UK oil and gas engineering firm FES International has won a US$1.2million (£700,000) contract to supply four diverless bend stiffener connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year, with a combined value of almost $5million…
National Oilwell Varco Inc. announced that Chairman and Chief Executive Officer Merrill A. “Pete” Miller, Jr. has informed the Board of Directors that he intends to step down from those positions, concurrent with the completion of plans to…
Oilfield services giant National Oilwell Varco (NOV) has decided to spin off their equipment distribution business into an independent company through an initial public offering made as early as next year. The company expects this plan to be completed as early as the first half of 2014…
After closing its US$2.5 billion acquisition of well-drilling equipment parts provider Robbins & Myers, Houston-based National Oilwell Varco (NOV) adds three more businesses to its NOV Mono division: Moyno Inc., Chemineer Inc., and Tarby Inc…
This event aired on August 20, 2013 Click to AccessThe offshore oil and gas industry continues moving into deeper waters, creating challenges in operations that would be common place in shallow-water projects. New synthetic materials…
Houston-based National Oilwell Varco (NOV) is to pay $2.5 billion for Robbins & Myers – a supplier of well-drilling equipment parts, including valve controls and grinders – adding three more businesses to its NOV Mono division: Moyno Inc…
This event aired on May 29, 2013 Click to AccessJoin Dr. James Gaertner, director of research and development at ViChem Specialty Products, on May 29, 2013, for a live presentation and Q&A on a new water-based mud that balances performance and compliance…
Next Tuesday, April 30, OE will host new Expert Access webinar, this time featuring Patrick Zirnhelt and Jeremiah Woodford of IFS North America. Zirnhelt penned an article for OE’s April issue entitled “Increasing returns from asset management investment…
This event aired on April 30, 2013 Click to AccessJoin Patrick Zirnhelt and Jeremiah Woodford for a Live Presentation and Q&A session on the many ways companies can improve their production, avoid unscheduled shutdowns, control costs…
This event aired on February 26, 2013 Click to AccessJoin Aaron Sinnott for a Live Presentation and Q&A session on the importance of handling tubular in an efficient and effective way to minimize their impact on offshore personnel and equipment…
This event aired on January 29, 2013 Click to AccessIncreased automation offshore means oil & gas companies have far more systems that are vulnerable to computer viruses. Gregory Hale and Eric Byres discuss and answer questions on…
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
OE Magazine launches dedicated news website OE Magazine has launched a dedicated website OEdigital.com, which will provide readers with the latest oil and gas news, technological trends and exclusives.The new OEdigital.com connects oil and…
87% of shareholders approved NOV acquisitionRobbins & Myers shareholders overwhelming approved NOV's acquisition of the company, Robbins & Myers announced on 27 December 2012.Nearly 85.7% of outstanding shares voted for the transaction,…
National Oilwell Varco is looking to establish a major foothold in the flexible pipe business with the acquisition of Danish manufacturer NKT Flexibles, a joint venture between NKT Holding and Subsea 7 since 1999.The $670 million deal, announced early February…
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