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(E) Crosco Expands Service Activities in Libya

Posted on May 5, 2005 by Nenad N. Bach

 

Crosco Expands Service Activities in Libya
 

Wednesday May 4, 4:26 pm ET
ZAGREB, Croatia, May 4 /PRNewswire/ – Crosco Integrated Drilling & Well Services Co., Ltd. is pleased to announce an expansion of service activities in Libya.
Crosco recently commenced provision of accommodation services with Crosco’s semisubmersible drilling unit Zagreb 1 on the Sabratha project. Crosco is also providing management, operation and maintenance services on the fast moving workover rig located on the offshore Sabratha platform. Via local partner ADWOC, Crosco is providing onshore drilling services with Crosco’s 2000 HP drilling rig EMSCO 604 (EMSCO CII) on the Elephant Field.
Vlado Lescan, General Manager of Crosco’s Libyan branch, explained, “Crosco has been committed to the Libyan market for 25 years. We stayed in Libya, worked and gained tremendous knowledge and experience. Today as the activity increases, Crosco is ready to expand services in Libya and mobilize additional rigs and equipment into the country. Crosco is looking forward to meeting the growing requirements of our current clients as well as the requirements of newcomers.”
In Libya services are being provided for Eni Gas BV Libyan Branch and Agip Oil.
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 50% owner of Noble Crosco Drilling Ltd., which is the operator and owner of a jackup rig Panon. Crosco also manages Noble jackup rig Carl Norberg. In addition, with state-of-the-art western equipment, Crosco provides the following services: Well Testing, Coil Tubing, Nitrogen, Cementing, Stimulation, Logging, Mud (Drilling Fluid), Coring, Fishing and Directional Drilling. Crosco currently provides services in Oman, Qatar, UAE, Libya, Syria, Albania, Croatia, Italy and Slovenia
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, ISO 14001 and OHSAS 18001 certification from Bureau Veritas Quality International London. Crosco has an average annual revenue surpassing US$180 million. The company’s headquarters are located in Zagreb, Croatia.
Source: Crosco Integrated Drilling & Well Services Co., Ltd.

 

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