Turan Drilling & Engineering, a joint venture between drilling and engineering contractor, KCA Deutag and drilling and integrated well services company, SOCAR AQS, has secured a contract extension in Azerbaijan worth $300m.
The two-year extension, effective from April 2024, will see Turan continue to deliver drilling operations and maintenance as well as procurement and warehouse management services across eight offshore platforms for an existing customer in the country.
“This extension reaffirms our commitment to the country and enables us to continue providing significant employment opportunities locally, further solidifying our successful partnership and bolstering the overall growth and progress of the area,” said Ed Wheler, general director of Turan.
Since its establishment in July 2018, Turan has been providing drilling services on platforms operated by BP in the Caspian Sea.