PTTEP takes Energy Drilling’s rig for Thai drilling
- Business & Finance
Singapore’s Energy Drilling has been awarded a contract by PTTEP to provide drilling services on the Arthit field in the Gulf of Thailand.
Energy Drilling said earlier this week that this contract secured employment for the high specification tender rig EDrill-1, for a firm term of three years and four months with an option period of seven months.
The Arthit field is located 230km offshore of Thailand’s Songkhla province in the Gulf of Thailand. The field lies at a water depth of 262ft (80m) and started production in 2008.
EDrill-1 has worked continuously for PTTEP on the neighboring Bongkot field since its delivery in 2014 and has just completed a five-year drilling program in December 2019.
The beginning on the Arthit field will take place in June 2020. Before this, the rig will undergo regular maintenance work in Singapore.
Marcus Chew, CEO of Energy Drilling, commented: “We are pleased to extend and cement our relationship with premium client PTTEP. This award clearly demonstrates our operational excellence in the Gulf of Thailand as a premium provider of tender assist drilling.”
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