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Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet.
The Sidoarjo mud flow is the result of an erupting mud volcano [4] in the subdistrict of Porong, Sidoarjo in East Java, Indonesia that has been in eruption since May 2006. It is the biggest mud volcano in the world; responsibility for it was credited to the blowout of a natural gas well drilled by Lapindo Brantas, although some scientists [5] and company officials contend it was caused by a ...
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In 1994, Tesco's portable land top drive won a Special Meritorious Award for Engineering at the Offshore Technology Conference show. [2] In 1995, the company opened a sales office in Beijing. [2] In 2002, the company acquired Bo Gray Casing Co. and A&M Tubular Maintenance for $10.5 million. [3]
This company was founded by Hary Tanoesoedibjo in Surabaya, East Java on 2 November 1989 as a securities company under the name PT Bhakti Investama. [3] Three years later, in 1997, the company officially went public on the Indonesia Stock Exchange , successfully raising Rp 80 billion.
PT Timah alone employed or outsourced around 10,000 workers in 2023. [11] Another major tin mining center was Singkep, near Bangka and Belitung but part of Riau Islands. [12] Legal mining operations on the island ceased in 1991 following Timah's restructurization, although illegal mining activities continued on the island with some arrests in ...
PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...