Three Eurasia jackups active in Caspian Sea

Offshore staff

MOSCOWEurasia Drilling Co. (EDC) has issued a review of its operations in the Caspian Sea during the first half of this year.

The jackup Astra drilled a well for N Operating Co. in the Kazakh sector, followed by a well for Lukoil in the Russian zone.

In the Turkmen sector, the jackup Saturn drilled two wells for Petronas Carigali, while the Neptune jackup drilled three wells for Dragon Oil on the Cheleken Contract Area.

A fourth newbuild jackup, Mercury, mobilized to Turkmen waters where it is awaiting certification and license to drill/permits, currently delayed by alterations to clients’ drilling plans.

In addition, EDC drilled and completed three wells on Lukoil’s Yuri Korchagin field platform in the Russian sector.

Early this year EDC agreed a merger plan that would give Schlumberger a 46.65% stake in the company, with the option to purchase the remainder within five years of closing the deal.

However, the proposal is pending approval from the Russian Federal Anti-monopolies Service and the Commission for the Monitoring of Foreign Investment in Russia.

08/25/2015

 

Share your news with Offshore at news@offshore-mag.com

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...