Killajoules

Signed new contracts with INAgip for well services
CROSCO, Integrated drilling and Well Services Ltd. has been awarded two services contracts for INAgip d.o.o., offshore Croatia.

Towing of Zagreb-1 to Libyan offshore
After successful completion of upgrade of semi-submersible drilling rig Zagreb-1 in shipyard „Brodotrogir“ (Trogir) and following preparation works for Libyan project, rig tow towards Libyan offshore started in the afternoon hours on Thursday, November 28, 2013. After a 10-day and 780 miles long tow with the assistance of towing vessels Moon and Christos XXIII, the rig will be positioned and anchored at the offshore location A1-16/3, northwest from Tripoli. Commencement of works is expected soon. CROSCO Operational base for Zagreb-1 supplies is set up in Tripoli. Upgrade of Zagreb-1 rig started in „Brodotrogir“ in January of 2011.

Upgrade works were extensive and included class renewal by Lloyd's register and adjustments according to Total requirements. The majority of the works were performed by CROSCO, with the assistance of „Brodotrogir“ shipyard and their subcontractors.

INAgip and CROSCO have signed three contracts
CROSCO, Integrated Drilling & Well Services Co., Ltd. is pleased to announce that it has been awarded three (3) contracts for INAgip (joint venture Company between INA and Italian Eni), offshore Croatia.

Two contracts are related to the wireline (slickline) service and the well testing service in support of exploration and development drilling campaign for CROSCO`s jackup drilling unit Labin in Northern Adriatic. Contracts are signed for period of 420 days.

The third contract is related to the wireline, slickline, well logging and well testing services in INAgip's gas production areas named NACA & ALCA, for period of 2 years.

Signing of a contract between CROSCO and Gujarat State Petroleum Corporation Limited
CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce signing of the contract, in March 2013, between CROSCO and Gujarat State Petroleum Corporation Limited, Cairo, Egypt, for a provision of 2000 HP Drilling Rig Emsco 602 for South Diyur Block, Western Desert, Egypt.
The contract is signed for drilling and possible testing of two (2) wells or 120 days, whichever is earlier, with the possibility of term extension for two (2) optional wells.

CROSCO signs oilfield services contract with PSP d.o.o.
CROSCO, Integrated Drilling and Well Services Co., Ltd. is pleased to announce that the company signed the oilfield services contract with Podzemno skladište plina d.o.o. (PSP d.o.o.), on 26th of September 2012. The contract was signed from CROSCO`s side by Mr. Jerko Jelić-Balta, President and CEO and Mr. Péter Székely, Member of the Board. The contract shall be effective from the date of signing until 31st of December 2013. Oilfield services on PSP-Okoli wells are expected to commence in early October 2012.

CROSCO extends drilling contract with Bankers Petroleum in Albania
CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce a one year extension of the contract with Bankers Petroleum Albania Ltd., for CROSCO 1000 HP drilling rig Ideco- 301.

CROSCO provides drilling services for SIPETROL in Egypt
CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the commencement of drilling services for SIPETROL INTERNATIONAL S.A. Egypt Branch.