Nabors acquires Robotic Drilling Systems AS

Bermuda-based drilling-rig fleet owner-operator Nabors Industries said Tuesday it has acquired Stavanger, Norway-based Robotic Drilling Systems AS, a provider of automated tubular and tool handling equipment for the onshore and offshore drilling applications.

Robotic Drilling Systems (RDS) modular systems are applicable both in onshore and offshore markets, on new builds as well as retrofits.

The applicability of RDS's technologies to offshore drilling applications provides additional opportunities to further develop Nabors global scale and customer base, Kallanish Energy understands.

"We are excited about the experienced and highly skilled employees of RDS joining Nabors and helping to deliver the benefits of next-generation automated drilling solutions to our customers and shareholders,” said Nabors' chairman, president and CEO Anthony G. Petrello.