Wabtec wins drill motor deal with MEIL

?We are proud to partner with Wabtec to increase India?s exploration and production of domestic crude oil,? said PV Krishna Reddy, Managing Director, MEIL. ?These innovative drilling motor solutions, complementing world-class land rigs made by Drillmec, will further economic growth opportunities across India?s rapidly growing economy.?

MEIL, headquartered in Hyderabad, is leading the project to replace nearly half of ONGC?s aging 67 onshore drilling rigs. The upgrade is a critical infrastructure initiative to increase crude oil production as part of ONCG?s growth strategy outlined in Perspective Plan 2030. The new drill motors will give the onshore rigs, being made by Drillmec, the drilling power necessary to raise production levels. Drillmec is an international leader in design, manufacturing and distribution of drilling and workover rigs for onshore and offshore applications as well as a wide range of drilling equipment.

?The emerging partnership with MEIL represents our commitment to support the continued evolution of the Indian market through innovative solutions,? said Tammy Gromacki, General Manager of Marine, Stationary, and Drill, Wabtec. ?Our drill motors are the right choice for this critical project and meet the industry?s most stringent requirements. This deal provides quiet, reliable, and powerful drill motors that will greatly improve ONGC?s drilling capability and efficiency.?