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(E) More drilling - Crosco Increases Service activities in Oman
By Nenad N. Bach | Published  12/12/2002 | Business | Unrated
(E) More drilling - Crosco Increases Service activities in Oman
More drilling - Crosco Increases Service activities in Oman

Crosco Increases Service activities in Oman
Thursday December 12, 8:02 am ET

ZAGREB, CROATIA, Dec. 12 /PRNewswire/ - Crosco Integrated Drilling & Well Services Co., Ltd. and Riyam Engineering Ltd. are pleased to provide an update on field maintenance services provided by joint venture company Mideast Integrated Drilling & Well Services Company LLC (Midwesco) in Oman.

Boris Lazar, General Manager of Midwesco stated: "Midwesco has been supplying solutions for all well services, providing workover technology services for both vertical and horizontal wells with: 6 workover rigs, 7 wireline units, 2 non-corrosive pumping units, one coiled tubing unit. Midwesco's services are managed from the company's interior bases in Fahud and SaihRawl, as well as the company's base in Muscat. To ensure optimum solutions local departments exist for Health, Safety, Environmental Protection and Quality, as well as maintenance and logistics. More than five hundred workers are involved in the Omani projects with the majority of workers being Omani nationals."

Midwesco is providing workover, wireline and non-corrosive pumping services for Petroleum Development Oman LLC (PDO) and has provided coiled tubing services for Japex Oman, as well as workover and wireline services for Gulfstream Resources Oman Ltd. (recently acquired by Anadarko Petroleum Corporation).

Crosco's President, Marin Koceic, stated: "We are very grateful to be providing services for PDO. Our entry into Oman, in 1999, resumed the provision of our services in the Middle East. Since then Crosco has commenced projects in Syria and Qatar and is pursuing additional projects throughout the region."

Crosco is an integrated onshore and offshore drilling and well services contractor. The company has a fleet of 51 modern drilling, workover, and geoservice rigs as well as one semisubmersible and one jackup. Crosco is also 50% owner of Noble Crosco Drilling Ltd., which is the operator and owner of a jackup rig. In addition, with state-of-the-art western equipment, Crosco provides the following services: Well Testing, Coiled Tubing, Nitrogen, Cementing, Stimulation, Logging, Mud (Drilling Fluid), Coring, Fishing and Directional Drilling.

Crosco has been providing services internationally since 1958 and has provided services in 25 countries for some of the world's most recognized oil companies. The company has ISO 9001 certification from Bureau Veritas Quality International Paris and is a member of the International Association of Drilling Contractors and the International Well Control Forum. Crosco has an average annual revenue surpassing US$110 million. The company's headquarters are located in Zagreb, Croatia.

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