Latest news with #Newpark
Barnama
10 hours ago
- Business
- Barnama
Newpark Strengthens Leadership Team, Invests In Global Expansion Post-acquisition
BUSINESS KUALA LUMPUR, June 26 (Bernama) -- Newpark Fluids Systems (Newpark), a global independent provider of drilling and completion fluids solutions, has announced key additions to its executive leadership and Board of Directors, alongside significant capital investments aimed at accelerating global growth and operational excellence. Newpark Chief Executive Officer (CEO), David Paterson said these individuals bring exceptional experience and strategic insight that align with the company's mission to deliver value and innovation to its customers globally. 'Their leadership will play a key role in shaping our next chapter of growth,' he said in a statement. The strategic appointments come on the heels of Newpark's 2024 acquisition by SCF Partners (SCF) and include the hiring of Nathan Snoke as Senior Vice President (SVP) for the Western Hemisphere. Snoke brings nearly 20 years of experience in North American oilfield operations, having held operational and commercial leadership positions at Halliburton and Flotek across major United States (US) shale basins, including the Permian, Marcellus, and Haynesville. In parallel with its executive appointments, Newpark has also strengthened its Board by bringing on three experienced senior industry leaders. Among them is the former CEO of Anchor Drilling Fluids, Robert West, who successfully led the company's growth from US$25 million to nearly US$500 million in revenue. (US$1=RM4.22) Joining him is W. Quentin Dyson, previously Southwestern Energy SVP of Operations, who brings more than 30 years of leadership in engineering and field operations, with prior roles at EP Energy, BP, and Schlumberger. Rounding out the additions is Noble Corporation Executive VP and Chief Financial Officer, Richard Barker, whose deep expertise in finance and corporate strategy stems from a 15-year investment banking career at Moelis & Company and JPMorgan. As part of its broader strategic initiatives, Newpark also announced two major infrastructure investments, namely the development of a liquid mud facility in West Texas and the establishment of a technology centre of excellence in Saudi Arabia. Both projects are aimed at enhancing regional capabilities and supporting long-term partnerships in key energy markets.
Business Upturn
11 hours ago
- Business
- Business Upturn
Newpark Fluids Systems Strengthens Executive Leadership and Board to Drive Continued Growth
By Business Wire India Published on June 26, 2025, 11:58 IST Houston, United States: Newpark Fluids Systems ('Newpark' or the 'Company'), a leading global independent provider of drilling and completion fluids solutions, and SCF Partners ('SCF') are pleased to announce several key additions to the Company's executive leadership and Board of Directors. These strategic appointments, along with significant capital investments, including the development of a leading liquid mud facility in West Texas and a new technology center of excellence in Saudi Arabia, underscore Newpark's commitment to operational excellence, customer value, and accelerated global growth following its acquisition in 2024. Nathan Snoke has joined Newpark Fluids Systems as Senior Vice President, Western Hemisphere bringing nearly two decades of predominantly North American oilfield experience to his role, most recently holding operational and commercial leadership positions with Halliburton and Flotek. He has worked across every major U.S. shale play—from the Rockies and Permian to the Marcellus and Haynesville—developing a deep understanding of basin-specific challenges and customer needs. In addition to this key executive hire, Newpark has expanded its Board of Directors with the following senior industry leaders: Robert West – Former CEO of Anchor Drilling Fluids, Robert brings over 50 years of leadership in the oil and gas industry. During his tenure at Anchor, he guided the company from $25 million to nearly $500 million in revenue, overseeing significant growth and strategic acquisitions. – Former CEO of Anchor Drilling Fluids, Robert brings over 50 years of leadership in the oil and gas industry. During his tenure at Anchor, he guided the company from $25 million to nearly $500 million in revenue, overseeing significant growth and strategic acquisitions. W. Quentin Dyson – Most recently Senior Vice President of Operations at Southwestern Energy, Quentin brings 30+ years of experience leading engineering and field operations across drilling, completions, and integrated services. Quentin also held senior roles at EP Energy, BP, and Schlumberger. – Most recently Senior Vice President of Operations at Southwestern Energy, Quentin brings 30+ years of experience leading engineering and field operations across drilling, completions, and integrated services. Quentin also held senior roles at EP Energy, BP, and Schlumberger. Richard Barker – EVP and CFO at Noble Corporation, Richard has a deep financial and strategic background from his 15-year investment banking career at Moelis & Company and JPMorgan. David Paterson, CEO of Newpark Fluids Systems, commented, 'We are thrilled to welcome Nathan, Robert, Quentin, and Richard to the Newpark team. Each brings a unique set of skills and experience that perfectly complements our strategy for expansion, innovation, customer alignment and long-term value creation in both domestic and international markets . Their leadership will play a key role in shaping our next chapter of growth.' 'Newpark has long been a global leader in drilling and completion fluids, known for its technical strength, customer focus, and operational reliability. These new leaders, coupled with our strategic infrastructure investments, will deepen our capabilities and position us to grow with our customers—across established basins and in emerging markets.' — Deviyani Misra-Godwin, Managing Director at SCF Partners and Board Member, Newpark Fluids Systems About Newpark Fluids Systems Newpark Fluids Systems is a leading provider of drilling and completion fluids solutions, serving oil and gas operators across the globe with a rapidly growing footprint in the geothermal space. With a commitment to performance, sustainability, and innovation, Newpark delivers customized fluid systems and engineering services that maximize drilling efficiency and well productivity. For more information, visit About SCF Partners Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies, made more than 400 additional acquisitions, and also developed 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Aberdeen, and Australia. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
