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6 FAQs about [Vs for essar drilling rigs]
How many rigs does Essar Oilfields have?
In addition to its 15 land rigs, EOSIL also operates the offshore rig, Essar Wildcat, which is a semi-submersible rig capable of drilling in water depths of up to 1,600 feet and drilling depth of up to 25,000 feet. Since May 2017, this rig has been deployed on a three-year contract with ONGC on the east coast of India. About Essar Oilfields
Who is Essar Oilfield Services India Limited?
Sitting within the Essar Shipping division, Essar Oilfield Services India Limited (EOSIL) provides onshore and offshore contract drilling to international oil and gas companies, both in India and overseas. To this end the company operates a variety of assets including the semi-submersible rig ‘Essar Wildcat’, and a fleet of 12 land rigs.
Who is Essar Oilfields?
About Essar Oilfields The Oilfields Services business provides contract drilling services to oil & gas companies across the globe. The company was incorporated in 2006 with a focus on providing quality onshore and offshore drilling services to domestic, as well as international clients.
What is Essar Oilfields Services India Limited (EOSIL) contract?
Mumbai, 21 February 2018: Essar Oilfields Services India Limited (EOSIL) today announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin. Drilling for the project is expected to commence in April-May 2018.
Why is Essar India's largest rig operator?
Essar was among the first private companies to grab the opportunity and become India’s largest rig operator in the private sector, with a fleet of 11 land rigs, one offshore rig and a drill ship. In 1994, Essar started work on a refinery at Vadinar in Gujarat’s Jamnagar district.
Why did Essar enter the oil & gas sector?
Essar forayed into the oil & gas sector after it found success in contract drilling. Around the mid-1980s, the Indian Government opened up the contract drilling business to Indian private companies.