Wellbore Integrity Solutions Announces the Restoration of the Red Baron Brand Name
Wellbore Integrity Solutions (WIS) today announced that it is bringing back the Red Baron brand name for its Fishing and Remedial product line. The Red Baron brand name has a strong reputation for knowledge, performance, quality, and a responsive commitment to customers. The reintroduction of Red Baron reflects the dedication …
Schlumberger Announces First-Quarter 2020 Results
Worldwide revenue of $7.5 billion decreased 9% sequentially and 5% year-on-year International revenue of $5.1 billion decreased 10% sequentially, but increased 2% year-on-year North America revenue of $2.3 billion decreased 7% sequentially and 17% year-on-year GAAP loss per share, including charges of $5.57 per share, was $5.32 EPS, excluding charges, …
Schlumberger: Well Integrity Solutions Group & Rhône Capital Acquires Fishing and Tubular Business for $400m USD
Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger today jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services, along with part of a manufacturing facility located …