Energy Drilling awarded 3 year contract for EDrill-1

August 7th, 2014

PTT Exploration & Production Public Co. Ltd has executed an agreement fixing high specification tender rig EDrill-1 for a firm term of three years. The transaction was made effective on 01 August 2014 with the Bongkot Program commencement date set for October 2014.

EDrill-1 was handed over to the Operations Preparation group in April 2014 and has been undergoing trial rig up and rig down exercises at COSCO Guangdong shipyard. The rigs light-weight Drilling Equipment Set erects in three major heavy lifts and is ideally suited to the fast paced Gulf of Thailand infield drilling programs.

News

Energy Drilling awarded 3 year contract for EDrill-1

Related news and insights

Taaleri and HitecVision accelerate Fintoil’s growth to capture surging demand for advanced biofuels

St1 Biokraft expands into Denmark with Danish Bio Commodities acquisition

Secondary placement of existing shares in SED Energy Holdings Plc successfully completed and major shareholding notification