Anton Oilfield Services Group, the leading independent oilfield services provider in China, announced that it was awarded the contract for a drilling project in southern Iraq, providing services with two rigs on a day-rate basis with the mobilization cost covered by the client. The contract, with a value of about $50m, is effective for a period of three years and also includes an option for an additional period of one year, Menafn reported. The contract of this project signifies that Anton’s Rig Service has gained recognition in the international market and expanded overseas. Its successful operation will enhance profitability for the product line of Rig Service.
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