GSP commences new drilling project for OMV Petrom

July 10, 2019

GSP Uranus

GSP is the contractor of the drilling works to be performed in the Istria block in the Black Sea, under a contract with OMV Petrom.

The project is part of an OMV Petrom investment aiming at increasing the production from the Lebada-East field by drilling two new wells at more than 2,000 m subsurface.

“Over the course of 15 years, we have completed various offshore drilling projects in the Black Sea. Each and every project is a new challenge and we trust that, through our expertise, we will contribute to the development of the regional  Oil & Gas production.” said Gabriel Comanescu, President of GSP Holding.

The drilling activities will be performed with GSP Uranus, a three legs, self-evelating unit, cantilever type, Marathon Le Tourneau Class 116-C design drilling rig, maximum water depth up to 100 m and 7.600 m maximum drilling depth. In 2013, the MODU has undergone an extensive modernization and reclassification process, an investment project worth over 44 mil. USD.