2004-05-18
Following signing of the joint venture agreement between JDC and Qatar Petroleum(QP), the first Qatari drilling contractor "Gulf Drilling International Limited"(GDI) was established in Doha, Qatar. JDC holds 40% shares of the US$103.2 million capital stock in GDI while QP holds 60% shares.
| 1. | Hakuryu-3 sold and now called NAGA 1 2005/06/01 |