Apexindo gives life to idle rig
Indonesia's leading driller Apexindo has secured a $2.9 million contract for an seven-month onshore programme with local independent EMP Kangean.
Apexindo's Rig 8 has been idle for a period of time as the company was unable to obtain a suitable contract.
“We are glad that Rig 8 has finally found a suitable project from EMP to support their drilling project at the Kangean Block. As we mentioned in our previous release, Apexindo also succeeded in achieving contracts for Rig 2 and Rig 15. This continuous success will give a positive impact on our onshore utilization rate,” said Hertriono Kartowisastro, Apexindo’s president director.
Agustinus Lomboan, Apexindo’s finance director, said: “We will always be actively participating in land and offshore drilling tenders, to ensure Apexindo’s position as the leading drilling contractor, not only in the offshore drilling segment but also in the land drilling segment, in Indonesia and South East Asia Region.”
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