Under the contract, Amega will supply Petrobras with non-magnetic collars, stabilizers, and other tools for deepwater drilling projects on two rigs in the Gulf of Mexico.
Amega West president Reddy Godula said this contract is an excellent opportunity for the firm to expand its operations in the Gulf.
"As the number of rigs in the Gulf increases, we are able to further strengthen our position in the region," Godula added.
Amega expects that it will secure other contracts within the Gulf of Mexico as a result of the increased deepwater rig activity in the region.
The company’s equipment will be used by a major directional drilling service firm, along with their high-end rotary steerable tools.
In January 2011, Amega West was acquired by Wyomissing-based Carpenter Technology Corporation, which produces and distributes specialty alloys, including stainless steels, titanium alloys and superalloys.
