T-3 Snags Purchase Order For Multi-Rig Packages Entering Russia

T-3 Energy Services, Inc. has successfully received a significant multiple rig order from a major drilling contractor operating in Russia. The initial commitment is in excess of $8.0 million and is expected to rise as additional contract awards are announced. As a major international oil and gas market targeted by T-3, Russia presents a solid ground for T-3 Energy to provide bundled drilling products, including BOPs, choke and kill manifolds, and control systems.

T-3 Energy continues to see a growing number of quotes directed at drilling in Russia. Additional opportunities continue to appear in which T-3 Energy's product and service offering appear tailor-made for such markets. As rig construction and demand for oil remains strong, T-3 Energy should see more firm purchase orders for multiple rig packages.

Gus D. Halas, T-3 Energy's Chairman, President and Chief Executive Officer, commented, "This is excellent news for T-3 Energy. This order signifies T-3 Energy's successful execution of its targeted international sales strategy. Though T-3 Energy has observed a higher level of effort in securing such international orders, T-3 Energy's customer-driven product offering and attractive delivery capabilities continue to be a key success factor in T-3 Energy's international sales strategy. Regardless of the region, T-3 Energy remains committed to its focus of being a name-brand provider of customer-driven products and services."

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Junior-Level Mechanical HVAC Design / Energy Audit Engineer
Expertise: HVAC|Mechanical Engineering
Location: San Antonio, TX
Energy Engineer
Expertise: Mechanical Engineering
Location: Gainesville, FL
Electrician Apprentice 1st Year- Hobbs, NM Job
Expertise: Electrician
Location: Hobbs, NM
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours