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…
Clay Williams has been named president and chief operating officer of National Oilwell Varco. Williams has served as the company’s executive vice president and chief financial officer since March 2005. Jeremy Thigpen has been assigned to fill Williams’ former position.
NOVCFO Williams to head National Oilwell Varco National Oilwell Varco, Inc. (NYSE: NOV) announced today that Clay Williams has been named President and Chief Operating Officer of National Oilwell Varco.Mr. Williams has served as the Company’s…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
Technology is a key enabler for Shell, Matthias Bichsel, director of the supermajor’s Projects & Technology business, told a two-day briefing at the Rijswijk technology centre in The Hague this spring. Meg Chesshyre joined the tour of the company’s iScope…
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…
Danny Murray (pictured) has been appointed to the newly created position of business development manager for the Middle East and North Africa at TWMA, which recently announced plans to set up a base in Dubai. He previously worked for R&M Energy Systems and Varco.
The big news coming out of Europe is that it is running out of money, but is Europe also running out of gas? Infield Systems' Peter Kiernan(left) and Dr Roger Knight discuss the future of Europe's gas supply in the light of the growing need to secure energy from Russia and the Middle East…
Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…
National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
As an indicator of the health of the oil & gas industry, attendance at May's Offshore Technology Conference in Houston suggests that recovery from the global recession is well underway. OE looks back over some of the sights and sounds of OTC 2011…
Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…
Technology and concerns about staffing took center stage at last month's SPE/IADC Drilling exhibition & conference in Amsterdam. Jennifer Pallanich listened in as companies discussed how to remain competitive. Hint: it's mostly the people.One…
Making more sense of pipe handlingNorway's TTS Sense has developed an advanced pipe handling machine named SmartRacker, following the award to the company of a contract to supply an entire drilling package to two advanced newbuild jackups…
Around 73,000 attendees packed this year’s OTC in Houston, nearly 5000 more than last year. But the still-unfolding Deepwater Horizon drama in the Gulf of Mexico kept the usual celebratory mood at bay, writes Russell McCulley.--It wasn’t exactly…
