Tesco Corporation (USA) (TESO): Tesco Corporation (TESCO) is engaged in...

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Monday, 02/20/2012 6:10:13 AM

Monday, February 20, 2012 6:10:13 AM

Tesco Corporation (TESCO) is engaged in the designing, manufacturing and service delivery of technology-based solutions for the upstream energy industry. The Company’s product and service offerings include mainly of equipment sales and services to drilling contractors and oil and gas operating companies worldwide. The Company operates through four business segments: Top Drive, Tubular Services, CASING DRILLING, and Research and Engineering. The Top Drive business consists of top drive sales, top drive rentals and after-market sales and service. The Tubular Services business includes both its proprietary and conventional tubular services. The CASING DRILLING segment consists of its proprietary CASING DRILLING technology. The Research and Engineering segment consists of its research and development activities related to its tubular services, CASING DRILLING technology and top drive model development. In October 2011, the Company acquired Premiere Casing Services - Egypt S.A.E. (PCS).

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