Varel Energy Solutions completed the acquisition of Ace Well Technology.

Varel Energy Solutions, an independent manufacturer and supplier of downhole drilling and completions products, completed the acquisition of Ace Well Technology, an international supplier of oilfield casing, cementing, and completion products. Financial terms were not disclosed.​ "We are excited to service our customers more broadly in the offshore and smart completions markets through the proven and credible offerings within the ACE portfolio," Derek Nixon, Varel Energy President & CEO.