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Akastor subsidiary MHWirth acquired Bronco Manufacturing for $31.5 million to strengthen onshore aftermarket services and North American presence.
MHWirth was awarded a contract to deliver its DEAL ADC automatic drilling control systems on five Transocean drilling rigs operating on the Norwegian Continental Shelf for Equinor.
Transocean signed long-term contracts with Equinor to install automated drilling systems on five harsh-environment semisubmersible rigs. The systems use technology from Sekal, NOV, and MHWirth.