Oilfield services company NOV is making a $200 million investment to roughly double capacity at its subsea flexible pipe manufacturing facility in Brazil, a move said to be due to expected growing demand. The investment in the manufacturing facility in Açu will be made over the next three years, and
French provider of tubular solutions Vallourec has secured five contracts for oil country tubular goods (OCTG) products to be delivered in Indonesia. Vallourec signed two contracts in February for 14,000 tons of OCTG products, part of a series of five contracts signed recently with different operato
