North Atlantic Drilling announces acquisition of land drilling rigs in Russia

North Atlantic Drilling Ltd. has inked an agreement to purchase a significant portion of Rosneft’s land drilling fleet in Russia. Approximately 150 rigs will be acquired along with an award of new 5 year contracts with Rosneft for these units.

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Transportation and logistics group Transoil [Moody's Ba3, forecast – "stable"] is a leading Russian private group of companies under one name handling transportation and four service companies maintaining the technical operation of locomotives and rolling stock. The group's strategy is aimed at growing its fleet and diversifying its crgo and range as well as developing supporting infrastructure.

Emerson has released a short video that describes how the Rosemount 2160 Wireless Level Switch is perfectly suited to control duties - for example as an emergency shutdown switch in critical overfill applications.

Learn more about ION Geophysical's unique approach to solving clients' most complex problems.

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