Essar Oilfields Services wins first contract outside India

Essar Wildcat, the semi submersible rig owned by EOSL, has successfully completed the drilling campaign of Gujarat State Petroleum Corporation (GSPC) in the Krishna-Godavari basin block within the stipulated time frame.

Subsequent to the above, Essar Oilfields Services Limited (EOSL) a wholly owned subsidiary of ESPLL, has been awarded its first contract outside India, valued at approx $40 million by Vietsovpetro JV (VSP), an E&P company operating in Vietnam, for drilling a 4,800-m offshore well.

EOSL won the contract amidst stiff competition from international drilling contractors like Transocean, Diamond Offshore, Pride International and Neptune Marine Drilling.