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Hunting PLC secured a record $145 million OCTG order from a Middle East National Oil Company, with revenue expected from late Q4 2024 into 2025.
Hunting PLC secured a record $145 million order for premium OCTG casing from Kuwait Oil Company, with revenue expected from late Q4 2024 into 2025.
Rival Downhole Tools has acquired the operating assets of Hunting Energy Services (Drilling Tools), Inc., with Hunting PLC taking a minority equity interest in Rival. The deal increases Rival's US footprint and supports international expansion.