Fossil Energy – Drilling
Caspian Sunrise, a Kazakhstan-focused oil and gas exploration and production company, has secured employment in the Caspian Sea for its 2012-built shallow-water drilling barge Caspian Explorer.
The agreement is expected to be signed in late March, with the one-well campaign for the Istay Operating Company LLP (IOC), a Kazakh-registered partnership between Eni and Kazakhstan’s state-run KazMunaiGas, set to begin in the summer of 2024.
The work is expected to take approximately two months.
