BAKU, Azerbaijan, October 10. Turan Drilling & Engineering, a dynamic collaboration between industry giants KCA Deutag and SOCAR AQŞ, has achieved a significant milestone by securing a contract extension valued at $300 million, Trend reports via KCA Deutag.
The extension, spanning two years, is set to commence in April 2024 and reinforces the company's commitment to delivering top-tier offshore drilling operations and maintenance services.
Turan Drilling & Engineering, a joint venture established in July 2018, unites the unparalleled expertise of KCA Deutag, a prominent drilling, engineering, and technology partner, with SOCAR AQŞ's extensive knowledge, experience, and robust infrastructure within the Caspian region.
Under this renewed contract, Turan Drilling & Engineering will continue to provide vital drilling operations and maintenance support, along with procurement and warehouse management services. This comprehensive range of services will be executed across eight offshore platforms for the existing client within Azerbaijan.
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