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Hydro Drilling signs distribution agreement with Nabors

Industry

Hydro Drilling Global, an affiliate of Hydro Drilling, has announced the signing of a distribution agreement with Nabors Drilling International Limited (NDIL), an affiliate of Nabors Industries, to market and deploy Nabors’ best-in-class technologies and services in Europe and Africa

HD has identified a number of opportunities for Nabors’ technology and services to lower well costs, emissions, and fuel consumption. For example, the RigCLOUD data and analytics platform delivers real-time drilling performance, key performance indicators (KPIs), and other powerful analytics to optimise and drive continuous improvement. While the nanO2 fuel enhancer and the SmartPOWER advisory and automated engine management solution can help to optimise engine performance, reduce emissions and improve fuel efficiency.

HD and NDIL will also evaluate opportunities in Europe and Africa to utilise other transformational technologies such as Nabors’ drilling process automation suite. Other opportunities include Nabors integrated drilling support services, and automated managed pressure drilling.

HD will leverage its 45-year Europe and Africa foothold and operating knowledge, in combination with technology and technical support from Nabors, to deliver these solutions for the benefit of its customers and their drilling performance and sustainability initiatives.

Ryan Alvey, managing director of HD, said, "We are pleased to align with Nabors, to provide a creative solution that allows European and African energy companies to meet their increased drilling performance and emissions reduction objectives to deliver optimal production cost and energy efficiency. The combination of HD’s regional knowledge and operational expertise with Nabors’ best-in-class technologies, yields a unique and differentiated value proposition for our customers in the region."

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