Public joint-stock company Ukrgazvydobuvannia has signed a contract with Bentec GmbH Drilling & Oilfield Systems (Germany) to supply five drilling rigs with a capacity of 450 tonnes (2,000 HP) for $110 million, the press service of the company reported on Wednesday.

The press service said that the first rig will be supplied in October 2018.

Bentec won a two-stage tender. National Oilwell Varco (the United States) and Drillmec (Italy) took part in the tender.

By 2020, Ukrgazvydobuvannia seeks to buy 20 new drilling rigs of various capacity.