Wallis Drilling sells RIG Technologies business to Orica

Wallis Drilling has sold its RIG Technologies reverse circulation logging while drilling (LWD) business to Orica, the world’s largest provider of commercial explosives and innovative blasting systems. The transaction delivers a strong return on investment and will enable Wallis to accelerate the growth and development of its primary drilling business for clients.

Wallis Drilling sells RIG Technologies business to Orica Wallis Drilling sells RIG Technologies business to Orica Wallis Drilling sells RIG Technologies business to Orica Wallis Drilling sells RIG Technologies business to Orica Wallis Drilling sells RIG Technologies business to Orica

Wallis Drilling has sold its RIG Technologies reverse circulation logging while drilling (LWD) business to Orica

The RIG Technologies business, which was begun by Wallis and RIG Technologies commenced as a joint venture in 2016 with Wallis acquiring the entire business in 2019, includes, downhole behind the