Trinidad Drilling Ltd. resumes construction of six drilling rigs
Trinidad Drilling Ltd has agreed to resume the construction of six new contracted drilling rigs that were delayed earlier in 2009 due to weak industry conditions.
Trinidad Drilling Ltd has agreed to resume the construction of six new contracted drilling rigs that were delayed earlier in 2009 due to weak industry conditions.
Woodside Petroleum Ltd. has signed an agreement to supply Osaka Gas with LNG, they are also in discussions with other potential customers in the region.
Bucyrus International Inc. has announced an agreement to buy the mining equipment business of Terex Corp. for US$ 1.3 billion in cash. The acquisition will create a premier supplier of mining equipment with an addressable market of US$ 30 billion and about 10,000 employees in 100 locations around the world.