Crosco Commences Service Activities In Oman

Crosco Integrated Drilling & Well Services Co., Ltd. and Riyam Engineering Ltd. are pleased to announce the commencement of field maintenance services by joint venture company Mideast Integrated Drilling & Well Services Company LLC (Midwesco) for Petroleum Development Oman LLC (PDO). By the end of February 2000, Midwesco will be providing services with two well pulling hoists (workover rigs), seven wireline units and one pumping unit. Approximately 200 workers will be involved in the project, with the majority being from Oman. Midwesco has also provided two mobile camps, necessary vehicles, as well as information and telecommunications equipment for this project.
This five year contract has an expected value of US$80 million. Services will be provided from the Fahud base in northern Oman. Marin Koceic, Crosco’s President, stated: “We are very grateful to be providing services for PDO. Our entry into Oman resumes provision of our services in the Middle East. With the opening of the Crosco branch office in Doha, Qatar, as well as the stacking of an available Crosco drilling rig Emsco 604 (Emsco C2) in Dubai, United Arab Emirates, we have realized our primary strategy for the Middle East. For our next phase, several associations have been developed an numerous projects are being targeted throughout the region.”