GDI, JX Nippon sign drilling deal

December 15, 2013 - 6:17:36 am

A view of GDI’s jack-up rig ‘Al Khor’.
DOHA: Gulf Drilling International (GDI) has signed a contract with JX Nippon Oil & Gas Exploration Qatar (JX Nippon) to utilise GDI’s premium jack-up rig ‘Al Khor’ to drill an exploratory well in 2014. The contract was signed by Takuya Wada, General Manager of JX Nippon, and Ibrahim Jassim Al Othman, Chief Executive Officer of GDI. 

JX Nippon is a 100 percent owned subsidiary of JX Nippon Oil & Gas Exploration Corporation. 

JX Nippon had also signed an Exploration and Production Sharing Agreement (EPSA) covering Block A (Pre-Khuff) with Qatar Petroleum in 2011. 

The well, known as JXQA-1, will be drilled offshore Qatar. JX Nippon is the operator holding a 100 percent working interest of the contractor under Block A EPSA. According to the latest drilling schedules, ‘Al Khor’ is projected to commence drilling this well during the second quarter of 2014. 

GDI’s Chief Executive Officer Ibrahim J Al Othman said: “Our exposure to another international operator will provide GDI with the opportunity to demonstrate our operational experience and crew commitment to achieve client targets, while maintaining high standards of safety and performance.”

JX Nippon’s General Manager Takuya Wada said: “JXQA-1 is the first exploration well for JX Nippon to drill as an operator in Qatar. GDI is not only well experienced in drilling offshore Qatar but also a highly-skilled drilling company. We would like to pursue a great achievement of our project in cooperation with GDI.”

The Peninsula
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