We are pleased to announce that we have completed the acquisition of 95% of the stake in Santa Fe Oil Rigs, marking a significant milestone in our business history. With more than 50 years in the field, at TB Cargo we have reinforced our position as one of the main players in the drilling industry, incorporating Santa Fe Oil Rigs, a company specialized in high-quality rotary drilling services, to our range. of services.
Santa Fe Oil Rigs, together with its equipment, state-of-the-art technology and a contract in execution with Litea, from the Chinese firm Gang Feng, is now part of our comprehensive solutions offer.
“We are excited to welcome Santa Fe Oil Rigs to the TB Cargo family,” commented Lisandro Garmendia, President of TB Cargo. “This acquisition is a strategic step that allows us to expand our competencies and offer an even more complete service to our clients.”
With this acquisition, we reaffirm our commitment to operational excellence and growth in the drilling services market. We continue to expand our portfolio of services within our "Energy" business unit, which covers both the Oil and Gas (O&G) sector, with the sale of inputs and logistics specialized in basins, as well as Mining. In this last area, we offer a full range of services, from drilling wells in salt flats, preparing mud and taking samples, to cementing and well workover services (Pulling).
With a vision focused on expansion, at TB Cargo we position ourselves as undisputed leaders in the energy industry, with a constant commitment to innovation and quality. We establish standards of excellence and consolidate a portfolio of comprehensive solutions that accompany the development of each client's projects at a regional level.
A few months ago, we presented “All countries, one route”, reflecting the unification and specialization of our units and regional presence towards a new era, marking the constant movement in each solution, in each service, in each direction, as strategic regional partners .
Now, in a constantly evolving sector, we demonstrate that we are prepared to lead the way towards an even more promising future.