Rhône Capital – Energy Northern Perspective

Lummus Technology’s petrochemical technology portfolio – one of the industry’s most diversified – includes building block processes for a wide range of products derived from olefins and aromatics

McDermott completes minority investment in Lummus Technology

9 March 2021 Editor 0

McDermott International, Ltd has announced that it has invested in Lummus Technology Holdings I LLC, a holding company of Lummus Technology. Under the terms of the share and asset purchase agreement for the sale of […]

McDermott to proceed with Lummus Technology sale

4 March 2020 Editor 0

McDermott International, Inc. has announced that the company intends to move forward with the previously announced share and asset purchase agreement to sell all of the Lummus Technology business to a joint partnership between The […]

For more than 60 years, DRILCO has provided experts in inspection and machining services, and a range of tubular products and rigfloor equipment to support drilling operations

Schlumberger to sell fishing and tubulars businesses and assets

15 May 2019 Editor 0

Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger have jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, […]