Although the downturn has severely strained many oilfield service companies’ budgets, some are using this time as an opportunity to grow. Germany-based Bentec, which is already established in Europe, Russia, North Africa and the Middle East, told DC that it is now entering the competitive North American drilling market. In particular, the company hopes its top drives and iron roughnecks will help drilling contractors to lower their costs of ownership through lower NPT and cycle times. Watch this video with Bentec CEO Dirk Schulze from 3 May at the 2016 OTC in Houston to learn more about Bentec’s plans for this market entry.
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