Turkey Signs Contract to Sink Two Wells in Med

Turkey’s state-owned oil company Turkish Petroleum (TPAO) has awarded Houston-based Rowan Company a two-well contract in the Mediterranean Sea for an estimated duration of 100-140 days, Turkish daily ‘Sahah’ reports.

The company’s N-class jack-up rig Rowan Norway is expected to commence operations in late 2018. The Rowan Norway is currently warm-stacked [meaning idle but operational] in the UK sector of the North Sea.

North Cyprus News - Turkish Drill Ship - FatihIn late May, Turkey’s first drilling vessel, which was named after Istanbul’s conqueror Ottoman Sultan Fatih Sultan Mehmet, sailed off to the Mediterranean to start the country’s first deep-sea drilling operations. It is capable of drilling to a maximum depth of 12,000 meters. The first drilling well will reach 2,600 meters in depth.

Rowan is a global provider of contract drilling services with a fleet of 27 mobile offshore drilling units composed of 23 self-elevating jack-up rigs and four ultra-deep-water drill ships.

Additionally, the company is a 50/50 partner in a joint venture with Saudi Aramco in ARO Drilling, which owns a fleet of five self-elevating jack-up rigs that operate in the Arabian Gulf. Its Class-A Ordinary Shares are traded in the New York Stock Exchange (NYSE).

Daily Sabah

Other Stories

Ads Blocker Image Powered by Code Help Pro

Ad Blocker Detected

We have detected that you are using extensions to block ads. Please support us by whitelisting our website in your ad blocker.

Powered By
100% Free SEO Tools - Tool Kits PRO