Nabors Industries Ltd., which owns and operates the world’s largest land-based drilling rig fleet, agreed Monday to acquire Houston-based Tesco Corp. in a stock-for-stock transaction to expand its global rig equipment and drilling automation arm.
Tesco
Articles from Tesco
Oilfield Services Provider Tesco Expects Pinch in 4Q2014, 2015
Tesco Corp., an oilfield services company based in Houston, said the collapse of world oil prices has caused several of its customers to either delay or cancel requests for its services, and it warned that its financial results for 4Q2014 and the full-year 2015 will be affected.
December 23, 2014
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
