MHWirth Awarded Drilling Equipment Package for Drillship

Source: www.gulfoilandgas.com 12/19/2020, Location: Asia

MHWirth is pleased to announce that the company has received notification of award of a contract for delivery of a drilling equipment package to Guangzhou Marine Geological Survey (GMGS).

The contract is for delivery of the topside drilling equipment to be installed onboard a drillship operated by GMGS with expected delivery date December 2023. Total contract value is about USD 80 million. MHWirth will engage with the client to conclude the final contract terms. Signing of final contract is expected to take place in Q1 2021.

«This goes to show that we – again – are a step ahead of our competitors, as we have now won the very few drilling packages on the market in recent years,” says Eirik Bergsvik


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