Premium Oilfield Technologies Acquires Global Drilling Support

Premium Oilfield Technologies announced today that it has executed agreements to buy Global Drilling Support “GDS” ( The acquisition of certain of the GDS entities is closed and was effective immediately as of October 31, 2019, and the acquisition of a smaller operation of GDS is part of a separate agreement which is subject to customary closing conditions and is expected to occur in the first quarter of 2020.

Read the entire article here: ANNOUNCEMENT