With headquarters in Houston and founded in 2007, Amega West has production and service plants in the US, Canada and Singapore.
With this acquisition, NTS Group establishes itself as a global leader in manufacturing of drilling, subsea, top-side and process components, repair of Measuring and Logging While Drilling (MWD/LWD) and drilling equipment, as well as rental of legacy and specialised Bottom Hole Assembly (BHA) drilling tools. A supply agreement has been signed with Carpenter Technologies to ensure the continued use of Carpenter’s proprietary non-magnetic alloys.
NTS Group will now have eight manufacturing and service facilities across strategic O&G locations.
Established in the UAE in 2006, NTS Group was acquired in 2019 by a joint venture between TUBACEX and ADQ’s Senaat with the goal of creating a global specialist manufacturing and services company for drilling tools and equipment.
Paul McMillan, NTS Group CEO, commented: “The addition of Amega West Services transforms NTS Group from a regional to a global service provider to the Oil & Gas sector. From our strategic hubs, we will combine the strengths of both companies to offer customers an unrivalled range of manufacturing, repair and rental options. As a supplier of integrated, high-tech solutions, we are looking forward to building even closer ties with key customers.
Reddy Godula, Amega West President, commented: “Amega team is thrilled to join NTS Group. Collectively we will further enhance our strong position in North America and expand as a global force with a complementary portfolio. Our customers are equally excited about the acquisition as we transform from a supplier to a partner and total solution provider. We look forward to a bright future.”
NTS’s services will be configured under a range of innovative contracting options to include Global Framework Agreements, Local Repair / Manufacture hubs and Stock Management Programs, aimed at reducing cost, improving lead times and increasing availability of equipment, while maintaining the highest levels of quality and service.