National Post
a day ago
- Business
- National Post
Newpark Fluids Systems Strengthens Executive Leadership and Board to Drive Continued Growth
Article content HOUSTON — Newpark Fluids Systems ('Newpark' or the 'Company'), a leading global independent provider of drilling and completion fluids solutions, and SCF Partners ('SCF') are pleased to announce several key additions to the Company's executive leadership and Board of Directors. These strategic appointments, along with significant capital investments, including the development of a leading liquid mud facility in West Texas and a new technology center of excellence in Saudi Arabia, underscore Newpark's commitment to operational excellence, customer value, and accelerated global growth following its acquisition in 2024. Article content Nathan Snoke has joined Newpark Fluids Systems as Senior Vice President, Western Hemisphere bringing nearly two decades of predominantly North American oilfield experience to his role, most recently holding operational and commercial leadership positions with Halliburton and Flotek. He has worked across every major U.S. shale play—from the Rockies and Permian to the Marcellus and Haynesville—developing a deep understanding of basin-specific challenges and customer needs. Article content In addition to this key executive hire, Newpark has expanded its Board of Directors with the following senior industry leaders: Article content Robert West – Former CEO of Anchor Drilling Fluids, Robert brings over 50 years of leadership in the oil and gas industry. During his tenure at Anchor, he guided the company from $25 million to nearly $500 million in revenue, overseeing significant growth and strategic acquisitions. W. Quentin Dyson – Most recently Senior Vice President of Operations at Southwestern Energy, Quentin brings 30+ years of experience leading engineering and field operations across drilling, completions, and integrated services. Quentin also held senior roles at EP Energy, BP, and Schlumberger. Richard Barker – EVP and CFO at Noble Corporation, Richard has a deep financial and strategic background from his 15-year investment banking career at Moelis & Company and JPMorgan. Article content David Paterson Article content 'We are thrilled to welcome Nathan, Robert, Quentin, and Richard to the Newpark team. Each brings a unique set of skills and experience that perfectly complements our strategy for expansion, innovation, customer alignment and long-term value creation in both domestic and international markets . Their leadership will play a key role in shaping our next chapter of growth.' Article content 'Newpark has long been a global leader in drilling and completion fluids, known for its technical strength, customer focus, and operational reliability. These new leaders, coupled with our strategic infrastructure investments, will deepen our capabilities and position us to grow with our customers—across established basins and in emerging markets.' — Deviyani Misra-Godwin, Managing Director at SCF Partners and Board Member, Newpark Fluids Systems Article content About Newpark Fluids Systems Article content Newpark Fluids Systems is a leading provider of drilling and completion fluids solutions, serving oil and gas operators across the globe with a rapidly growing footprint in the geothermal space. With a commitment to performance, sustainability, and innovation, Newpark delivers customized fluid systems and engineering services that maximize drilling efficiency and well productivity. For more information, visit Article content About SCF Partners Article content Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies, made more than 400 additional acquisitions, and also developed 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Aberdeen, and Australia. Article content Article content Article content
Yahoo
a day ago
- Business
- Yahoo
Newpark Fluids Systems Strengthens Executive Leadership and Board to Drive Continued Growth
HOUSTON, June 25, 2025--(BUSINESS WIRE)--Newpark Fluids Systems ("Newpark" or the "Company"), a leading global independent provider of drilling and completion fluids solutions, and SCF Partners ("SCF") are pleased to announce several key additions to the Company's executive leadership and Board of Directors. These strategic appointments, along with significant capital investments, including the development of a leading liquid mud facility in West Texas and a new technology center of excellence in Saudi Arabia, underscore Newpark's commitment to operational excellence, customer value, and accelerated global growth following its acquisition in 2024. Nathan Snoke has joined Newpark Fluids Systems as Senior Vice President, Western Hemisphere bringing nearly two decades of predominantly North American oilfield experience to his role, most recently holding operational and commercial leadership positions with Halliburton and Flotek. He has worked across every major U.S. shale play—from the Rockies and Permian to the Marcellus and Haynesville—developing a deep understanding of basin-specific challenges and customer needs. In addition to this key executive hire, Newpark has expanded its Board of Directors with the following senior industry leaders: Robert West – Former CEO of Anchor Drilling Fluids, Robert brings over 50 years of leadership in the oil and gas industry. During his tenure at Anchor, he guided