NOV Pens $1.5B Deal for 7 Drillship Equipment Packages

National Oilwell Varco 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 are pleased to have been selected as the drilling equipment supplier for this prominent project, and excited to work with one of Brazil's premier shipyard companies, EAS. Brazil's extraordinary deepwater discoveries of the past several years have transformed it into one of the most significant offshore markets we serve, and one we expect to continue to grow. We are investing heavily in Brazil to manufacture more of the products and technologies National Oilwell Varco provides to our oil and gas customers, and to service the rapidly growing installed base of NOV drilling equipment in the region.

"Congratulations to our Rig Technology team in securing the largest single order in our company's 150 year history."

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Mechanical Engineer- Contingency Repair Facilitator
Expertise: Maintenance Engineer|Mechanical Engineering
Location: Anchorage, AK
 
Plant Foreman - Calumet, OK
Expertise: Facilities Management|Heavy Machinery Operator|Maintenance Technician
Location: Calumet, OK
 
Plant Mechanic - Garden City, TX
Expertise: Heavy Machinery Operator|Mechanical Technician
Location: Garden City, NY
 
search for more jobs

Brent Crude Oil : $53/BBL 1.72%
Light Crude Oil : $49.77/BBL 2.27%
Natural Gas : $3.6/MMBtu 1.09%
Updated in last 24 hours