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DRILLMEC
Megha deal: Krishna Reddy plans Rs 15,000 crore buyout of uncle PP Reddy’s 51% stakeMegha Engineering's shareholders, the Reddy duo, are finalizing a family settlement where PV Krishna Reddy will acquire Pamireddy Pitchi Re...- Drillmec India bags oil rig orders worth $1.5 billion from Oil India & ONGCThe US$ 1.57 Billion order book was achieved on the basis of orders from Oil India Ltd amounting to $ 143 million for five land based oil d...
- Telangana to draw investments worth Rs 18k cr in fiscal year 2022Telangana has attracted Rs 17,867 crore worth of investment in FY 2021-22 through 3,938 new industries and created employment for 96,863 pe...
- MEIL to invest 35 million euros in energy transition, forays into hydrogen productionDrillmec has already launched Idrogena, a start-up company dedicated to the development and industrial production of a pyrolytic converter ...
- MEIL's Drillmec to set up $200 million oil rig manufacturing hub in TelanganaDrillmec has so far delivered close to 600 drilling rigs and developed many innovative designs and acquired patents globally. The company, ...
- MEIL to deliver $860 million worth 47 oil & gas rigs to ONGC by 2022 endOut of 47 Rigs, there are 20 Workover Rigs-(used to perform workover operations in a well) and 27 Land Drilling Rigs.
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