CAMENOIL S.A., a leader within the Romanian drilling market, is pleased to announce the signing of the Master Onshore Drilling Contract with CHEVRON, one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide.
CAMENOIL will provide onshore drilling services for CHEVRON in Barlad area for up to 4 years, starting this autumn. The contract covers drilling the required wells for Chevron’s exploration program.
CAMENOIL’s Rig 14 will be released soon from an ongoing project and then undergo an upgrade program to fulfill the client’s requirements in terms of asset condition and rig performance.
“Signing new contracts with foreign operators are the result of the company’s strategy and the professionalism of all staff. Linking long-term business strategy with the company ability to adapt to the ever-changing market dynamics demonstrate CAMENOIL’s good standing in the industry.
We are fully committed to acting in the best interests of the company and all its stakeholders to maintain the “Driller of Choice” position in the Romanian drilling market and to extend the market share abroad.”
Leader within the Romanian drilling market, CAMENOIL performs onshore drilling services for oil, gas and geothermal water, well-testing and workover, transport and maintenance for drilling equipment. Gaining from the vast experience in oil and gas business, we are very proud of our performance in contracting most of the drilling works for the international companies operating in this sector in Romania. The long experience, the guarantee of good services along with our PEOPLE`s qualifications and skills, have led to our services being promoted in the international drilling markets as Tanzania, Uganda, Sudan, Mozambique, Bulgaria, France, Hungary and Israel.
