GDI places its 3rd rig into service for Oxy Qatar.
The jack-up drilling rig 'Msheireb', which was acquired by Gulf Drilling International (GDI) earlier this year and refurbished, has been accepted by Occidental Petroleum of Qatar (Oxy) for drilling operations that are set to commence this week.
This was jointly announced by GDI, a Gulf International Services (GIS) subsidiary, and Oxy in Doha yesterday.
'Msheireb' will be the 3rd GDI rig currently in service for Oxy with the rigs 'Al Rayyan' and 'Al Wajba' already under contract.
Msheireb, GDI said, is a "very capable" rig. It has a 60ft cantilever outreach; can drill to a depth of 25,000ft; operate in a water depth of 300ft; and accommodate 116 persons.
Oxy's president and general manager Steve Kelly said, "We are pleased to mobilise our third drilling rig provided by GDI to support Oxy's active development programme".
Kelly commended GDI for the excellent performance of its rigs and looked forward to continuing to enhance the mutually beneficial relationship between Oxy Qatar and GDI. He also emphasised the importance of safe operations and expressed confidence that GDI would continue to work with Oxy Qatar to maintain and enhance the safety performance as the rig fleet expands.
GDI's chief executive officer Ibrahim J al-Othman said: "I am pleased to have attained Oxy's contractual acceptance of the rig and note with pride that Msheireb would be GDI's 8th jack-up rig to go into service."
He added that with three of its eight jack-up rigs now working for Oxy, a fine working relationship has developed with Oxy, as evidenced by the Performance Recognition Award that Oxy gave GDI signifying that GDI's safety, operational performance and equipment reliability was amongst the best of all rigs working for Oxy worldwide.
Al Othman said, "The refurbishment work has been completed and the rig will mobilise on schedule. The successful on-time commencement of this five year contract, valued at approximately QR865mn, is also very welcome."
Gulf Times Newspaper 2014 Provided by SyndiGate Media Inc. ( Syndigate.info ).