OIL & GAS
In 2014, NRW partnered with CalEnergy, a wholly owned subsidiary of Berkshire Hathaway Energy, in an investment in oil & gas contractor, NewGen Drilling. NewGen Drilling is a growing Australian provider of well contract drilling based in Perth.
NewGen Drilling provides deep drilling services to Australia’s on-shore tight gas and shale basins. The company owns one of the most advanced deep gas drilling rigs in Australia, the Huisman LOC400. The rig is highly automated and can be mobilised in standard containers, saving time and up to 70% on mobilisation costs compared to oversized loads. Through a strong onshore oil and gas focus, the company is dedicated to supporting the development of conventional, unconventional and geothermal energy in Australia.
To read more about NewGen drilling, click here.