Nabors Industries

Nabors Industries Ltd. 1st Quarter 2024 Earnings Conference Call Invitation

Retrieved on: 
Wednesday, April 3, 2024

The conference call will be recorded and available for replay for one week, until 4:00 p.m. CT on May 02, 2024.

Key Points: 
  • The conference call will be recorded and available for replay for one week, until 4:00 p.m. CT on May 02, 2024.
  • To hear the recording, please call (877) 344-7529 in North America or (412) 317-0088 internationally and enter Participant Elite Entry Number: 9793677.
  • Nabors will have a live audio webcast of the conference call available on its website at www.nabors.com .
  • An electronic version of the earnings release and, if applicable, any supplemental presentation also will be available to download from the website.

KCF Technologies Announces Integration with Nabors Industries to Enhance Predictive Maintenance for Oil and Gas Drilling Rigs

Retrieved on: 
Tuesday, February 20, 2024

STATE COLLEGE, Pa., Feb. 20, 2024 /PRNewswire/ -- KCF Technologies, a leader in predictive maintenance and machine health solutions, today announced an integration with Nabors Industries, pioneer of the RigCLOUD® digital drilling platform, enabling customers to bring data from their wireless machine sensors into the open cloud system.

Key Points: 
  • Equipment failures pose significant challenges in the oil and gas drilling industry and can lead to unplanned downtime, increased operational costs and potential safety hazards.
  • KCF Technologies' analytics, predictive insights and visualizations will soon be embedded within RigCLOUD's software suite, streamlining operations and decision-making processes.
  • RigCLOUD is now the exclusive provider of KCF Smartdiagnostics to oil and gas drilling contractors.
  • Dr. Jeremy Frank, CEO and Co-founder at KCF Technologies, said: "Our experience in providing predictive maintenance solutions has been transformative.

Sage Geosystems Raises $17 Million in Series A, Announces World’s First Commercial Geopressured Geothermal System (GGS) Facility

Retrieved on: 
Thursday, February 15, 2024

The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System (GGS) facility, which will be built in Texas.

Key Points: 
  • The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System (GGS) facility, which will be built in Texas.
  • The 3MW commercial facility, called EarthStore™, will use Sage Geosystems’ innovative technology that harvests energy from pressurized water stored deep underground.
  • “The first close of our Series A funding and our commercial facility are significant milestones in our mission to make Geopressured Geothermal System (GGS) technologies a reality,” said Cindy Taff, CEO of Sage Geosystems.
  • In 2023, Sage Geosystems successfully demonstrated the EarthStore™ system in a full-scale commercial pilot project in Texas.

Naborforce Brings Back Neighborly Help for Older Adults in the Research Triangle and Charlotte Metropolitan Area

Retrieved on: 
Friday, February 2, 2024

Distinguished as the sole on-demand platform of its kind, Naborforce matches older adults seeking neighborly help with a reliable network of fully vetted and trustworthy "Nabors."

Key Points: 
  • Distinguished as the sole on-demand platform of its kind, Naborforce matches older adults seeking neighborly help with a reliable network of fully vetted and trustworthy "Nabors."
  • "North Carolina, like most of the country, is growing older and families are under increasing pressure to help out their older relatives and loved ones," said Paige Wilson, founder and CEO of Naborforce.
  • "We are proud to bring joy to seniors in the Research Triangle and Charlotte area," added Wilson.
  • Passionate and caring Research Triangle and Charlotte Metropolitan community members wanting to impact the lives of older adults in their area and residents wishing to easily secure a "Nabor" for on-demand, neighborly help can learn more by visiting www.naborforce.com .

Nabors Industries Ltd. Fourth Quarter 2023 Earnings Conference Call Invitation

Retrieved on: 
Wednesday, January 3, 2024

The conference call will be recorded and available for replay for one week, until 4:00 p.m. CST on February 14, 2024.

Key Points: 
  • The conference call will be recorded and available for replay for one week, until 4:00 p.m. CST on February 14, 2024.
  • To hear the recording, please call (877) 344-7529 in North America or (412) 317-0088 internationally and enter Participant Elite Entry Number: 2492880.
  • Nabors will have a live audio webcast of the conference call available on its website at www.nabors.com .
  • An electronic version of the earnings release and, if applicable, any supplemental presentation also will be available to download from the website.

