Weatherford International to invest in Ardyne.

Weatherford International, a energy services provider, agreed to invest in Ardyne, a fledgling energy service company. Financial terms were not disclosed. “We are excited about this announcement, as it demonstrates our continuing commitment to innovation and value creation in the well-decommissioning space. Partnering with Ardyne was a clear and easy choice because together, we can address critical needs in the P&A market. We look forward to the mutual success this investment enables,” Girish K. Saligram, Weatherford President and CEO.