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United States

Nabors Industries Ltd (NBR)

NBR on New York Consolidated

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28 Apr 2017
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Wed, Apr 26 2017

BRIEF-Nabors Industries reports Q1 loss per share $0.52

* Saw U.S. lower 48 working rig count increase by 29% for Q2 in a row

BRIEF-Nabors Industries plan to recertify over 20 more rigs in Q1

* Nabors Industries Ltd- plan to recertify over 20 more rigs in Q1 than anticipated with an average of about 20 days in lost revenue per recertified rig

BRIEF-Weatherford and Nabors form alliance for integrated drilling solutions

* Weatherford and Nabors form alliance for integrated drilling solutions

BRIEF-Nabors prices $500 mln in exchangeable senior unsecured debt offering

* Nabors prices $500,000,000 in exchangeable senior unsecured debt offering

BRIEF-Nabors announces offering of exchangeable senior unsecured notes

* Nabors announces offering of exchangeable senior unsecured notes

Drilling firms Rowan, Nabors aim to boost Saudi manufacturing

KHOBAR, Saudi Arabia U.S.-listed Rowan Companies announced plans for its first rig from a new joint venture in Saudi Arabia and Nabors Industries said it is seeking to boost its manufacturing in the world's largest oil exporter.

BRIEF-Nabors to buy additional 50 drilling units from Saudi Arabian Oil Company

* To enter agreements to buy additional 50 drilling units over 10-year period from Saudi Arabian Oil company onshore rig manufacturing JV

BRIEF-Saudi Aramco, Nabors sign joint venture agreement

* Nabors Industries - JV, which will be equally owned by Saudi Aramco and Nabors, is anticipated to be formed and commence operations in Q2 of 2017

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