Gulf International Services’ (GIS) subsidiary Gulf Drilling International (GDI) has signed a definitive agreement with Seadrill for the utilisation of the offshore drilling rig ‘West Tucana’.
As a part of the agreement, the ‘West Tucana’, a ‘JU 2000E’ class, will be contracted to work in Qatar offshore for a firm period of 440 days with options in place for further extensions, a GIS spokesman said.
GDI also announced that it has signed a strategic cooperation agreement with Seadrill that provides the foundation for future synergies in Qatar’s offshore market between both the parties.
“This partnership with Seadrill will lead to greater strategic and competitive advantage strengthening our position as the leader in Qatar Offshore drilling market,” according to Mubarak A al-Hajri, GDI chief executive.
By bringing together Seadrill’s high-specification jack up fleet and GDI’s diverse customer base, he said the combination of experience would ensure delivering market-leading level of operational and safety performance to clients.
Seadrill chief executive Anton Dibowitz said the company was delighted to have signed a strategic cooperation agreement and an initial contract for the West Tucana with GDI.
“We have the scale and high specification fleet required for work now and into the future in such an important growing market as Qatar,” he added.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Ooredoo service level agreements take Qatar business connectivity to next level
Al-Sada visits Algerian-Qatari Steel Company plant
Oil prices jump 2% to hit 4-yr high
Sonatrach plans expansion in most areas of energy except for crude
Siemens nears $15bn Iraq power plant deal
Q–Tec Switchgear holds training programme
EMs are facing trade reality check after dollar breather
Poland targets new investors as equities jump after FTSE debut
Hong Kong’s surging dollar sends a warning on housing market