(Energy Analytics Institute, Jared Yamin, 13.May.2019) — Ensign Energy Services acquired an 89.3% interest in Trinidad Drilling Ltd., which marks the largest such purchase in the company’s history, and adds 68 drilling rigs in Canada, 66 in the United States and one internationally. The Trinidad acquisition during the fourth quarter […]
Tag: Trinidad Drilling Ltd.
TDI Operating One Rig in Mexico
(Energy Analytics Institute, Jared Yamin, 12.Jul.2018) – Trinidad Drilling Ltd. announced its international joint venture (TDI) currently has two rigs operating, one in Bahrain and one in Mexico. Trinidad Drilling Ltd. – which provides contract drilling and related services in Mexico – revealed the details in an official statement, but […]
Moody’s Projects T&T Energy Sector Rebound
(LoopTT, 24.May.2018) – Moody’s Investors Service is projecting an Energy Sector-led rebound in growth to support the fiscal trajectory. On Wednesday, Moody’s upgraded Trinidad and Tobago’s Trinidad Drilling Ltd.’s (Trinidad) Corporate Family Rating (CFR) to B2 from B3. The country’s rating outlook remains stable at this time. Moody’s also noted a narrowing fiscal […]