News Release

HOUSTON, April 27, 2017 (GLOBE NEWSWIRE) -- Frank’s International N.V. (NYSE:FI) (Frank’s) will demonstrate the SKYHOOK™ Wireless Cement Line Make Up Device May 1-4, 2017, in Booth 1127 at the NRG Center as part of the 2017 Offshore Technology Conference (OTC 2017) taking place in Houston, Texas. The SKYHOOK™ is an award-winning, revolutionary solution for remotely connecting high pressure pumping lines during cementing operations, improving both safety and efficiency. Live technical presentations will take place at 1:30 p.m. each day of the exhibition in the Frank’s booth (1127).

The SKYHOOK™ eliminates the need for hands-on intervention high in the derrick during cementing operations, which increases efficiency and eliminates the dangerous potential for falls. When using the SKYHOOK™, operational flow-line make up time is reduced from half an hour to mere minutes and cementing operations can continue in even extreme weather conditions. In October 2016, the SKYHOOK™ was awarded the New Technology of the Year Award at the Texas Oil and Gas Awards, following its first field deployment in September 2016 in the Gulf of Mexico.

The SKYHOOK™ was patented and developed by Blackhawk Specialty Tools (Blackhawk) and is part of a technologically-advanced specialty cementing suite of products that complements the Frank’s tubular running services portfolio, allowing Frank’s to offer customers integrated well construction solutions, as well as well intervention and completions solutions, across land, shelf, and deepwater applications.

In addition to the SKYHOOK™, Frank’s will highlight proprietary drilling technologies that help optimize the drilling practice in extended reach wells, while preventing failures, reducing overall costs, and preserving well integrity. These include the patented Harmonic Isolation Tool (HI Tool®), and the Drill String Torque Reducer (DSTR™) sub. Frank’s non-marking Fluid Grip® tong will also be featured.

OTC was founded in 1969, and is widely acknowledged as the largest annual oil and gas industry event in the world, attracting attendees from 100 countries.

“OTC offers a valuable opportunity to showcase our latest technologies to a knowledgeable industry audience,” remarked Frank’s President and CEO Douglas Stephens. “This year, we are proud to feature new solutions that not only facilitate the most complex completions, but save time and money while enhancing safety on the rig.”

About Frank’s International

Frank’s International, N.V. is a global oil services company that focuses on complex and technically demanding wells by providing a broad and comprehensive range of highly engineered tubular running services, tubular fabrication, and specialty well construction and well intervention solutions. Founded in 1938, Frank’s International has approximately 3,000 employees and provides services to exploration and production companies in onshore and offshore environments in approximately 60 countries on six continents. Frank’s International common stock is traded on the NYSE under the symbol “FI.”  Additional information is available on www.franksinternational.com.

Contact:
Blake Holcomb – Director, Investor Relations and Communications
[email protected]
713-231-2463