EximBank granted financing of nearly $30 million to GSP for the acquisition and modernization of the drilling rig.
Comanescu said, in a joint statement of GSP-EximBank, that GSP targets, among others, to extend and modernize its fleet and tap new markets. He also said the new Uranus project adds to over EUR1 billion worth of investments GSP has carried out throughout its ten years of activity.
In October 2013, Comanescu said GSP wants to extend its operations in northern Russia and to buy new drilling rigs and two drilling vessels.
End-2005, GSP acquired six drilling rigs from oil and gas producer Petrom for nearly $100 million.
GSP group expects to return in 2014 to its 2010 turnover of RON2.3 billion and to exceed this level starting 2015 due to future contracts for deepwater oil drilling works.