Nbr) today announced the closing of its acquisition of parker wellbore. Through its various subsidiaries, nabors manufactures and sells top drives, catwalks, wrenches, drawworks and other drilling related equipment which are installed on both onshore and. International drilling adjusted ebitda totaled $115.5 million, compared to $112.0 million in the fourth quarter of 2024.
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With operations in about 15 countries, nabors industries is a leading provider of advanced technology for the energy industry.
With the addition of parker's operations, nabors drilling solutions now comprises over 25% of adjusted ebitda from our operating segments.
The parker product lines in nds. Shortly thereafter, we created a new business division called nabors drilling solutions or nds, to develop, integrate and automate drilling services traditionally not performed by drilling. Average rig count was essentially in line with activity. With the restart of the algerian operation, nabors has been able to.
Nbr) today reported fourth quarter 2024 operating revenues of $730.
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