Home / News / Schlumberger buys 45% of NOV
Schlumberger purchased 45% of National Oilwell Varco's wired drill-string telemetry business, the companies announced recently. Under the new joint-venture agreement, NOV will retain operational control of the JV, while Schlumberger will add technology expertise and measurement know how, according to a release.

Schlumberger buys 45% of NOV

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>