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US NOV acquires blowout preventer servicer

July 22/2011

(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: УWe 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. 

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