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Nabors becomes largest shareholder in geothermal driller Quaise Energy

Nabors Industries completed a $35 million strategic equity investment in Quaise Energy, making Nabors the geothermal drilling technology company’s largest shareholder with a fully diluted stake of 14%, the companies said 27 August 2026. The funding, part of Quaise’s Series B financing round, was made through the issuance of approximately 392,000 shares of Nabors common …

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