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Imperial Energy Services secures offshore contracts with new clients

International drilling contractor, Imperial Energy Services announces the award of two offshore contracts with new clients for work in South East Asia and Gabon.  These contracts are a further representation of Imperial Energy Services’s continued effort to increase its presence in the global offshore shallow water market.

The first contract is a two year operating and maintenance drilling services contract for the Shwe Platform based in Myanmar with Daewoo International Corporation.

The second contract, with Tullow Oil Gabon SA, is for the provision of Imperial Energy Services’s jack-up rig, the Ben Rinnes.  The scope of the work is the drilling of two wells, with the option for an additional well.  Work will commence in July 2013, operating for 80 days.

Rune Lorentzen, President of Offshore at Imperial Energy Services, said: “The West African market continues to be a major hub of activity for the oil and gas industry, and one where we have an established presence.  Establishing new relationships in countries such as Gabon demonstrates how vibrant this area continues to be.

“South East Asia is an area where we have developed a strong and continually growing presence.  This contract with Daewoo International Corporation is our second contract in Myanmar and strengthens our position in the region.  With existing projects underway, and a number of further opportunities identified, we are in a good position to continue to develop Imperial Energy Services in an emerging market which offers extensive oil and gas potential.”