Schoeller-Bleckmann Oilfield Equip. AG - R.SBO- Profile

Schoeller-Bleckmann Oilfield Equip. AG(SBOE). The Group's principal activities are manufacturing of specialty steel products, specialising in the manufacture of drill string components and other drill equipment, motors and parts. The Group's products include nonmagnetic steel components for use in measurement while drilling and logging, drilling motors and high speed-actuators. The Group also provides repair and maintenance services for its products. The Group has subsidiaries in Austria, the UK, Norway, the USA, Venezuela, Singapore, and UAE. Drill string products accounted for 81% of 2002 revenues; drilling tools, 7%; repair and maintenance, 7% and other sales, 5%.