Transocean Ltd. (RIG): During the quarter, NOV also signed a 10...

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Sunday, 07/30/2017 7:38:24 PM

Sunday, July 30, 2017 7:38:24 PM

During the quarter, NOV also signed a 10-year service and support agreement with Transocean Ltd. to maximize uptime and reduce total cost of ownership for the drill-floor equipment on 15 offshore drilling rigs. The collaborative arrangement leverages the operational expertise of both organizations and incorporate NOV’s drilling technologies, global aftermarket service and repair capabilities, and data-driven solutions, including its Rigsentry condition-monitoring system.

http://www.naturalgasintel.com/articles/111240-nov-chief-says-scarcity-returning-to-oilfields-as-excess-equipment-depleted

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