Wabtec and infrastructure company Megha
Engineering & Infrastructure Limited (MEIL) has recently announced an
agreement for 143 AC drill motors to support an upcoming onshore rig
replacement project for India’s state-owned petroleum explorer, Oil and Natural
Gas Corporation’s (ONGC). The deal will support ONGC in its efforts to replace
their aging fleet of onshore drilling rigs.
“We’re proud to partner with Wabtec to
increase India’s exploration and production of domestic crude oil. These
innovative drilling motor solutions, complementing world-class land rigs made
by Drillmec, will further economic growth opportunities across India’s rapidly
growing economy,” said P V Krishna Reddy, Managing Director of MEIL.
Engineering and Infrastructure giant MEIL,
headquartered in Hyderabad, India, 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. 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,” said Tammy Gromacki,
Wabtec’s general manager of Marine, Stationary, and Drill.