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(Arabian Oil and Gas) --
National Oilwell Varco (NOV), the largest US oilfield equipment maker, has
announced it's purchase of Singaporean firm STSA for an undisclosed sum. STSA
services subsea blowout preventers and related pressure control equipment for
offshore drilling rigs in the Asia Pacific region. The company has 160
employees, and has two main manufacturing locations in Singapore and India.
In a company statement, NOV chairman Pete Miller said: “We are pleased to
add this fine organisation to NOV, and believe STSA will enhance the level of
service and technology we can provide our customers in the BOP and pressure
control equipment market, especially in the Asia Pacific. Earlier this month NOV
purchased fiberglass pipe provider Ameron USD 772 mln.
mrcplast.com
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