Premier Oilfield forms Caspian region joint venture

Offshore staff

ABERDEEN -- Premier Oilfield Rentals has formed a new joint venture to expand the company's operations in the Caspian region.

Premier-Borkit Oilfield Services LLP, has been formed as a result of a formal link-up between the company and Borkit International, a Kazakhstan-based organization with over ten years experience of supplying goods and services to the oil industry in the region.

The new company will operate from a purpose-built facility in Aktau, Kazakhstan, which is scheduled to open early next year. The new site will encompass a machine shop, office facilities, an inspection area, warehouse, and storage yard.

09/17/2008