A SPECIALIST North-east drilling services firm has received a significant number of orders from clients across the globe during July.
Paradigm Drilling Services, based on the outskirts of Inverurie, has had £1million of new orders placed by companies in Norway, Latin America and Saudi Arabia, for a range of its innovative products.
The drilling tool, engineering and manufacturing company serves the global oil and gas industry, offering a broad portfolio of drilling technology services, featuring a range of proprietary and patented hole enlargement tools, and is currently developing a ground breaking horizontal drilling system.
Paradigm Drilling Services chairman and CEO, Fraser Innes, said: “July has been a significant month for the company with a number of new orders being placed by clients around the world, with more work in the pipeline as the company continues to expand.
“In the last 18 months we have increased our client base across the globe breaking into a number of new areas including Turkey, Romania, Dubai, Iraq and Latin America, and the company is investing £1million of capital into additional manufacturing capacity and rental assets to cope with the strong demand.”
Paradigm Drilling Services, which is American Petroleum Institute (API) accredited, designs, manufactures and services all types of drilling equipment and downhole tools for a number of the world’s leading oilfield service and directional drilling companies. This is in addition to the introduction of a range of proprietary and, in many cases, patented drilling tools.
The company, which is part of the Paradigm Group of companies, also manufacture, service and repair a wide range of downhole tools and fishing equipment to API-7 and NS-1/2 standard.
Issued by Frasermedia Ltd on behalf of Paradigm Drilling Services.
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