New drilling rigs from China and Germany are arriving in Ukraine, renewing gas production equipment that is the oldest in the region

New drilling rigs from China and Germany are arriving in Ukraine, renewing gas production equipment that is the oldest in the region. On Monday, two rigs, each capable of lifting 450 tons of pipe, arrived in Odesa from Sichuan Honghua Petroleum Equipment, in central China. UGV reports it plans to buy eight more rigs from the Chinese company. Last month, in a $110 million deal, UGV received the first of five 450-ton rigs from Germany’s Bentec GmbH Drilling & Oilfield Systems, reports Interfax-Ukraine. UGV Chair Oleh Prokhorenko says the average age of his company rigs is 23 years, compared to 10 years in Russia and nine years in Belarus.