Business news from Ukraine

UKRGAZVYDOBUVANNIA TO BUY MOBILE DRILLING RIG FROM CHINA’S ZHONGMAN

Zhongman Petroleum and Natural Gas Group Corp. (China) has won a tender of JSC Ukrgazvydobuvannia to buy a new mobile drilling rig with a capacity of 125 tonnes for UAH 351.08 million (VAT included). According to the ProZorro e-procurement system, Ukrgazvydobuvannia posted a notification about the plans to sign the contract on October 2. The equipment is to be delivered before May 31, 2019. Sichuan Honghua Petroleum Equipment Co., China Petroleum Technology & Development Corporation, Yantai Jereh Petroleum Equipment & Technologies Co. and Redditizio Limited took part in the tender.
According to the tender documents, the drilling rig will be used to overhaul wells with depth of up to 6,000 meters and drill wells with depth of up to 2,800 meters. As reported, at the end of 2017, Ukrgazvydobuvannia signed a contract with Bentec GmbH Drilling & Oilfield Systems (Germany) to supply five drilling rigs with a capacity of 450 tonnes (2,000 HP) for $110 million. The first rig will be supplied in October 2018.

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