Swedish engineering group Sandvik agreed to buy U.S.-based drill-bit maker Varel International Energy Services for $740 million, giving Sandvik an entry into oil and gas drilling.

Sandvik is presenting the Speedy bit – the fastest drill bit in the industry. In addition to 10% higher drilling speed, the innovative Speedy bit also delivers great collaring accuracy and hole ...

Top center drill bits are available in bit sizes 43, 45 and 48 millimeters with 2–3 raised end buttons and 7–8 gauge buttons in grade GC80 and connections R32, Sandvik Alpha 330 and R35 ...

Smith International Inc., Houston, and Sandvik AB of Sweden announced Tuesday a joint venture to design, manufacture, and market roller-cone and specialty drill bits for the mining and ...