FES International, a producer of fluid transfer solutions, has been awarded a major contract from National Oilwell Varco (NOV) to supply equipment to be used in the Maersk Oil UK-operated Culzean field in the North Sea. The project includes the design…
Scott Weeden drills down with NOV’s Hege Kverneland to find out why she is excited about using Big Data to predict component failures before they occur. Kverneland Just how exciting is Big Data…
Ongoing low oil prices and reduced spending by oil majors are continuing to hurt the oil industry, with a new round of layoffs in full swing. But, some, at least, are seeing the possibility of light at the end of the tunnel. The gloom…
Norwegian oil services investment firm Akastor has agreed to sell Fjords Processing to National Oilwell Varco for US$145.7 million on a debt- and cash-free basis. Fjords is a leader in complete process support systems for gas, oil and water…
Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of its Subsea Products business. The sale includes Thor Tie-In, Weaklink, Pipeline Structures (typically PLEM…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
National Oilwell Varco (NOV) introduced an advancement in radio frequency identification (RFID) technology and asset management software for the oil and gas industry. NOV’s latest generation RFID tag, TracTagTM, has been field-proven…
The Scottish government has pledged £24.5 million in support for the North Sea oil and gas industry in Scotland. The funding, unveiled by First Minister Nicola Sturgeon, comprising £12.5 million to help oil and gas firms research and…
Offshore Technical Compliance (OTC) in partnership with Hecate Software has announced the introduction of Greenlight, a digital pressure testing software suite which provides reliable pressure analysis and compliance oversight. Greenlight uses proprietary algorithms to conduct…
Melanie Luthi, Sanna Zainoune, and Stephen Forrester, of NOV, discuss how streaming downhole data on a job in the Norwegian North Sea helped improve both the drilling process and decision making. The time-based log shows the annular pressure…
In this illustrated video, National Oilwell Varco (NOV) shows its Devin subsea completion and intervention package and what it does for deepwater operations. Devin provides various surface support equipment packages and technicians in support of both lower/upper completion operations…
Pulse Structural Monitoring (Pulse), an Acteon company, has been awarded a contract with National Oilwell Varco (NOV) Arendal in Norway to provide an acoustic mooring line subsea monitoring system to measure mooring line inclination and tension…
National Oilwell Varco (NOV) appointed Jose A. Bayardo as senior vice president and chief financial officer (CFO) of NOV, effective 28 August 2015. Bayardo succeeds Scott K. Duff, interim CFO. Prior to joining NOV, Bayardo, age 43, served as senior vice president…
NOV's senior vice president and chief financial officer, Jeremy D. Thigpen, has left the company effective immediately to become president and CEO of rig owner Transocean. Thigpen succeeds Ian C. Strachan who was appointed interim CEO…
NOV has restructured into three business segments: NOV Rig Systems, NOV Wellbore Technologies, and NOV Completion & Production Solutions. NOV Rig Systems makes and supports drilling solutions, designing and manufacturing drilling equipment components…
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