Nov Intelliserv Expert Access News

 

Gloom, cuts cloud results round

Oct 27, 2016

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…

NOV buys Fjords Processing

Oct 27, 2016

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…

Using wired drill pipe to drive down well cost

Aug 01, 2016

Wired drill pipe has been a long time coming. As operators look at cost savings across the full life cycle, the benefits are now being recognized, says NOV’s Leon Hennessy. Drill floor operations…

NOV buys Kongsberg's Subsea Products

Jul 22, 2016

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…

NOV, GE enter FPSO pact

Jul 07, 2016

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…

NOV debuts RFID, asset management improvements

May 26, 2016

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…

Scottish government pledges £24 million industry support

Feb 02, 2016

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…

Visualizing downhole data

Nov 01, 2015

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…

NOV’s Devin package

Oct 28, 2015

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 wins NOV contract

Oct 06, 2015

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…

Jose Bayardo appointed NOV SVP, CFO

Aug 31, 2015

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 Thigpen to head Transocean

Apr 21, 2015

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…

MacGregor assigns new VP

Mar 31, 2015

MacGregor has reorganized into seven operative divisions since the beginning of 2015. The offshore mooring and loading division drives the development of systems and equipment for offshore floating units. MacGregor has appointed Høye G. Høyesen as VP…

NOV awards Aveon Offshore buoy contract

Nov 11, 2014

Nigeria's Aveon Offshore has been awarded a contract by National Oilwell Varco (NOV) Nigeria for the fabrication of Egina offloading buoy as part of the package for the Egina oil loading terminal contract for Total Upstream Nigeria. The contrac…

NOV announces restructure

Oct 18, 2014

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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