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(E) Croatian firm finds commercially viable gas fields in Syria
By Nenad N. Bach | Published  12/10/2002 | Business | Unrated
(E) Croatian firm finds commercially viable gas fields in Syria


Croatian firm finds commercially viable gas fields in Syria

Commercially viable natural gas fields have been discovered in Syria by Croatia's Crosco, a company official told Reuters. The company provides integrated drilling and well services in Syria to Croatia's state-owned INA-Naftaplin. 

The company is currently in the process of assessing the scale of the gas reserves contained on the three drilling rigs, purchased in September 2002 from Rotary Rt., a subsidiary of MOL Oil and Gas Company of Hungary. 

INA plans to commence production in 2005 and hopes to conclude a deal with Syria’s State Petroleum Company (SPC). June 1998, SPC signed a four-year oil exploration contract with Croatian Ina-Naftaplin, in eastern Syria. 

Based in Zagreb, Crosco Integrated Drilling and Well Services Company Ltd. is an integrated onshore and offshore drilling and well services contractor. The company has a fleet of 51 drilling, workover, and geoservice rigs as well as one semisubmersible and one jackup. Crosco is also a 50 percent owner of Noble Crosco Drilling, which is the operator and owner of a jackup rig.— (menareport.com) 

Related Articles
* Crosco provides offshore drilling services in Tunisia
* Croatian oil firm acquires assets in Syria, Tunisia
* Crosco expands services for INA-Naftaplin in Syria
* Croatian Crosco provides drilling services for INA-Naftapli in Syria

http://www.menareport.com/story/TheNews.php3?action=story&sid=235846&lang=e&dir=mena 

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