DRILLMEC WANTS TO BE BETTER
Drillmec S.p.A., a TREVI Group company, specialized in the manufacturing of oil and water drilling rigs, has been awarded the supply of new onshore and offshore oil drilling rigs worth about 135 million USD from Aker Solutions, IDC Iraqi Drilling Company and Enel.
The contract includes the engineering, study, development and manufacturing of a HH Drillmec rig specifically designed for offshore oil drilling. The innovative design of this HH offshore rig, mostly compact in size and highly-performing, will ensure full execution of all crude oil extraction activities while significantly reducing operating costs for our customer. The HH model, already patented by the Drillmec division, will further increase the levels of safety within the offshore offering by supplying fully automated solutions of its hydraulic technology.
More infirmation here.
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PLATTS - National Australia Bank announced Thursday it will no longer provide financing for new thermal coal projects.
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U.S. Rig Count is down 1 rig from last week to 930, with oil rigs down 4 to 747, gas rigs up 3 to 183, and miscellaneous rigs unchanged. Canada Rig Count is up 19 rigs from last week to 238, with oil rigs up 22 to 134 and gas rigs down 3 to 104.