Bruce Herzog, Beatrice Lo, Omar Shariff
January 24, 2026
Latham & Watkins Advises Lime Rock Partners in Ardyne’s Strategic Partnership With Weatherford
1 min
AI-made summary
- Weatherford International plc has entered into a strategic partnership with Ardyne, a company specializing in well-decommissioning technology
- The collaboration aims to provide a comprehensive portfolio of Plug & Abandonment and Slot Recovery solutions to customers worldwide
- Latham & Watkins LLP is representing Lime Rock Partners, the private equity firm that owns Ardyne, in the transaction, with a cross-border team led by partners in Houston and London.
Weatherford International plc (NASDAQ: WFRD) announced a strategic partnership with Ardyne, a leader in specialized well-decommissioning technology. This agreement will enable Weatherford and Ardyne to deliver significant value to customers globally by offering the industry’s most comprehensive portfolio of Plug & Abandonment and Slot Recovery solutions. Latham & Watkins LLP represents Lime Rock Partners, a private equity firm focused solely on the upstream oil and gas sector of which Ardyne is a portfolio company, in the transaction with a cross-border corporate deal team led by Houston private equity and M&A partner Bruce Herzog and London private equity and M&A partner Beatrice Lo, with Houston associate Omar Shariff.~~
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Bruce Herzog, Beatrice Lo, Omar Shariff
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