MD Cowan has sold two DC-electric Super Single rigs to Arabian Drilling Services based in Muscat, Oman.
"This sale supports our strategy to expand further into international markets," said Scott Milliren, President, MD Cowan. "We continue to evolve the popular Super Single design while maintaining exceptional value."
The rigs will have 90 percent of the packages "trailerized" for maximum mobility, and the equipment will be designed for operations in high-temperature environments. Arabian Drilling Services will utilize the rigs for a project with a supermajor oil company. The rigs are expected to begin operations in the first quarter of 2010.
"After a thorough review of the market, we were convinced that the Super Single and MD Cowan, Inc. were best-suited to fulfill our drilling rig needs," said Nabeel Al-Riyami, CEO, Arabian Drilling Services.
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