Amega West, a Carpenter Technology Corporation company, has been awarded a three-year contract with Petrobras America, a subsidiary of Petrobras, an integrated energy company that operates in 29 countries, on five continents.
Amega West will supply Petrobras with non-magnetic collars, stabilizers, and other tools for deepwater drilling projects on two rigs in the Gulf of Mexico.
Amega’s equipment will be used by a major directional drilling service company, along with their high-end rotary steerable tools.
Deepwater rig activity in the Gulf of Mexico continues to increase since the drilling moratorium was lifted, and is close to the level of two years ago. Amega West anticipates that it will secure other contracts within the Gulf of Mexico as a result of the increased activity.
“This is an excellent opportunity for us to expand our operations in the Gulf,” says Reddy Godula, President of Amega West. “As the number of rigs in the Gulf increases, we are able to further strengthen our position in the region.”
Carpenter Technology acquired Amega West in January 2011.
Carpenter Technology, based in Wyomissing, PA, produces and distributes specialty alloys, including stainless steels, titanium alloys and superalloys, and various engineered products.
Press Release, August 5, 2012