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

  • 31 October 2014

    Japan Drilling to operate new jackup under construction at Keppel

    The KFELS Super B Class design has a drilling depth of 35,000 ft. The rig's leg structure is designed to provide enhanced robustness for operations at 400 ft water depth...

  • 29 October 2014

    New intelligent water management solution based on oxidizer technology

    Nalco Champion has launched the RenewIQ line of oilfield water reuse solutions to help operators reduce freshwater consumption and associated handling costs...

  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

    Baker Hughes has commercially released its MultiNode all-electric intelligent well system. It allows operators to remotely monitor and control a greater number of production zones...

  • 29 October 2014

    Tercel collaborates with TOTAL to design MicroCORE PDC drill bit

    Tercel Oilfield Products has launched the MicroCORE cutting system at the 2014 SPE Annual Technical Conference and Exhibition in Amsterdam. The MicroCORE cutting...

  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

    The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...

  • Read more news