Oderco Oil Equipment Company has won a Dh500 million order from an unidentified US-based drilling contractor for the supply of 10 onshore rigs, the Abu Dhabi-based company's chairman said yesterday.
"We will be supplying one rig every month, January 2009 onwards. The last rig will be supplied by October next year," Dr. Samir Ghalayini told Gulf News by telephone.
He said construction of the rigs to be delivered under the order has already begun. Ghalayini declined to name the US contractor, citing confidentiality.
He said the contractor will deploy the rigs manufactured by Oderco for drilling in the US oil and natural gas fields.
"We will be supplying one rig every month, January 2009 onwards. The last rig will be supplied by October next year," Dr. Samir Ghalayini told Gulf News by telephone.
He said construction of the rigs to be delivered under the order has already begun. Ghalayini declined to name the US contractor, citing confidentiality.
He said the contractor will deploy the rigs manufactured by Oderco for drilling in the US oil and natural gas fields.
