News/Media

HAMILTON, Bermuda, October 15, 2024 /PRNewswire/ - Nabors Industries Ltd. (“Nabors”) (NYSE: NBR) and Parker Wellbore (“Parker”) today announced a definitive agreement under which Nabors will acquire all of Parker’s issued and outstanding common shares in exchange for...

March 12, 2024, Houston, Texas and Vienna, Austria Parker Wellbore and TDE have entered into an exclusive strategic alliance aimed at revolutionizing the drilling process. The TDE /Parker partnership will perform pilot projects and commercialize TDE’s proprietary tde...

Parker Wellbore's President and CEO, Sandy Esslemont, talks with World Oil’s Jim Watkins about energy transition and the important role of the oil and gas industry in the future of energy. Listen to the full interview

In this episode of World Oil Deep Dive, Jim Watkins sits down with Parker Wellbore CEO Sandy Esslemont and TDE Founder and CEO Gerhard Thonhauser to talk about their recent partnership and the innovative tde powerline technology. They explain how their collaboration...

Parker Wellbore has acquired International Tubular Management (ITM) of Norway. This acquisition expands Parker's footprint in Norway for Machine Shop Services and the UKCS for OCTG and Premium Rotary Tubular Repair. We are proud to offer a number of services and API...

Congratulations to our Parker Wellbore LATAM Tubular Running Service Product Line, who recently provided services to Tenaris, a Global Industry Leader in Premium Thread Connection Technology, at their RigDirect® Academy in Veracruz, Mexico. Our team supported...

Parker Wellbore's President and CEO, Sandy Esslemont, recently talked with CEO North America magazine about how Parker is embracing the mantra of One Parker and how that positions the company for the energy transition. As the world moves towards a lower carbon...

Parker Wellbore’s  Sr. VP of Global Operations, Brage Johannessen recently spoke at this year’s PIVOT 'From Hydrocarbons to Heat' Geothermal Conference Series. PIVOT is a decade-long conference series focused on catalyzing startups, governments, philanthropists,...

Congratulations to our Parker Wellbore EAFC team on their first major project with our Norwegian partners Toolserv AS. Our team successfully delivered a full drilling package consisting of a rig drillstring, BHA, well control valves and handling equipment to a major...

Parker Wellbore's CFO, Michael Sumruld, recently talked with CFO THOUGHT LEADER about “When Leaders Want More”. Mike details the pathway of his very successful career and key opportunities he had with companies such as Baker Hughes and LyondellBassell. He also...

Parker Wellbore strives to reduce our environmental impact through the products and services we offer and how we operate as a company. At a minimum, we implement business practices that minimize pollution and incorporate life-cycle thinking into the design,...

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