28 Aug 2009 11:34

Lukoil planning to spend $652 mln on service contracts in H2

MOSCOW. Aug 28 (Interfax) - Lukoil is planning to spend $652 million on service contracts in the second half of 2009, the company said in a report.

The company BK Evrazia will provide Lukoil with $347 million in drilling services in the half as part of a five-year contract.

Another contractor, CJSC Globalstroi Engineering, will provide Lukoil with $305 million worth of construction, engineering and technical services in the half as part of a four-year contract.