French Dietswell to drill Sudanese oil
French drilling services provider, Dietswell Engineering, expects to generate a monthly revenue of one million USD (684,000 Euro) from a drilling project in Sudan, the company announced on January 8, 2008.
The drilling contract was signed with White Nile (5B) Petroleum Operating Company Ltd (WNPOC), a joint operating company owned by Malaysian oil and gas company Petroliam Nasional Berhad (PETRONAS) and Sudan’s state-owned oil firm Sudapet, (50:50).
The WNPOC acts also as operator on behalf of the various partners. In block 5A: they work with the Indian ONGC Videsh, in block 5B their partners are the Swedish Lundin and ONGC Videsh, in block 8: they work with the Sudanese Hi Tech Petroleum.
At the end of November 2007, the French company delivered its light-weight land drilling rig RCR1200, entirely designed and developed by Dietswell. The initial investment in the equipment amounted to 11 million Euro ($16.1 mln).
The oil firm has already exercised a first option contract giving visibility until October 2008.
- Database Search
- Unpaid Debt A comprehensive overview of the role of the Lundin Consortium in the oil war. ECOS calls upon the Swedish, Austrian and Malaysian governments to investigate whether, as a matter of international law, Lundin, OMV and Petronas 'were complicit in the commission of war crimes and crimes against humanity by others during the period 1997-2003.’ In response, the Swedish Public Prosecutor for International crimes opened a criminal investigation into ‘links between Sweden and the reported crimes’.
- In Depth For more specific information about the Lundin court case please visit the Unpaid Debt dossier.
