The driller expects the share of horizontaldrilling in its portfolio of projects to increase this year but has warned ofweaker revenues as it revealed an improved profit for last year.
Eurasia will order 14 new onshore units fordelivery between this year and 2016, with the majority being built in China butalso some to be constructed in Russia. Some of the new rigs will be heavierunits for horizontal drilling and tight oil plays.
Head