The three-year contract began on 1 May and will employ 144 Danos personnel in a variety of positions.
Offshore & subsea - 25 June 2020
The new phase of the project, based on the successful completion of a design study last year, will include the design, build and test of enabling technologies that are the backbone of Upwing’s Magnetic Drive System concept for a reliable and retrievable electric submersible pump.
Efforts to find an additional partner for the drilling of the next well in blocks A2 and A5 are ongoing, with FAR working to conclude a farm-out before the restart of the drilling operations.
The agreement also establishes a framework where Proserv and Dril-Quip may pursue joint marketing and collaboration efforts, with Dril-Quip providing subsea trees and Proserv providing subsea controls.