heads to the presidential palace to ``discuss what Romania's reaction will be to this provocation.''.
Once upon a time, they'd exchange increasingly hostile notes while the fleet sailed. Sadly, those times seem to have passed.
Posted by:Steve

#15  nice post Steve! :-)
Posted by: RD   2006-08-22 16:48  

#14  Iran attacked and seized control of a Romanian oil rig..

What would Vlad Tepes do?
Posted by: Steve   2006-08-22 15:52  

#13  Just to understand how good the Iranian Navy is, how fast was the oil rig they caaught?
Posted by: plainslow   2006-08-22 15:08  

#12  Is this the big 8/22 event?

The 12th Imam will appear in Bucharest 'cuz he has the hots for Nadja Comaneci, but Imam forgets she lives in the land of Great Satan married to Bart Conner.
Posted by: BigEd   2006-08-22 13:54  

#11  Between Hezbollah's premature escalation and the British foiling of the massive aerial fireworks display, I think the Iranians were left with no arrows in the quiver for 22 Aug.
Posted by: RWV   2006-08-22 13:31  

#10  Doomsday just isn't what it used to be.

Not with a bang, but a whimper.
Posted by: Xbalanke   2006-08-22 13:01  

#9  According to Grup Servicii Petroliere, their contract with the Iranian company ended in April. So, after securing permission from the Iranian authorities, they towed their rig 'Fortuna' to the UAE for servicing.

The oil rig in the above article is the 'Orizont', a different rig owned by the same Romanian country.

This site gives a date of August 18 for the seizure of the 'Orizont', despite the Bloomberg article's claim that the whole thing happened "this morning".

The earliest article I could find about the towing of the 'Fortuna' is Aug. 15 (indeed one week ago), although none of the articles specified when that happened.
Posted by: Angie Schultz   2006-08-22 12:35  

#8  Next time try going into business with the Nrth Koreans.
Posted by: ed   2006-08-22 11:50  

#7  There appear to be several rigs owned by a Romanian company drilling in Iranian waters under a contract with the Iranian government. There has obviously been a dispute and the Romanian company removed one of the rigs. The Iranians decided to use its military to ensure that the other rig was not removed.

Placing your assets where Ahmanutjob can get his hands on them is pretty stupid.
Posted by: DoDo   2006-08-22 11:28  

#6  The rig's owners are locked in a commercial dispute with Iran. Look at this as the equivalent of sending the U.S. Marshals to seize corporate assets.
Posted by: Chuck Simmins   2006-08-22 11:15  

#5  The imam is hiding in an offshore well. An oil well.
Posted by: Nimble Spemble   2006-08-22 10:13  

#4  This is gonna bring on the Hidden Imam? Imminantize the eschaton by 'jacking an oil rig?

Doomsday just isn't what it used to be.
Posted by: Mike   2006-08-22 10:03  

#3  In December we signed an agreement with Romania to set up a forward supply base there.

The attack on this rig is a proxy attack at the US and our allies.
Posted by: lotp   2006-08-22 09:55  

#2  Is this the big 8/22 event?
Posted by: Smedley Butler   2006-08-22 09:52  

#1  Now I am confused. Is this the 1939 invasion of Poland or 1938 Czechlosovokia invasion parallel?
Posted by: DarthVader   2006-08-22 09:51  

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