ACT Energy Technologies has agreed to acquire the oil-and-gas directional drilling services business of SB Directional Services for $47 million in cash and stock.
Directional drilling has been an integral part of the oil and gas industry since the 1920s. While the technology has improved over the years, the concept of directional drilling remains the same: ...
The horizontal directional drilling market growth is driven by increasing investments in infrastructure development, expanding oil and gas pipeline networks, and rising demand for trenchless ...
LONDON--(BUSINESS WIRE)--SpendEdge forecast the global Directional Drilling market is expected to grow by USD 3 billion as we reach 2024. This is due to the impact of the COVID-19 pandemic in the ...
In Part 1 we discussed why there is rapid expansion of Horizontal Directional Drilling (HDD) for undergrounding transmission and distribution line; mainly to prevent storm-related and wildfire outages ...
as the Father of HDD, crossed the Pajaro River in northern California in 1971. Horizontal directional drilling (HDD) has gained popularity in the power delivery industry for undergrounding ...
Choosing the right size horizontal directional drill (HDD) for utility work can be a real challenge. Trying to manage multiple customers in multiple locations and varying ground conditions can ...
The oil and gas wells drilling services market growth is driven by rising unconventional resource development, increased offshore activities, technological advancements, and demand for efficient, cost ...
Hope Mills, North Carolina-based Directional Services, a utility-scale solar and specialty infrastructure contractor, has secured an undisclosd amount of financing. The lead investor was Rising Point ...
Financial terms were not disclosed but Gyrodata sold its directional drilling business to Midland-based Intrepid Directional Drilling Specialists. Gyrodata CEO Robert Trainer said the sale will allow ...
Ditch Witch, a division of The Toro Company, has announced several strategic actions to support future growth in its core segments, drive operational efficiencies and reinforce its position in the ...
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