Walter B. Reinhold
Walter B. (Beni)
Reinhold spent his entire working career in the drilling industry, and
was involved in the offshore industry from its earliest days. Working in
his father’s small oil tool company, Abegg & Reinhold, he became known
throughout the oilfield as an innovator and gradually transformed the
company into the leading manufacturers of offshore drilling equipment.
Beni held steadfast to the vision that offshore drilling would greatly
benefit from automation. Convinced that major improvements in offshore
safety and drilling efficiency would result from automation, he focused
his efforts on promoting a steady stream of offshore technology from top
drives to automated pipe-handling equipment. In the course of his
career, he created Varco International, one of the world’s leading
developers and manufacturers of offshore equipment. Almost all of
today’s offshore fleet is equipped with Varco’s equipment.