nabors

Nabors Industries Ltd., a leading provider of advanced technology for the global energy industry, today announced its PACE®-R801 – the world’s first fully automated land drilling rig – has reached total depth on its first well, a horizontal well for ExxonMobil in the Permian Basin. Combining Nabors proprietary Smart Suite of automated …

Nabors Industries Ltd. today reported second quarter 2021 operating revenues of $489 million, compared to operating revenues of $461 million in the first quarter of 2021. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $196 million, or $26.59 per share. The second quarter …

Nabors Industries Ltd. today reported first quarter 2021 operating revenues of $461 million, compared to operating revenues of $443 million in the fourth quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $141 million, or $20.16 per share. This compares to …

Nabors Industries Ltd. (today reported third quarter 2020 operating revenues of $438 million, compared to operating revenues of $534 million in the second quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $161 million, or $23.42 per share, compared to a …

Nabors Industries Ltd. announced today that all proposals presented at its special meeting held on Monday, April 20, 2020 were approved, including: (i) an amendment to Nabors’ share capital to effect a reverse stock split of its common shares at a ratio not less than 1-for-15 and not greater than …

Nabors Industries Ltd. today announced that its Board of Directors has approved a proposal, to be submitted to shareholders for approval at a special general meeting of shareholders anticipated to be held on April 13, 2020, to, among other things, effect a consolidation (reverse stock split) of Nabors’ common shares. …

Reduced total debt during the fourth quarter by $184 million to $3.3 billion and reduced net debt by $218 million to $2.9 billion Amended 2018 Credit Agreement in December 2019 to provide additional covenant flexibility Issued $1 billion of six- and eight-year notes in January 2020. Successfully tendered for approximately …

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 Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2019 operating revenue of $771 million, compared to operating revenue of $800 million in the first quarter. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $208 million, or $0.61 per …

Drilling Systems, part of the 3T Energy Group, was selected to provide its very latest DrillSIM drilling simulators to Nabors, one of the world’s largest onshore drilling contractors, for use at Nabors’ new state-of-the-art training centre located in Kazakhstan. With seven training centres strategically located around the world, Nabors has …