Vast and Nabors Energy Transition Corp. Announce Closing of Business Combination, Establishing Public Concentrated Solar Thermal Power Company

Retrieved on: 
Monday, December 18, 2023

Vast Renewables Limited (“Vast” or the “Company”), a renewable energy company specialising in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat, today announced the completion of its business combination (the “Business Combination”) with Nabors Energy Transition Corp. (“NETC”), an affiliate of Nabors Industries Ltd. (“Nabors”) (NYSE: NBR).

Key Points: 
  • Vast Renewables Limited (“Vast” or the “Company”), a renewable energy company specialising in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat, today announced the completion of its business combination (the “Business Combination”) with Nabors Energy Transition Corp. (“NETC”), an affiliate of Nabors Industries Ltd. (“Nabors”) (NYSE: NBR).
  • Grants and other support from the Australian and German governments, along with partnerships with leading corporations, demonstrate growing support for Vast’s breakthrough solution.
  • Since the announcement of the proposed Business Combination on February 14, 2023, Vast has continued to make significant strides, both commercially and technologically.
  • Over the course of the past year, Vast has achieved a number of project updates and partnership agreements.

Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date

Retrieved on: 
Tuesday, December 19, 2023

Nabors sponsored NETC as a capital efficient way to pursue significant investment opportunities supporting the energy transition.

Key Points: 
  • Nabors sponsored NETC as a capital efficient way to pursue significant investment opportunities supporting the energy transition.
  • Nabors announced its energy transition strategy in 2021 and has made significant strides towards its goal of delivering "Energy Without Compromise."
  • Anthony Petrello concluded by saying:
    "Our strategy to manage the energy transition is to embrace energy innovation over energy exclusion.
  • "In addition to Vast, and in pursuit of clean, renewable, scalable and dispatchable energy solutions, Nabors has invested in geothermal, alternative energy storage, emissions monitoring, hydrogen and advanced materials."

Nabors Announces Offering of $550 Million Senior Priority Guaranteed Notes

Retrieved on: 
Wednesday, November 15, 2023

HAMILTON, Bermuda, Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commenced an offering of $550 million senior priority guaranteed notes due 2030 (the "Notes").

Key Points: 
  • HAMILTON, Bermuda, Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commenced an offering of $550 million senior priority guaranteed notes due 2030 (the "Notes").
  • The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries which also guarantee the Existing Senior Priority Guaranteed Notes (as defined below).
  • The Notes will be senior unsecured obligations of NII and will rank pari passu with NII's existing 7.375% Senior Priority Guaranteed Notes due 2027 (the "Existing Senior Priority Guaranteed Notes").
  • The Notes will be guaranteed, jointly and severally, by (i) Nabors, (ii) each of the subsidiaries that guarantee Nabors' existing 7.25% Senior Guaranteed Notes due 2026 and 7.50% Senior Guaranteed Notes due 2028 (together, the "Existing Guaranteed Notes") and (iii) certain lower-tier subsidiaries of Nabors that guarantee NII's revolving credit facility (the "Revolving Credit Facility") but do not currently guarantee the Existing Guaranteed Notes (the "Lower Tier Notes Guarantors"), other than Nabors Alaska Drilling, Inc.

Nabors Industries Ltd. Third Quarter 2023 Earnings Conference Call Invitation

Retrieved on: 
Friday, October 6, 2023

The conference call will be recorded and available for replay for one week, until 4:00 p.m. CST on November 02, 2023.

Key Points: 
  • The conference call will be recorded and available for replay for one week, until 4:00 p.m. CST on November 02, 2023.
  • To hear the recording, please call (877) 344-7529 in North America or (412) 317-0088 internationally and enter Participant Elite Entry Number: 4807013.
  • Nabors will have a live audio webcast of the conference call available on its website at www.nabors.com .
  • An electronic version of the earnings release and, if applicable, any supplemental presentation also will be available to download from the website.

Susan G. Komen® To Host Race for the Cure in Houston This Fall

Retrieved on: 
Thursday, September 7, 2023

HOUSTON, Sept. 7, 2023 /PRNewswire/ -- Susan G. Komen ®, the world's leading breast cancer organization, today announced it will host a Race for the Cure this fall.

Key Points: 
  • HOUSTON, Sept. 7, 2023 /PRNewswire/ -- Susan G. Komen ®, the world's leading breast cancer organization, today announced it will host a Race for the Cure this fall.
  • The Houston Race for the Cure will take place on Saturday, Oct. 7, 2023.
  • The event will raise critical funds that support breast cancer patients, advance research, and provide patient navigation services to better serve those impacted by the disease.
  • "We look forward to welcoming runners and walkers to this event to make a difference in our fight against breast cancer," said Kristen Barley, executive director at Susan G. Komen.