SOCAR-AQS Completed Drilling of a New Well in the Shallow Waters of Gunashli
The drilling company SOCAR AQS drilled a sidetrack well from platform No. 8 at the Gunashli field. “The depth of the well was 2985 meters. The well was successfully drilled to the Fasilya productive formation and transferred to the Azneft production association of SOCAR,” SOCAR AQS said in a statement. …
Turan Drilling & Engineering to Manage BP Procurement Activity in Azerbaijan
Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), today announces that it has been awarded a contract amendment to manage procurement, maintenance and warehousing activities on behalf of BP Exploration (Caspian Sea) Limited (“BP”). The agreement, effective 15 June 2020, means Turan Drilling & Engineering …
SOCAR AQS, Halliburton Agree on New Joint Venture
SOCAR AQS and Halliburton have announced the signing of a memo. The document marks an agreement between the companies to create a new joint venture that will provide a broad range of materials and services for the oil industry in Azerbaijan. “By uniting our unique knowledge, experience, and infrastructure in …
Turan Drilling & Engineering Wins $500 Million BP Contract in Azerbaijan
Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), today announces that it has been awarded its first contract, which is with BP Exploration (Caspian Sea) Limited (“BP”). The contract has a value of approximately $500 million for the firm period or $700 million including all …
SOCAR AQS and KCA Deutag Announce Historic Caspian Joint Venture
SOCAR AQS and KCA Deutag today announce that they have reached an agreement to form a joint venture that will target existing and future opportunities in the offshore and onshore Caspian drilling and engineering market. The joint venture, which will be jointly owned and managed, will be called Turan Drilling …