UKRAINIAN state-owned gas company Ukrgazdobycha has signed key rig procurement and drilling service contracts under an ambitious plan to boost its gas production in the country to 20 billion cubic metres by the end of 2020.
Ukrgazdobycha has awarded a $124 million contract to China’s Sichuan Honghua Petroleum Equipment for the supply of 12 heavy-duty onshore drilling rigs .
A second contract, worth $18.5
