• HOUSTON--(BUSINESS WIRE)--Dec. 4, 2018-- National Oilwell Varco, Inc. (NYSE: NOV) today announced the signing of a frame agreement with Equinor ASA for the provision of IntelliServTM Wired Drillpipe to outfit their global fleet of offshore drilling rigs. This agreement is based on the success of recent field deployments of version two of Wired Drillpipe that have demonstrated the value of high-speed telemetry in multiple applications across their fleet of working rigs. The initial agreement is for three and a half years with five, two-year extensions.

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    Published Date: 2018-12-04
    Source: National Oilwell Varco