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Antonoil Wins Contract for Workover Services in Iraq

Source: www.gulfoilandgas.com 6/28/2015, Location: Middle East

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Anton Oilfield Services Group, the leading independent oilfield services provider in China, has announced that the Group has won a bid for the provision of three wells workover and other services in middle Iraq. As the chief contractor for the project operated by an international oil company, Anton is commissioned to provide a series of services covering workover, coiled tubing acidizing and other downhole services. Iraqi Drilling Company is our working partner for the supply of workover rig equipment and operation. The contract value is estimated to stand at approx. USD17.99 million. The project is expected to kick off in early 2016.

The award of this service order denotes Anton's efforts to extend its reach from the original batch of Chinese customers to international corporate clients. This allows the Group to make its entry into new market areas in Iraq and work in collaboration with national oilfield services corporation in the country. Anton management believes the workover sector offers much potential for further development in Iraq. The smooth operation of such services would enable the Group to achieve better profitability for its workover service segment of the Group and open up new opportunities for business overseas.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects

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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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