Major contract in Iraq : FACTORIG signs with BP Iraq

DIETSWELL, an independent company specialized in well and drilling services announces the signature of a major contract with BP Iraq for operations in the Rumaila field on the south side of Iraq

This contract is for the provision of audit and inspection services for the rigs that BP will operate for the development of the Rumaila field, located on south Iraq. The initial contract duration is 36 months, plus two potential 12 months extensions.

BP operates the Rumaila fields in partnership with the chinese operator CNPC. As per the drilling program, 150 new wells should be drilled over the second half of 2013. On the next 5 years, 300 additional wells are planned to be operated. On the 2012 – 2013 periods, the development campaign is estimated to $5 billion.

This contract is a major success for the audit & inspection services of DIETSWELL with an international impact : hence, BP is the first “non French” major operator to sign with FACTORIG division. The contract award results from an international call for tender process, where BP has set high standards of quality and security. In this context, this commercial success is particularly meaningful for DIETSWELL.

Sources: amityunderground