date founded

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General

About Company
Canrig Robotic Technologies is a company that develops robotic drilling systems for fully unmanned drill floor operations.

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founded date

01.01.2005

Number of employees

Company Type

For Profit

IPO status

Private

Description

The company's technological services offer a solution for pipe-decking and drill-flooring on all drilling structures, which can be remotely controlled from an interactive 3D interface. The system handles pipe and tools and ensures seamless, fast, and precise work operations between the electric drill floor machines. The benefits include faster drilling operations, high safety levels due to unmanned operations, and lower installation, maintenance, and operations costs. Canrig Robotic Technologies is fully owned by Nabors.
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total raised

$552.18K
M&A Details
1

Transaction name

Acquired by

Nabors

announced date

31.08.2017

Financials

Co-Investors

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