A new contract for Petreven
September 3, 2015
Petreven signed a new contract with an international Italian company specialized in the production of renewable and geothermal energy in Chile for the supply of drilling services in the geothermal site of Cerro Pavellon.
The value of the contract is approximately USD 40 million and has a duration of 34 months. The rig that will be used is manufactured by Drillmec and is part of the innovative HH series with hydraulic technology that best suits the works of this kind.
Simone Trevisani, CEO of Drillmec division stated: "The Petreven division will carry out geothermal energy services in Chile for one of our historical customer and this confirms the fact that the technology remains one of the major assets of our company."