Naftohaz to Purchase More Rigs for Black Sea Shelf

June 3, 2013

Naftohaz Ukrayiny will buy two new drilling rig platforms to develop the Black Sea shelf, Ukrainian Energy Minister Eduard Stavytskiy said during a recent tour of the Petro Godovanets jack-up drilling rig in the Black Sea, Oil Review reports. 

"In terms of financing, Naftohaz is looking at acquiring two rigs with credit and investment resources", Stavytskiy said.

He said that negotiations on the project should be completed by the end of the year.

He said that the rigs would be built by leading world companies over the course of 18 months to two years, according to the draft contract.

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