Bauer, Saxon Energy Services Sign Engineering Contract
Contract Launches Joint Development of Deep Drilling Rigs
Bauer Deep Drilling GmbH, a subsidiary of Bauer Maschinen GmbH, has signed an engineering contract with Saxon Energy Services Inc. The agreement includes the joint development of a deep onshore drilling rig designated ATD 750.
Designed for use with oil and gas, the rig will have a hook load of 375 tonnes. Production of the first rig is scheduled to start in 2015.