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 …
Nabors Announces Third Quarter 2019 Results
Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported third quarter 2019 operating revenues of $758 million, compared to operating revenues of $771 million in the second quarter. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $123 million, or $0.37 …
Nabors Announces Fourth Quarter Results
Fourth Quarter Highlights: – Net debt decreased by $245 million – U.S. Lower 48 daily margin increased by $700 to over $9,400 – Nabors Drilling Solutions EBITDA increased by 43% to $23 million Nabors Industries Ltd. today reported fourth quarter 2018 operating revenues of $782 million, compared to operating revenues …
Nabors: Q1 Results – Q1 Costs Drag Numbers
Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported first quarter 2018 operating revenue of $734 million, compared to operating revenue of $708 million in the prior quarter. Net income from continuing operations attributable to Nabors for the quarter was a loss of $144 million, or $0.46 per …
Nabors Industries: Completes Tesco Corporation Acquisition
Nabors Industries Ltd. (“Nabors”) (NYSE: NBR) and Tesco Corporation (“Tesco”) (NASDAQ:TESO) today announced the completion of the previously announced acquisition of Tesco by Nabors. Under the terms of the agreement, Nabors acquired all common shares of Tesco in an all-stock transaction. Tesco shareholders will receive 0.68 common shares of Nabors …
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 …
Gazprom Neft to use Technology from Nabors Drilling International Ltd in Russia
Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and John Gass, Vice President, Nabors Drilling International Ltd, have signed a Memorandum of Understanding at this year’s St Petersburg International Economic Forum. The document confirms both companies’ mutual interest in investigating long-term collaboration on projects in the oil and gas industry in the Russian Federation. The agreement involves, in particular, Nabors …
Closure Interview, Denis Ivanov, General Director for Nabors Russia
What is your position and how long have you been in the company? I am the General Director for Nabors Russia. I have been working for Nabors for more than 3.5 years. How long has your company been operating in Russia? Nabors is successfully working in Russia for almost 10 …
The ROGTEC Interview: Denis Ivanov Nabors Drilling International Limited
When ROGTEC last spoke to you in Issue 29 (May 2012) you mentioned Nabors was looking to increase its drilling fleet. What progress has been made on the expansions? Do you have further expansion plans for Russia? Yes, we started to work with a new client “Slavneft-Krasnoyarskneftegaz” in the Krasnoyarsk …
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. …