Dril-Quip Inc.
About
Dril-Quip is a leading manufacturer of highly engineered drilling and production equipment for use onshore and offshore, which is particularly well suited for use in deep water, harsh environments and severe service applications.
Editor's note: Updated May 18, 2020.
Transactions
Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings
Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings
Dril-Quip Continues Growth With Acquisition Of OPT
Dril-Quip Continues Growth With Acquisition Of OPT
Land Ho! Dril-Quip Comes Ashore In $143 Million Deal
Land Ho! Dril-Quip Comes Ashore In $143 Million Deal
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New Financings
Dril-Quip Inc. said that its board of directors has authorized a stock repurchase program under which the…
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News
Innovex Completes Acquisition of Citadel Casing Solutions
Innovex International’s CEO said the deal bolsters its position in the U.S.' cementing tool market and supports efforts to grow market share in the offshore and international markets.
Service Companies Innovex, Dril-Quip Complete Merger
The combined onshore and offshore services companies Dril-Quip Inc. and Innovex Downhole Solutions, are expected to generate more than $1 billion in annual revenue.
How Chevron’s Anchor Took on the ‘Elephant’ in the GoM’s Deepwater
First oil at Chevron's deepwater Anchor project is a major technological milestone in a wider industry effort to tap giant, ultra-high-pressure, high-temperature reservoirs in the Gulf of Mexico.
Advisory Firm ISS Urges Dril-Quip Shareholders to Vote for Innovex Merger
Dril-Quip stockholders will meet to vote on the merger at 9:30 a.m. CT Sept. 5.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Oilfield Service Companies Dril-Quip, Innovex to Merge
Dril-Quip Inc. and Innovex Downhole Solutions Inc. will emerge as a new company, Innovex International, with expanded reach in global markets.
E&P Highlights: Feb. 26, 2024
Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Dril-Quip Acquires Great North Wellhead
Dril-Quip has acquired Great North Wellhead and its subsidiaries for approximately $80 million in an all-cash transaction.
Women in Energy: Carri Lockhart, Dril-Quip
Today’s featured 25 Influential Women in Energy honoree is Carri Lockhart, the former CTO and executive vice president of digital and innovation at Oslo, Norway-based Equinor ASA who currently serves as a member of the Dril-Quip board of directors.
EAG Services CEO, Former Equinor CTO Discuss What’s Next for IIoT and E&P
Women in Energy honorees Elizabeth Gerbel, CEO of EAG Services, and Carri Lockhart, Dril-Quip board member and former Equinor CTO, weigh in on what’s next for the industrial internet of things in the oil and gas industry.
Houston’s Dril-Quip Partners with Aker Solutions on Carbon Capture Projects
The agreement focuses on the strengths of both companies to deliver an optimum solution for carbon capture and storage.
Dril-Quip Appoints Kyle McClure as CFO
Houston-based Dril-Quip Inc. has announced that its board of directors has appointed Kyle F. McClure as its vice president and CFO, effective January 1, 2022.
Dril-Quip CFO Raj Kumar to Resign for ‘Another Opportunity’
Dril-Quip said in an Oct. 1 release it had engaged an executive search firm to conduct a search for its next CFO following the resignation of Raj Kumar.
Dril-Quip Appoints Jeff Bird to Succeed Blake DeBerry as CEO
The Dril-Quip board appointed Jeffrey J. Bird to replace Blake T. DeBerry, who will step down by year-end after about 33 years with the Houston-based company including 10 years as its CEO.
Subsea Players ‘Dying to Embrace’ the Energy Transition
Technology providers Dril-Quip, Trendsetter Vulcan Offshore and Proserv Controls share insights on how existing subsea oil and gas technologies and expertise are being used in the renewables space offshore.