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Nabors makes $35 million equity investment in Quaise Energy, lifts stake to 14%

PUBT·08/27/2026 11:00:56
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Nabors makes $35 million equity investment in Quaise Energy, lifts stake to 14%
  • Nabors Industries completed a USD 35 million strategic equity investment in Quaise Energy in its Series B round.
  • Deal makes Nabors Quaise’s largest shareholder with 14% fully diluted ownership.
  • Funding was made through issuance of about 392,000 Nabors common shares.
  • Investment adds an exclusivity arrangement for drilling services on Quaise geothermal projects, targeting superhot geothermal commercialization.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nabors Industries Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608270700PR_NEWS_USPR_____DA34813) on August 27, 2026, and is solely responsible for the information contained therein.