PDVSA & Kerui Evaluate Construction of a Maintenance Base for FPO Drilling Rigs

Source: www.gulfoilandgas.com 3/4/2016, Location: South America

Petroleos de Venezuela, S.A. (PDVSA) and oil services company Kerui signed a memorandum of understanding for the establishment of a maintenance base for drilling rigs operating at the Hugo Chavez Orinoco Oil belt (FPO). The memorandum was signed during the visit of the Venezuelan High Level Delegation to China to introduce the Bolivarian Economic Agenda.

People’s Minister of Petroleum and Mining and President of PDVSA, Eulogio Del Pino, said that this agreement will advance technical and economic assessments for the construction of these facilities. "We hope to start as soon as possible, using the advantages of the decree that establishes the FPO as a National Strategic Development Zone", he said.

This drilling rig maintenance infrastructure will improve operating times of the equipment and will be part of the Socialist Petroindustrial Base in Palital, Independencia municipality of the state of Anzoategui.

Del Pino also said that he spoke with the Chinese company so that they service not only the drilling rigs they supply to PDVSA but also the 300 active drilling rigs that PDVSA currently has throughout the country.

The Chairman of the Board of, Yang Xian, said it is an honor to cooperate with PDVSA as it strengthens the excellent relations between China and Venezuela.

The Kerui Group is one of the most important companies in China as a global oil services and equipment provider. It has investments of about one billion dollars in Venezuela.


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Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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