PEOPLE, COMPANIES & PRODUCTS • DE PAR TM E NTS
Patterson-UTI promotes Holcomb, Garvin to new roles
James “Mike” Holcomb has been
promoted to the new position of Chief
Operating Officer of Patterson-UTI Energy,
while Mike Garvin has been promoted to
President of Patterson-UTI Drilling.

Mr Holcomb joined Patterson-UTI in
1988 through its acquisition of Robertson
Onshore and has held numerous leader-
ship positions at the company over the
years. For the past decade, he has served
as President of Patterson-UTI Drilling and
has held numerous leadership positions
with IADC.

Mr Garvin began his career with an
onshore drilling contractor in California,
and since then has held key leadership
and operational roles at Patterson-UTI,
GlobalSantaFe, Transocean and Ensco.

Mr Garvin also currently serves as IADC
Division VP North America Onshore.

Bishop Lifting rebrands, expands footprint with Worswick deal
Bishop Lifting Products has rebranded
under the name of Bishop Lifting, which
now includes Matex, American Wire Rope
& Sling, LA Crane, Western Sling and Delta
Rigging & Tools. Meanwhile, its rental
branches will become Bishop Lifting
Rentals. This includes Delta Rigging &
Tools and Morgan City Rentals.

Bishop Lifting recently also complet-
ed its acquisition of Worswick Group
Holdings, including Certified Slings and
Supply. This is Bishop’s 11th acquisition
since 2012. Worswick has 10 operating
locations across Florida, and the company
said Certified Slings and Supply will main-
tain its local branding.

GDEP announces partnerships
with US Well Services, Catalyst
GD Energy Products (GDEP) announced
it will supply 3,000-hp pumps, each pow-
ered by an electric drive motor, for US Well
Services’ Nyx Clean Fleet e-frac system.

The pump were specifically designed for
the Nyx Clean Fleet. Two of these pumps
will be placed on each trailer, and each
6,000-hp Nyx trailer will take the place of
2.5 conventional diesel units.

Separately, Catalyst Energy Services
has selected GDEP’s Thunder 5000, a quin-
tuplex pump with an 11-in. stroke rated
for 5,000 hp, to safely maximize flow at
a slower operating speed in its patents-
pending frac solution, VortexPrime. The
pump contributes to the proprietary tech-
nology within VortexPrime that reduces
the number of trucks in its fleet from 20
to just eight, enabling faster setup and
take-down. ABS establishes maritime
software as a service company
ABS Wavesight is a new maritime soft-
ware as a service (SaaS) company that is
integrating ABS’ Nautical Systems and My
Digital Fleet platforms, which are collec-
tively installed on more than 5,000 vessels
across the global fleet. My Digital Fleet is
an AI-driven analytics and performance
Seadrill to acquire Aquadrill
Seadrill has announced it will
acquire Aquadrill in an all-stock trans-
action. The combined company will
own 12 floaters – including seven 7th-
generation drillships – three harsh-
environment rigs, four benign jack-
ups, and three tender-assisted rigs.

Additionally, seven rigs will be man-
aged under strategic partnerships.

ABL Group adds HOSE
International to portfolio
ABL Group has acquired the opera-
tions of well control equipment spe-
cialists HOSE International. HOSE’s UK
business will become part of ABL’s
global operations. Over the past three
decades, HOSE has completed approxi-
mately 2,300 inspections on more than
700 drilling rigs.

Molinaro takes new
positions for DLS Archer
Gerardo Molinaro, previously CFO
of DLS Archer, has been appointed to
serve as VP of Land Drilling. He will
oversee operations in Argentina and
Bolivia for Archer and its subsidiaries
DLS Argentina, DLS Archer and Archer
DLS Bolivia.

Pason invests in IWS
Catalyst Energy Services’ VortexPrime frac
solution will incorporate GDEP’s Thunder
5000 pump to maximize flow at a slower
operating speed.

visualization platform, and Nautical
Systems provides comprehensive tools for
fleet management to improve reliability
and performance.

Viking Completions awarded
new contracts in MENA
Dubai-based Viking Completion Tech-
nology was awarded multiple contracts to
deliver its well completion manufacture
and design services to major operators in
the Middle East and North Africa (MENA)
region, including in the UAE, Iraq and
Oman. The contracts encompass Viking’s
completion packers, sliding side doors,
landing nipples and associated comple-
tion accessories.

Pason Systems has increased
its non-controlling investment in
Intelligent Wellhead Systems (IWS)
through the acquisition of outstanding
common shares of IWS for $7.9 million
and an agreement to invest up to $25
million in preferred shares of IWS.

Schlumberger becomes SLB,
acquires Gyrodata
Schlumberger has announced a new
name, SLB, symbolizing its ambition to
be a global technology company driv-
ing the future of energy. The new SLB
brand will focus on four main areas:
new energy systems, industrial decar-
bonization, digital at scale, and oil and
gas innovation.

In separate news, SLB acquired
Gyrodata. Gyrodata’s wellbore place-
ment and surveying technologies
will be integrated within SLB’s Well
Construction business.

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