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. …
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 …
KMG Nabors Drilling: Sets Kazakh Record for Multi Pad Drilling
Last month, Nabors Rig #584 set a multi-pad record, drilling five wells in 179.7 days with an average 32.9 days per well for a major customer in the Tengiz field of Kazakhstan. This was achieved through safe and efficient operations without any harm to personnel, the environment or surrounding communities. …
Nabors Announces Third Quarter Results
Nabors Industries Ltd. today reported third quarter 2018 operating revenues of $779 million, compared to operating revenues of $762 million in the second quarter, a 2% increase. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $105 million, or $0.31 per share, …
Nabors: Acquires Tesco Corporation in an All-Stock Transaction
Nabors Industries Ltd. is pleased to announce that the company has signed an Arrangement Agreement to acquire all of the issued and outstanding common shares of Tesco Corporation, with each outstanding share of common stock of Tesco being exchanged for 0.68 common shares of Nabors. This transaction will create a …
RDCR Participant Update
The 1st Russian Drilling Contractors Roundtable is pleased to announce that Russia’s largest drilling contractors will be attending the event. EDC Group and SGK Drilling will be sending a large delegation as the Gold Sponsors. The Siberian Service Company (SSC), Integra Drilling, Ru Energy and Burgaz will be sending sizable …
ROGTEC Technology Roundtable: Russia’s Regional Drillers
Welcome to all of our participants. Could you briefly describe the rig fleet that you are operating in Russia? LLC Integra-Drilling: A part of rig fleet of Integra – Drilling (Integra Group) is presented by 320 ton Drilling Rigs BU 3D designed mainly for exploratory or single well drilling. …