AT this year’s ADIPEC in Abu Dhabi, Nabors Industries will be showcasing how its technology deployments are driving safer, more responsible, and consistently high performance for its customers.
Nabors continues to lead the global drilling industry by focusing on technological innovation, operational excellence, and safety.
With decades of experience and a strong international footprint, Nabors has been a key player in advancing the energy landscape, particularly in the Middle East.
Nabors is well-positioned and eager to continue supporting the region’s energy ambitions, ensuring that operations are efficient, safer and environmentally responsible.
RECENT WINS: GROWTH THROUGH STRATEGIC RELATIONSHIPS, NEW CONTRACTS & SIGNIFICANT ACQUISITIONS
Nabors recently announced an agreement to acquire Parker Wellbore, significantly expanding its Nabors Drilling Solutions business and solidifying the geographical footprint of its international drilling rig business.
The transaction, estimated to be completed in early 2025, will add a large-scale, high-performance tubular rental and repairs services operations to the Nabors portfolio.
Additionally, Parker’s casing running business complements Nabors’ own tubular services and affords the opportunity to migrate Nabors’ integrated casing model.
Aside from the recent acquisition, Nabors has also secured a series of wins across its eastern hemisphere drilling operations, strengthening its position in multiple key markets and expanding its global footprint.
Among their most significant milestones is securing a major contract with the Kuwait Oil Company (KOC) for three ultra-deep 3,000 HP, land drilling rigs.
Nabors has deep roots in Kuwait, with over a decade of successful operations in the country. This history has enabled the company to build a strong, trust-based partnership with the customer.
This story is from the November 2024 edition of Oil and Gas News.
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This story is from the November 2024 edition of Oil and Gas News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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