Energy Magazine October 2014 | Page 158

AJ Lucas
in its own right , we ’ ll partner with Spiecapag to deliver to our clients ,” Sweeting said . “ It ’ s proven to be a very successful relationship that ’ s been fostered and valued within Lucas for many years now .”
Lucas also holds several investments in subsidiaries , one of which is U . K . -based exploration drilling company Cuadrilla . Through Cuadrilla , Lucas has partnerships with a number of different companies , making it quite important to the investment side . Lucas holds a 45 percent equity interest in the company and since 2007 , has invested a net $ 91 billion in it .
Other international partnerships include one with the China Petroleum Pipeline Bureau , and both parties are of often in talks on where they can benefit each other from the relationship . “ We ’ re currently doing a job in Hong Kong in which Lucas actually held key positions on HDD and we ’ re helping them deliver quite a technically challenging HDD project over