ERIELL WILL DRILL IRAQ
ERIELL, an international oilfield service group, has signed a contract with LUKOIL Middle East for drilling of 25 producing wells at the West Qurna-2 field in Iraq.
"Company's entry to the Iraq market marks the beginning of development of the Middle East region, which we deem extremely promising in terms of implementation of the ERIELL strategy of the contract portfolio geographical diversification", says Vitaly Dokunikhin, executive director of ERIELL Group. He believes that "operations at West Qurna-2 will allow us to gain experience required for further strengthening of the Company's positions in other countries of the region".
To implement this project, ERIELL will mobilize three ZJ70DBS drilling rigs with traveling mechanism for cluster drilling. The contract provides for the project implementation within two years, including the mobilization period of 120 days. ERIELL Group proposes to commence drilling operations early in 2016.
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