Release Date: 03 November 2009
Release ID: 4357
Houston, Texas, November 3, 2009 – Parker Drilling, a leader in high-performance contract drilling and project management solutions for the global energy industry, has entered into an agreement with Kuehne + Nagel to manage comprehensive logistics requirements for its international rig fleet.
Under the agreement, Kuehne + Nagel’s services will cover freight forwarding, export packing and most international transport-related processes. Kuehne + Nagel will be offering multi-modal (sea, air, road and rail) transportation services, as well as expedited service for emergency logistics needs. Additionally, Kuehne + Nagel will support Parker Drilling’s Project Engineering and Construction business.
Ed Fish, Kuehne + Nagel’s Senior Vice President Global Oil & Gas, said, “During the past twelve months, we have worked closely with Parker Drilling to ensure that implementations at each of its locations has been managed with complete customer satisfaction and no supply chain interruption.”
Kuehne + Nagel’s oil and gas capabilities help energy organizations manage their logistics strategies and operations across functional areas, including order management, transportation, physical distribution and supply chain security.
Specific capabilities include key account management with a dedicated customer-service department, rig and maritime support, a specialized rig-move task force, as well as FCPA compliance programs.
About Parker Drilling
Parker Drilling (NYSE: PKD) provides high-performance contract drilling solutions, rental tools and project management services to the worldwide energy industry. The Company’s Quail Tools division rents premium equipment to operators in active land and offshore markets in North America. Founded in 1934, Parker has set numerous world records for deep and extended-reach drilling and is an industry leader in safety performance. More information about Parker Drilling can be found at www.parkerdrilling.com.
About Kuehne + Nagel
With approximately 55,000 employees at 900 locations in more than 100 countries, the Kuehne + Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in the seafreight, airfreight and contract logistics businesses, with a clear focus on providing IT-based supply chain management services. For more information, please visit www.kuehne-nagel.com.
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