Home Industry Energy Qatar Petroleum In $467m Deal With Gulf Drilling International The contracts signed are five-year extensions to existing service contracts. by Reuters June 9, 2013 Qatar Petroleum (QP) has signed contract extensions worth a total of QAR1.7 billion ($466.9 million) to continue using two drilling rigs owned by Gulf Drilling International Ltd (GDI), GDI said in a stock market statement on Sunday. The contracts signed with state-run QP are five-year extensions to existing service contracts on two offshore rigs owned by GDI, which is a 70 per cent owned subsidiary of Gulf International Services. 0 Comments