Satti Jack-up Drilling Rig Modification Completed

Source Press Release
Company KazMunayGasSOCAR 
Tags Upstream Activities, Strategy - Upstream
Date July 13, 2021

Caspian Drilling Company Limited has completed Satti Jack-Up Drilling Rig modification at its offshore supply and logistics base in Baku. JUR modification made it possible to increase its load capacity from 453 to 680 tonnes and, therefore, improve its competitiveness. The rig is currently capable of efficient drilling oil and gas wells deeper than 6,000 meters.

Satti Drilling Rig is the first drilling rig fully built in Kazakhstan in accordance with the international standards. Earlier, KMG and SOCAR signed a Memorandum of Understanding and Joint Operations Agreement that specify joint JUR drilling operations at the Absheron structure - Azerbaijan sector of the Caspian Sea. JUR is owned by KMG Drilling & Services LLP - KMG subsidiary.

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