Where do you see the oilfield supply business headed in the Middle East and North Africa region (MENA)?
Jim Nixon. The MENA areas are of great importance to the ongoing business of Varel as our company provides both roller cone and PDC drill bits to operators throughout this region. We have worked diligently over the past few years to ramp up our service and support functions in order to increase our presence in the region. Our growth efforts also included placing a regional management and engineering office in Abu Dhabi. We believe this region demands the attention of any growth oriented supply company. We foresee the activity, in this area of proven hydrocarbon resources, continuing to command an increased commitment from the global supply industry. O&G. How are you structured in MENA? JN. The Eastern Hemisphere operations are run from Varel Europe, based in Pau, France. Our activities in Algeria are also directly managed from Pau. We strive to keep as much of the design, development, and drill bit production work we do close to the region, for our customers’ benefit. We perform a grea
