Energy Drilling providing PTTEP with drilling rig for Gulf of Thailand projects

Submitted by Paddy Harris on Thu, 2014-08-07 11:57

07th August 2014

PTT Exploration and Production has executed an agreement fixing high specification tender rig EDrill-1 for a firm term of three years; the transaction being made effective on 1 August 2014 with the Bongkot Programme commencement date set for October 2014 edrill

Energy Drilling providing PTTEP with drilling rig for Gulf of Thailand projects

The rig’s light-weight drilling-equipment set erects in three major heavy lifts and is ideally suited to the fast paced Gulf of Thailand infield drilling programmes

“This contract marks the important first step for Energy Drilling towards establishing itself as a reputable provider of tender rig solutions,” said Marcus Chew, CEO of Energy Drilling. “We are most honoured that it is awarded by PTTEP, a well-respected pioneer in the use of tender rigs in the Gulf of Thailand. We are confident that our experienced crew and superior design will result in consistent and optimal drilling performance for our client.”

EDrill-1, owned by Energy Drilling, 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 rig’s light-weight drilling-equipment set erects in three major heavy lifts and is ideally suited to the fast paced Gulf of Thailand infield drilling programmes.