Home / News / NOC drilling activities lead to Eastern Hemisphere investments for Varel

Varel International’s Varel Europe subsidiary, the base of the company’s Eastern Hemisphere operations, has announced the expansion of its PDC drill bit manufacturing facility in Tarbes, France, and the addition of applications engineering personnel to regional offices.

The Tarbes facility’s square meterage has been doubled, enabling the implementation of “lean manufacturing” flow lines to reduce the average time required to deliver a PDC bit. Sales in the East have especially fueled Varel’s growth in the last few years — more than half of the company’s total revenue now comes from Eastern Hemisphere sales.

NOC drilling activities lead to Eastern Hemisphere investments for Varel

“Our growth has come from both the West and the East, but we are noticing that the East is growing faster,” said Bernard Pontneau, vice president, Eastern Hemisphere operations. “We attribute this to the drilling activity of the national oil companies operating in the eastern hemisphere.”

With the additional recruiting of personnel, Varel aims to serve markets in Malaysia, the United Arab Emirates, Saudi Arabia, the United Kingdom and West Africa. “By expanding our number of regional engineering resources, we can provide better regional service to our customers,” Mr Pontneau said.

Additionally, Varel has entered into an agreement to begin PDC drill bit assembly in Indonesia. This new facility will support customers operating throughout Indonesia. Bit assembly is slated to begin by summer 2008.

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