Oil drilling contract

1 March 2014 - New contracts - India

Cairn India Ltd., which is exploring and developing an onshore field in the state of Rajasthan in partnership with the national Indian company ONGC, has awarded Cofor (Entrepose Contracting/ VINCI Construction) a three-year multi-annual contract (plus an option for a further year) to drill development oil wells in India. These drilling operations will be undertaken using a hydraulic device of the latest generation (capacity: 200 t).
The contract is worth some 30 million US dollars (about €22m).