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  • Turan Drilling & Engineering awarded $300 million offshore drilling contract extension in Azerbaijan
    édité le 09/10/2023 - Plus de news de "KCA DEUTAG" - Voir la fiche entreprise de "KCA DEUTAG"


Turan Drilling & Engineering awarded $300 million offshore drilling contract extension in Azerbaijan
Turan Drilling & Engineering, a KCA Deutag and SOCAR AQS Company (SOCAR), has secured a contract extension, with a value of $300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.

The two-year extension, effective from April 2024, will see Turan Drilling & Engineering continue to deliver drilling operations and maintenance as well as procurement and warehouse management services across eight offshore platforms for an existing customer in the country.

Formed in July 2018, Turan Drilling & Engineering is a joint venture between KCA Deutag and SOCAR AQS. Jointly owned by the two companies it combines KCA Deutag’s expertise as a leading drilling, engineering and technology partner with SOCAR AQS’s unrivalled knowledge, experience and infrastructure in the Caspian region.

Ed Wheler, general director of Turan Drilling & Engineering commented: “Securing this extension is a testament to our dedication to delivering customer centric solutions in terms of technology, automation and energy optimisation projects while upholding exceptional safety standards and consistently achieving operational excellence in partnership with our customer.”

“We take immense pride in our long-standing presence and contributions to Azerbaijan’s local resource development by employing over 800 people in the country. This extension reaffirms our commitment to the country and enables us to continue providing significant employment opportunities locally, further solidifying our successful partnership and bolstering the overall growth and progress of the area.”

About KCA Deutag

With over 130 years of experience, KCA Deutag is a leading drilling, engineering and technology company working onshore and offshore with a focus on safety, quality and operational performance. It operates approximately 110 drilling rigs in 20 countries, either directly or through affiliates, employing people across Africa, Europe, Middle East and other geographies.

About SOCAR

SOCAR is one of the leading international energy companies. In order to ensure the economic interests of the Azerbaijani people, SOCAR is a major operator and participant in a number of transnational projects across the country and abroad. The company is active in all the oil and gas industry value chains. Exploration of oil and gas fields, production, processing and transportation of oil, gas and gas condensate constitute the main part of the operations of SOCAR. SOCAR also exports natural gas, oil and petrochemical products to the country's market, as well as international markets. The company's goal is to become a vertical integrated international energy company with advanced experience in the field of effective operation, social and environmental responsibility. As an important EU energy supplier, SOCAR plays a special role in the sustainable economic development of Europe.


Origine : Communiqué KCA DEUTAG

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