Drillife announced a procurement auction for 12 drilling units

The reverse tender will be held under three procedures and two-step trading.

Delivery term – 2017-2018.
Bidding deadline – March 22, 2017.
Preliminary auction date is the beginning of May, 2017.
The reverse tender is not a pure auction.
The contract is signed with the bidder who offers the lowest contract price.
Auction participation application is the offer of the potential bidder, the winner selection means acceptance of the offer.

At the end of December 2016 Drillife announced a procurement auction for 5 drilling units with total capacity of 450 tons and costs of 134 million dollars.
Bidding deadline – February 20, 2017.