Varel International Energy Services (now wholly-owned by Varel Energy Solutions) Email Format

Oil and GasTexas, United States201-500 Employees

Varel International Energy Services, now wholly owned by Varel Energy Solutions, is a multinational manufacturer and supplier of downhole drilling and completion products for the oil and gas industry. Headquartered in Houston, Texas, it serves oil and gas, renewable energy, and industrial markets with roller cone and fixed cutter drill bits along with a full line of primary cementing equipment. The company operates a global manufacturing footprint with facilities in Matamoros, Mexico; Aberdeen, Scotland; Ibos, France; Dammam, Saudi Arabia; Kurgan, Russia; and Houston, Texas (established 2021), complemented by sales offices worldwide.

Founded in 1947, the company is a large independent supplier within the energy sector, focusing on reliable downhole solutions for drilling and completion. Its recent strategic development includes the January 2025 acquisition of Ace Well Technology AS, reflecting growth through acquisitions.

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