Gulf Oil and Gas accountACCOUNT

Gazprom Neft Joins Forces with Sberbank to Launch New Joint Rigs

Source: www.gulfoilandgas.com 1/15/2020, Location: Asia

Gazprom Neft and Sberbank Leasing have entered into a series Cooperation Agreements as part of a joint project on providing drilling services. Pursuant to these agreements, Drillmec Drilling Technologies is to build three drilling rigs, which will be transferred to the current contractor for use at Gazpromneft-Noyabrskneftegaz facilities.

These modern drilling rigs will be constructed and commissioned in 2021, following which they will be transferred to management at Garant Service, a Gazpromneft-Nefteservis — Sberbank Leasing joint venture. This equipment will meet the latest industrial safety standards and advanced-technology criteria, increasing drilling speeds and cutting labour costs. Equipment partners’ key requirements include maximum automation of tripping operations, high-powered drilling pumps, an automated casing and drill-piping system, an automated tooling and equipment operating-time recording system, and the opportunity to utilise predictive analytics in improving efficiency in facility and plant maintenance.

As part of this pilot project contractor KAToil-Drilling will lease these rigs in drilling wells at Gazpromneft-Noyabrskneftegaz’ Vyngayakhinskoye field. Selection of the drilling contractor and equipment manufacturer was undertaken on a competitive basis. This project is being implemented under an agreement signed between Gazprom Neft and Sberbank in May 2018. This is the first time a strategy of this kind in procuring drilling equipment and managing drilling operations has been used in the Russian market.

«Creating an ecosystem integrated with the market means the company can achieve a whole new level in production processes and safety throughout Gazprom Neft assets. This new format, of mutually beneficial partnerships, will facilitate the emergence of new high-tech equipment on the market, as well as increasing contractors’ competencies in using it. We are investing not just financial but also serious organisational input in developing the Russian drilling-services market. I am confident that this project, being undertaken with Sberbank Leasing, will give the market a very necessary mechanism, which will be widely used in the future».

«Cooperating with Gazprom Neft on such a major project marks the next step in developing leasing in the oil and gas industry. The signing of this agreement should facilitate the retooling process in drilling services, as well as the modernisation and updating of equipment, and we are delighted to be making our own contribution to that process. We are always open to innovation and are ready to bring cutting-edge leasing solutions to the market. We have everything we need for this: resources, technologies, services and, most importantly, a strong, highly professional team».

Rigs >>

Rigs News in Russia >>

Indonesia >>  3/31/2020 - Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline. Several oil companies have already made significant cuts to ...
Mexico >>  3/26/2020 - Valaris plc continues actively working to recover or replace the blowout preventer (BOP) stack on VALARIS DS-8 following a non-drilling incident earli...

Ghana >>  3/24/2020 - Maersk Drilling has received a notification from Tullow Ghana Ltd. of early termination for convenience of the drilling contract for the drillship Mae...
United Kingdom >>  3/19/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. ...

Egypt >>  3/9/2020 - Shelf Drilling, Ltd. (SHLF) has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with B...
United Kingdom >>  3/9/2020 - With reference to our press release of 30 January 2020, Awilco Drilling PLC is pleased to confirm that a contract has been signed with Petrofac Facili...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.