Parker Wellbore and TDE Join Forces to Transform the Drilling Industry With Tde Powerline
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 powerline™ downhole power and data highway and will provide tde powerline services globally. tde powerline, provided by the TDE/Parker partnership, …
Parker Wellbore Completes Acquisition of International Tubular Management
Parker Wellbore, a global wellbore construction expert, has acquired International Tubular Management (ITM) of Norway. The acquisition will allow Parker Wellbore to enter the Norwegian market to better serve customers along the Norway Continental Shelf. Parker Wellbore will leverage the existing technology utilized by ITM while applying lessons learned from …
Parker Wellbore: Sets Six-Point Plan to Achieve New Environmental, Social, and Governance Goals
Leading international oilfield services company Parker Wellbore today launched its six-point plan to ensure the organization plays a leading role in tackling climate change challenges for its customers. The program for success is outlined in the company’s inaugural Environmental Social Governance (ESG) report, which addresses the organization’s commitment to key environmental, social, …
Parker Wellbore, a Global Wellbore Construction Expert, Announces a Strategic Partnership with Helmerich & Payne (H&P) and Acquires all of H&P’s Casing Running Assets
Parker Wellbore and Helmerich & Payne have entered into a Strategic Partnership agreement. This partnership aligns with both companies’ strategic plans in the U.S. land tubular and casing running services (TRS) market. The agreement with H&P, the largest U.S. drilling solution provider, accelerates Parker Wellbore’s TRS growth strategy in the …