US driller to buy competitor in $360 million transaction

Nabors Industries to acquire Parker Wellbore for 4.8 million shares

Nabors chief executive Anthony Petrello. — Nabors chief executive Anthony Petrello.Photo: NABORS INDUSTRIES

Robert Stewart

North America Energy CorrespondentBaton Rouge

Published 16 October 2024, 18:45Updated 17 October 2024, 09:30

Nabors Industries Parker Wellbore United States Americas North America