Tag: advancced

Advanced drilling rigs to be made in Saudi Arabia under new joint venture

Advanced drilling rigs to be made in Saudi Arabia under new joint venture

NOV will own 70% interest in joint venture, while Saudi Aramco will own 30% National Oilwell Varco, Inc. announced entering into an agreement with Saudi Aramco to form a joint venture in Saudi Arabia, according to a press release. Through its state-of the art manufacturing and fabrication facilities and NOV’s market-leading drilling technologies, the joint […]