Today.Az » Business » SOCAR-AQS wins tender for drilling of wells in Bangladesh
26 July 2018 [14:51] - Today.Az
By Trend
Azerbaijani state company SOCAR-AQS has won a tender for implementation of drilling work in Bangladesh, CEO of the company Ramin Isayev said at an event dedicated to the signing of a joint venture agreement with KCA Deutag. "The work is continuing successfully. We have already completed the first two phases of the work. There remain 45-50 days until its full completion," Isayev said. The cost of the project is about $35 million, he added. SOCAR-AQS LLC was established in 2007 by SOCAR and Absheron Drilling as a joint venture providing integrated drilling and well servicing operations. The company is currently conducting drilling at the Gunashli, Western Absheron, Umid and Bulla Deniz fields.
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