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Essar Oilfields Services wins first contract outside India

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BS Reporter Mumbai
Last Updated : Jan 21 2013 | 2:54 AM IST

Essar Wildcat, the semi submersible rig owned by EOSL, has successfully completed the drilling campaign of Gujarat State Petroleum Corporation (GSPC) in the Krishna-Godavari basin block within the stipulated time frame.

Subsequent to the above, Essar Oilfields Services Limited (EOSL) a wholly owned subsidiary of ESPLL, has been awarded its first contract outside India, valued at approx $40 million by Vietsovpetro JV (VSP), an E&P company operating in Vietnam, for drilling a 4,800-m offshore well.

EOSL won the contract amidst stiff competition from international drilling contractors like Transocean, Diamond Offshore, Pride International and Neptune Marine Drilling.

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First Published: May 18 2010 | 6:10 PM IST

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