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Eurasia Drilling Co. Ltd. has been awarded a multi-year contract extension with Petronas Carigali (Turkmenistan) Sdn Bhd for drilling offshore Turkmenistan in the Caspian Sea.
Effective from Jan. 9, 2013, the jackup drilling rig Saturn is contracted for a three-year period.
The award marks a continuation of the previous several multi-year contracts, as Saturn has been contracted to Petronas since 2003, working almost entirely throughout this period in Turkmenistan. In June 2012, the Saturn achieved a major milestone of working continuously for five years without a lost-time incident.
The Saturn is managed by the Turkmenistan branch of BKE Shelf Ltd. in Ashgabat.