the company from $25 million to nearly $500 million in revenue, overseeing significant growth and strategic acquisitions. W. Quentin Dyson – Most recently Senior Vice President of Operations at Southwestern Energy, Quentin brings 30+ years of experience leading engineering and field operations across drilling, completions, and integrated services. Quentin also held senior roles at EP Energy, BP, and Schlumberger. Richard Barker – EVP and CFO at Noble Corporation, Richard has a deep financial and strategic background from his 15-year investment banking career at Moelis & Company and JPMorgan. David Paterson, CEO of Newpark Fluids Systems, commented,"We are thrilled to welcome Nathan, Robert, Quentin, and Richard to the Newpark team. Each brings a unique set of skills and experience that perfectly complements our strategy for expansion, innovation, customer alignment and long-term value creation in both domestic and international markets . Their leadership will play a key role in shaping our next chapter of growth." "Newpark has long been a global leader in drilling and completion fluids, known for its technical strength, customer focus, and operational reliability. These new leaders, coupled with our strategic infrastructure investments, will deepen our capabilities and position us to grow with our customers—across established basins and in emerging markets."— Deviyani Misra-Godwin, Managing Director at SCF Partners and Board Member, Newpark Fluids Systems About Newpark Fluids Systems Newpark Fluids Systems is a leading provider of drilling and completion fluids solutions, serving oil and gas operators across the globe with a rapidly growing footprint in the geothermal space. With a commitment to performance, sustainability, and innovation, Newpark delivers customized fluid systems and engineering services that maximize drilling efficiency and well productivity. For more information, visit About SCF Partners Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies, made more than 400 additional acquisitions, and also developed 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Aberdeen, and Australia. View source version on Contacts Media Contact: Kassie Harris, Sr. Mgr. Strategy & Marketing, kharris@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
a day ago
- Business
- Business Wire
Newpark Fluids Systems Strengthens Executive Leadership and Board to Drive Continued Growth
HOUSTON--(BUSINESS WIRE)--Newpark Fluids Systems ('Newpark' or the 'Company'), a leading global independent provider of drilling and completion fluids solutions, and SCF Partners ('SCF') are pleased to announce several key additions to the Company's executive leadership and Board of Directors. These strategic appointments, along with significant capital investments, including the development of a leading liquid mud facility in West Texas and a new technology center of excellence in Saudi Arabia, underscore Newpark's commitment to operational excellence, customer value, and accelerated global growth following its acquisition in 2024. Nathan Snoke has joined Newpark Fluids Systems as Senior Vice President, Western Hemisphere bringing nearly two decades of predominantly North American oilfield experience to his role, most recently holding operational and commercial leadership positions with Halliburton and Flotek. He has worked across every major U.S. shale play—from the Rockies and Permian to the Marcellus and Haynesville—developing a deep understanding of basin-specific challenges and customer needs. In addition to this key executive hire, Newpark has expanded its Board of Directors with the following senior industry leaders: Robert West – Former CEO of Anchor Drilling Fluids, Robert brings over 50 years of leadership in the oil and gas industry. During his tenure at Anchor, he guided the company from $25 million to nearly $500 million in revenue, overseeing significant growth and strategic acquisitions. W. Quentin Dyson – Most recently Senior Vice President of Operations at Southwestern Energy, Quentin brings 30+ years of experience leading engineering and field operations across drilling, completions, and integrated services. Quentin also held senior roles at EP Energy, BP, and Schlumberger. Richard Barker – EVP and CFO at Noble Corporation, Richard has a deep financial and strategic background from his 15-year investment banking career at Moelis & Company and JPMorgan. David Paterson, CEO of Newpark Fluids Systems, commented, "We are thrilled to welcome Nathan, Robert, Quentin, and Richard to the Newpark team. Each brings a unique set of skills and experience that perfectly complements our strategy for expansion, innovation, customer alignment and long-term value creation in both domestic and international markets . Their leadership will play a key role in shaping our next chapter of growth." 'Newpark has long been a global leader in drilling and completion fluids, known for its technical strength, customer focus, and operational reliability. These new leaders, coupled with our strategic infrastructure investments, will deepen our capabilities and position us to grow with our customers—across established basins and in emerging markets.' — Deviyani Misra-Godwin, Managing Director at SCF Partners and Board Member, Newpark Fluids Systems About Newpark Fluids Systems Newpark Fluids Systems is a leading provider of drilling and completion fluids solutions, serving oil and gas operators across the globe with a rapidly growing footprint in the geothermal space. With a commitment to performance, sustainability, and innovation, Newpark delivers customized fluid systems and engineering services that maximize drilling efficiency and well productivity. For more information, visit About SCF Partners Founded in 1989, SCF provides equity capital and strategic growth assistance to build and grow leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 80 platform companies, made more than 400 additional acquisitions, and also developed 18 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Aberdeen, and Australia.
