CATEGORIZED | News, The Efficient Rig

NOV to deliver $1.5 billion in drillship equipment packages to Brazil

Posted on 16 August 2011

National Oilwell Varco (NOV) and Brazil’s Estaleiro Atlantico Sul (EAS) recently signed seven contracts worth $1.5 billion for drillship equipment packages, including drilling riser and pressure control equipment. This is the largest single order in NOV’s 150-year history. EAS won a bid for the construction of seven drillships for Petrobras earlier this year.

“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 where we expect to continue to grow,” Pete Miller, NOV president and CEO, said. “We are investing heavily in Brazil to manufacture more of the products and technologies NOV provides to our oil and gas customers and to service the rapidly growing installed base of NOV drilling equipment in the region.”

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 28 July 2014

    SDI completes 500th MagTraC MWD Ranging project

    Scientific Drilling International (SDI) has completed the 500th MagTraC MWD Ranging project. MagTraC was introduced in 1998 to target challenging applications...

  • 28 July 2014

    Modular offshore rig design reduces deployment costs

    William Jacob Management (WJM) has introduced an offshore rig design that reduces deployment costs and improves speed-to-market for upstream operations. The 3,000-hp...

  • 23 July 2014

    Halliburton promotes Jeff Miller to President

    Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...

  • 23 July 2014

    Statoil resumes production on Njord A platform

    Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...

  • 22 July 2014

    Petrobras’ domestic oil production tops 2 million bbl/day in June

    Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated...

  • Read more news