Russia Oil Gas Magazine

Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date

Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (“NETC”), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited (“Vast”). The combined company now trades …

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Eurasia Journal News

Nabors Announces Second Quarter 2023 Results

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to operating revenues of $779 million in the first quarter. The net income attributable to Nabors shareholders for the quarter was $5 million, compared to $49 million in the first …

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Eurasia Journal News

Nabors Announces Fourth Quarter 2022 Results

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported fourth quarter 2022 operating revenues of $760 million, an increase of approximately 10%, compared to operating revenues of $694 million in the third quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $69 million, or …

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Eurasia Journal News

Nabors Marks Major Industry Milestone: Fully Automates Existing Land Rig with First-of-its-Kind Robotics Module

Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety and consistency with uncompromised performance Nabors’ RZR equipped rig has successfully drilled multiple horizontal wells in the Permian Basin HAMILTON, Bermuda, Nov. 16, 2022 /PRNewswire/ — Nabors Industries …

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Eurasia Journal News

Nabors Announces Third Quarter 2022 Results

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of approximately 10%, compared to operating revenues of $631 million in the second quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $14 million, or …

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Eurasia Journal NewsRussia Oil Gas Magazine

Nabors Announces Second Quarter 2022 Results

Nabors Industries Ltd. today reported second quarter 2022 operating revenues of $631 million, an increase of approximately 11%, compared to operating revenues of $569 million in the first quarter of 2022. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $83 million, or $9.41 per …

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Russia Oil Gas Magazine

Nabors: Invests in GA Drilling – an Ultra-Deep Geothermal Drilling Technology Innovator

Nabors Industries Ltd.  adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s.. This strategic investment expands Nabors’ commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs. GA Drilling, a geothermal technology company with headquarters in Bratislava, Slovakia, is a pioneer in plasma drilling. …

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Russia Oil Gas Magazine

Nabors: Announces Fourth Quarter 2021 Results

Nabors Industries Ltd. today reported fourth quarter 2021 operating revenues of $544 million, compared to operating revenues of $524 million in the third quarter of 2021. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $114 million, or $14.60 per share. This compares to a …

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Russia Oil Gas Magazine

Nabors Industries: Announces Energy Transition Initiatives

Nabors Industries Ltd., a leading provider of advanced technology for the global energy industry, today announced elements of its energy transition strategy. A video summarizing Nabors’ energy transition efforts is also available. Addressing Decarbonization Pledges of the Oil and Gas Industry and Beyond Nabors and companies across the oil and gas …

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Russia Oil Gas Magazine

Nabors: Announces Q3 2021 Results – EBITDA Up 7%, $122 million NET Loss

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported third quarter 2021 operating revenues of $524 million, compared to operating revenues of $489 million in the second quarter of 2021. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $122 million, or $15.79 per …

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