@tescocorp.com
With operations in about 15 countries, Nabors Industries is a leading provider of advanced technology for the energy industry.
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Nabors Industries is a leading drilling contractor and provider of offshore drilling rigs in the United States. The company traces its roots back to 1952 when it was founded as Anglo Energy. It later merged with Pool Company and became Pool Energy Services in 1968.
The company was eventually rebranded as Nabors Industries in 1987. The headquarters of Nabors Industries is located in Houston, Texas. It is situated in the Park Towers South building, which houses various administrative offices of the company.
Nabors Industries offers a wide range of products and services in the drilling sector. Its primary focus is on land drilling and offshore drilling operations. The company provides drilling services for oil and gas wells, including well servicing, drilling management, and engineering services.
It also offers advanced drilling technologies, innovative drilling equipment, and software solutions to optimize drilling operations. Nabors Industries has a diverse fleet of drilling rigs, including hydraulic and mechanical rigs, with the ability to operate in various challenging environments. On a global scale, Nabors Industries has a significant presence.
It operates in multiple countries, including the United States, Canada, Saudi Arabia, and several others. The company has established joint ventures and partnerships to expand its operations worldwide, including a joint venture with Saudi Aramco and a partnership with Saudi-based oilfield services company, Rowan. Additionally, Nabors Industries has several noteworthy subsidiaries, including Canrig Drilling Technology, which specializes in automated drilling equipment.
Nabors Industries holds a strong market position in the drilling industry. It is one of the largest drilling contractors globally, serving major oil and gas companies. The company's global sales and revenue reflect its industry prominence and competitive edge.
Nabors Industries faces competition from other major drilling contractors such as Helmerich & Payne and Patterson-UTI Energy. In terms of key events, Nabors Industries has embarked on strategic acquisitions to enhance its capabilities and market reach. In 2017, the company acquired Tesco Corporation, an international technology-driven solutions provider.
This acquisition strengthened Nabors Industries' position in the rig equipment manufacturing arena. As of the latest available information, Nabors Industries continues to operate as a leading drilling contractor. The company focuses on leveraging advanced technologies and expanding its global footprint to maintain its industry leadership
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