National Oilwell Varco, Inc. announced today that Mark A. Reese resigned on April 29, 2013 as President – Rig Technology to pursue other business opportunities. Pete Miller, Chairman and CEO of National Oilwell Varco, remarked, “In his 33 years with NOV, Mark has literally worked his way up from the field to become the President of our largest [...]
National Oilwell Varco, Inc. announced yesterday that Clay Williams has been named President and Chief Operating Officer of National Oilwell Varco. Williams has served as the Company’s Executive Vice President and Chief Financial Officer since March 2005. He served as Varco International, Inc.’s Vice President and Chief Financial Officer from January 2003 until its merger [...]
Schlumberger Limited has completed the sale of its Wilson distribution business to National Oilwell Varco, Inc. Terms of the all-cash transaction, which remains subject to customary closing conditions, including regulatory approval, were not disclosed. Founded in 1921, Wilson is a leading distributor of pipe, valves and fittings as well as mill, tool and safety products [...]
National Oilwell Varco, Inc. today reported that for its first quarter ended March 31, 2012 it earned net income of $606 million, or $1.42 per fully diluted share, compared to fourth quarter ended December 31, 2011 net income of $574 million, or $1.35 per fully diluted share. The first quarter 2012 results included transaction costs [...]
National Oilwell Varco, Inc. has entered into an agreement with Schlumberger Limited (NYSE: SLB) to purchase its Wilson distribution business segment. Terms of the all-cash transaction, which remains subject to customary closing conditions, including regulatory approval, were not disclosed. Pete Miller, Chairman, President and CEO of National Oilwell Varco, remarked, “We are excited about the [...]
In February 2012, NKT Holding A/S and Subsea 7 S.A. entered into an agreement to sell NKT Flexibles to National Oilwell Varco (NOV) for a total consideration of DKK 3.8 billion (USD 671 million). The agremeent, which was subject to approval from the relevant competition authorities has today been completed and NKT Flexibles been transferred [...]
![USA: NOV Inks USD 1.5 Billion Contract for Seven Drillship Equipment Packages]()
National Oilwell Varco, Inc. yesterday announced that it has signed contracts to supply drilling equipment packages for seven drillships to Estaleiro Atlantico Sul (“EAS”), including drilling riser and pressure control equipment. The value, over the term of the deliveries, is approximately $1.5 Billion. Pete Miller, Chairman, President and CEO of National Oilwell Varco, stated “We [...]
August 15, 2011 | Posted in
Americas,
Company News,
Contracts & Tenders,
Featured,
Headlines,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Vessels |
Read More »
