NABORS INDUSTRIES ANNOUNCES APPOINTMENT OF PRESIDENT OF NORTH SEA SUBSIDIARY
NABORS INDUSTRIES ANNOUNCES APPOINTMENT OF PRESIDENT
OF NORTH SEA SUBSIDIARY
HOUSTON, Jan. 14 /PRNewswire/ -- Nabors Industries, Inc. (AMEX: NBR) today announced the appointment of Larry Heidt as the president designate of Nabors' North Sea subsidiary, Loffland Nabors U.K. Ltd. Heidt will be replacing William Windsor who will be retiring shortly after 35 years with the company. Loffland Nabors is one of the leading offshore platform drilling and engineering companies working in the British North Sea.
Prior to joining Loffland Nabors, Heidt had been executive vice president of Noble Drilling Corporation, a position he held from November 1988 until January 1992. From 1986 to 1988, Heidt was president of Peter Bawden Drilling Ltd., which was acquired by Noble in 1988. Heidt had worked at Bawden in various positions since 1970.
Heidt's responsibilities at Noble included managing the operations for the company, as well as overseeing its marketing and engineering departments. Prior to assuming the role of president of Bawden, Heidt held senior positions in that company's North Sea operations. From 1982 until 1984 he served as Bawden's vice president and general manager for North Sea operations. From 1974 to 1979 he was operating manager in the North Sea.
Nabors Industries is one of the largest international drilling contractors, operating 100 land and 16 offshore rigs. Nabors is a major participant in most of the significant oil, gas and geothermal drilling markets in the world, including Alaska, the Middle East, South America, the North Sea, the Far East, Canada, the U.S. "lower 48" and the Gulf of Mexico. In addition, Nabors provides oilfield transportation and other support services in Alaska and the Middle East.
/CONTACT: Harris Kaplan of Nabors Industries, 713-874-0035/
(NBR) CO: Nabors Industries, Inc. ST: Texas IN: OIL SU: PER SH -- NY052 -- 9586 01/14/92 13:43 EST