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Canrig Drilling Technologies Ltd.

Company Summary

Description

A rig equipment subsidiary of Nabors Industries Ltd.

Website

http://www.canrigdrillingtechnology.com/corporate....

Related Entities

Recent news

  • 9/5/2017 - Nabors Acquires... (subscriber access)
  • 8/14/2017 - Nabors Enters Agreement... (subscriber access)

Company Transactions

Date: 12/15/2017
Type: Acquisition

BUYERS:
  • Nabors Industries Ltd.
  • Canrig Drilling Technologies Ltd.
    • SELLERS:
  • Tesco Corporation
    • DETAILS:
    NOTES:
    Under the agreement, Nabors will purchase all of Tesco's shares at $4.62 per share, a 19% upside to August 11, 2017 closing price on the NYSE.
    REGIONS:
  • North America

    • Date: 9/5/2017
    Type: Acquisition

    BUYERS:
  • Nabors Industries Ltd.
  • Canrig Drilling Technologies Ltd.
    • SELLERS:
  • Robotic Drilling Systems AS
    • DETAILS:
    NOTES:
    Nabors has acquired Norwegian oilfield services company, Robotic Drilling Systems AS, a provider of drill-floor solution consisting of robotic technology for fully unmanned drill floor operations.
    REGIONS:
  • International