Bhagwan Marine Bags Contract for Russia's Far East O&G Project

Australia's Bhagwan Marine (BM) disclosed Monday that it has bagged a multi-year, multi-vessel contract to provide marine support to American company Foss Teras Marine on a major oil and gas construction project in the Russia’s Far East.

Work on the project commences in the second quarter of 2016. The timing of the project enables Bhagwan Marine to tap on a number of vessels that come off charter in the North West Shelf region of Western Australia.

“The recent downturn in the Australian Offshore Oil & Gas Industry has created significant opportunities and motivation for companies like us who are willing to explore other markets and regions," said Bhagwan Marine’s Chief Operating Officer, Darren Kolln said in the press release, adding that "this contract is an important part of Bhagwan’s strategic expansion plans internationally."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Zion Granted Approval to Drill Well On... (Dec 2)
 -  Production Drilling Begins at Mariner ... (Dec 2)
 -  Subsea 7 Secures Services Contract wit... (Dec 2)
 -  Eni: Oil Worker Dies Following Congo P... (Dec 2)
 -  FAR Refutes Claims that it cannot Farm... (Dec 1)


Most Popular Articles

From the Career Center
Jobs that may interest you
IMMEDIATE NEED - Sample Catcher OR Junior Mudlogger
Expertise: Mud Logging
Location: Midland, TX
 
IMMEDIATE NEED - Sample Catcher OR Junior Mudlogger
Expertise: Mud Logging
Location: Midland, TX
 
Petroleum Inspector II
Expertise: Field Service Tech|Surveying
Location: Port Neches, TX
 
search for more jobs

Brent Crude Oil : $54.94/BBL 0.88%
Light Crude Oil : $51.79/BBL 0.21%
Natural Gas : $3.65/MMBtu 6.10%
Updated in last 24 hours