Sorting Subsea Seawater Injection
For mature offshore facilities, adding or even increasing water treatment and injection facilities can prove difficult, due to space or weight constraints, and may also be prohibitively expensive.
National Oilwell Varco Reports Second Quarter 2018 Earnings
, an increase of 17 percent compared to the first quarter of 2018 and an increase of 20 percent from the second quarter of 2017. Operating profit for the second quarter of 2018 was
, or 2.5 percent of sales, and Adjusted EBITDA (operating profit excluding depreciation, amortization, and other items) was
, or 10.7 percent of sales
“Our team executed well and delivered double-digit sequential sales growth across all three of our business segments during the second quarter,” commented
, Chairman, President, and CEO. “We achieved several notable milestones during the quarter, including securing the largest land rig order ever placed, which was associated with…
Ratings Leaders in EnergyPoint Research's Surveys
Top-rated suppliers in EnergyPoint Research's latest oilfield supplier customer satisfaction surveys.
National Oilwell Varco Reports First Quarter 2018 Results
, a decrease of nine percent compared to the fourth quarter of 2017 and an increase of three percent from the first quarter of 2017. Operating loss for the first quarter of 2018 was
, or 0.1 percent of sales, and Adjusted EBITDA (operating profit excluding depreciation, amortization, and other items) was
, pre-tax, primarily from the reversal of certain accruals, partially offset by restructure charges and severance payments
“During the first quarter of 2018 NOV benefitted from growing demand for short-cycle consumables and services in
, Chairman, President, and CEO. “Unfortunately, however, the protracted budgeting cycle we saw early in the…
Oil giant’s multimillion-dollar wireline HQ confirms 20-year commitment to North East
Facebook Twitter Pinterest LinkedIn A global oil and gas services company has announced a 20-year commitment to the North East of Scotland with the investment in a multimillion-dollar, purpose-built global HQ, manufacturing and engineering centre. The £41.7 million investment in the new facility in Kintore, on the outskirts of Aberdeen, marks NOV’s largest investment in …
NOV wireline HQ confirms 20-year commitment to North East of Scotland
The 210 000 ft² base is the company’s global HQ and engineering centre for its wireline equipment manufacture and provides after-sales support for all NOV intervention equipment in Europe, Africa and the CIS.