RED Drilling & Services GmbH (former RAG Energy Drilling)

Europe’s energy sector is facing major challenges. Maintaining reliable energy supplies will depend on high levels of technological and commercial expertise, and an ability to innovate. 

Oil and gas exploration and development will continue to play a key role for a long time to come, and it will also be important to tap geothermal energy. Expertise in deep drilling will be crucial to exploiting these energy sources.

On 1 January 2014 RAG Austria AG founded a wholly owned subsidiary, RED Drilling & Services GmbH (RED), to meet these coming needs and market the drilling know-how it has accumulated in more than 80 years of operations. Since July 2019, UOS Drilling SA is the fully owner of RED.

Equipped with two modern rigs and employing highly trained staff, this new company will aim to partner clients’ drilling projects. 

RED will carry out oil and gas exploration and production drilling, as well as drilling storage and geothermal wells. It will be capable of drilling vertical, highly deviated, horizontal and ERD wells.